The Navigator Company

AGM Information • May 15, 2024

THE NAVIGATOR COMPANY, S.A.

Share capital: € 500,000,000 Corporate Entity: 503 025 798 Registered at the Commercial Register of Setúbal Headquarters: Mitrena, Freguesia do Sado, Setúbal

ANNOUNCEMENT

Following the announcement of the recommended firm cash offer, to be implemented by way of a scheme of arrangement, ("Offer") on 22 March 2024 by Navigator Paper UK Limited, a wholly owned indirect subsidiary of The Navigator Company SA ("Navigator") for Accrol Group Holdings Plc ("Accrol"), Navigator is pleased to announce that the resolutions to approve the Offer were passed by the requisite majority of Accrol shareholders at each of Accrol's Court Meeting and General Meeting, held earlier today.

The outcome of the Offer was announced today, following the General Meeting of Accrol. The Offer was approved at the Court Meeting with 99.12% of the votes and the connected resolution was passed at the General Meeting with 99.17% of the votes cast, enabling the acquisition of 100% of the company's share capital.

The Increased and Final Offer for Accrol, announced by Navigator on 3 May 2024, values Accrol's fully diluted equity at approximately £130.8 million (circa €152.1 million). Considering Accrol's halfyear results, as of October 31, 2023, financial debt totals £25.5 million (circa €29.6 million) or £57.4 million pounds (circa €66.7 million) including IFRS16.

Copies of the announcements, the Scheme Document and further communications are available on Navigator's website at https://www.thenavigatorcompany.com/Investidores/Recommended-cashoffer-for-accrol-group-holdings-plc.

The Offer is expected to become effective upon May 24th.

Lisbon, 15 May 2024

THE NAVIGATOR BOARD OF DIRECTORS