The Mall of Engomi (ME) Plc

Share Issue/Capital Change • Apr 30, 2024

30 April 2024

STAKEHOLDER COMMUNICATION: THE MALL OF ENGOMI (ME) Plc (the "Company")

To all stakeholders of the Company

Further to the announcement made on 25 April 2024 (the "Announcement") regarding the authorisation granted to the Directors for the issue and allotment of additional shares subject to the conditions specified in the Announcement (the "Conditions"), the Company wishes to inform its shareholders, the investing public and any other interested party that the Conditions have now been met and or are deemed as non-applicable and the Company will now proceed with the issue and allotment of 36,392,487 ordinary shares of nominal value EUR 0.10 per share (the "New Shares") to Pareto Limited ("Pareto") that will constitute c. 70.03% of the issued share capital of the Company post the issuance of the New Shares pursuant to the provisions of a subscription agreement between the Company, Pareto and Atterbury Cyprus Limited for the acquisition of the New Shares.

The shareholders of the Company resolved at the extraordinary general meeting of the Company held on 24 April 2024 to waive and/or restrict and/or exclude any and all pre-emption rights applicable to the members of the Company with respect to the issuance of the New Shares.

The Company will proceed with an application to list the New Shares in the Emerging Companies Market of the Cyprus Stock Exchange pursuant to paragraph 4.3.2.2 of RAA 379/2014 (as amended).

For The Mall of Engomi (ME) Plc

Montrago Services Limited Secretary

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