TIME FINANCE PLC

Board/Management Information • Apr 30, 2019

COMPANY ANNOUNCEMENT Mariner Finance p.1.c.

Appointment of CEO by HILI COMPANY LIMITED (C62988)

Date of Announcement 30/04/2019 Reference MRF 50

The following is a company announcement issued by Mariner Finance p.l.c. (the "Company") pursuant to the Malta Financial Services Authority Listing Rules.

OUOTE

The Company hereby announces that Mr Edward Hili, holder of a Maltese National Identity Card bearing number 149486M of 37 Triq Censu Tabone, St. Julians, STJ1218 has been appointed as Chief Executive Officer of Hili Company Limited with immediate effect.

Hili Company Limited is the sole shareholder of Mariner Capital Limited which is the majority shareholder of Mariner Finance p.l.c.

Edward joined Hili Company in 2008 as a financial analyst in the group's Terminals & Logistics segment, Mariner. He is now responsible for driving the strategic growth and development of the group across all business sectors. He has led a number of international acquisition and development projects, as well as several capital raising efforts.

Edward Hili has played a key role in expanding the group's portfolio. This now includes the renewable energy segment, with projects in Malta and Croatia, and investments in Manoel Island Yacht Yard and Manoel Island Yacht Marina. He has also driven the growth of the logistics segment through the establishment of Mariner Shipping and the expansion of Mariner Logistics' warehousing and distribution portfolio.

Edward Hili graduated with a Masters in Finance from the University of Cambridge and is an ACCA Fellow. He has served as an independent, non-executive director on a number of regulated financial sector entities.

There is no further matter concerning Mr Edward Hili requiring disclosure under the Listing Rules 5.20 and 5.21

UNQUOTE

Signed:

Kevin Saliba Company Secretary

30th April 2019

a MARIN HILI HOLDINGS company