TIME FINANCE PLC

Capital/Financing Update • Apr 6, 2022

The following is a Company Announcement issued by G3 FINANCE P.L.C., a company registered under the laws of Malta with company registration number C 94829 (hereinafter the "Company"), pursuant to the Capital Markets Rules issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the laws of Malta), as amended from time to time.

Quote

Subscription and Listing of €12,500,000 G3 Finance p.l.c. 4.5% Secured Bonds 2032

The Company is pleased to announce that, following regulatory approval received on the 25th of March 2022, its offer of €12,500,000 worth of 4.5% Secured Bonds 2032 with a nominal value of €100 per bond and issued at par (the "Bonds") in terms of a prospectus dated 25th March 2022 (the "Prospectus"), offered via subscription to a number of authorised financial intermediaries as set out in the Prospectus (the "Bond Issue"), has been subscribed in full. The Bonds have been allocated amongst the authorised financial intermediaries in accordance with the terms of the Prospectus further to the entry into placement agreements for the purpose.

In terms of the placement agreements, each of the authorised financial intermediaries which subscribed for Bonds was entitled to do so for its own account or for the account of underlying customers, including retail customers, as set out in the Prospectus.

The Bond Issue is guaranteed by G3 Holdings Limited (C 94828).

The Bonds have been admitted to listing on the Official List of the Malta Stock Exchange with effect from today, 6 th April 2022, and trading may commence as from 7 th April 2022.

Interest on the Bonds at the rate of 4.5% per annum commenced on 6 th April 2022 and shall be payable annually in arrears on 6 th April of each year up to redemption, with the first interest payment falling due on the 6 th of April 2023.

It is further announced that the Collateral (as defined in the Prospectus) has been granted and constituted in favour of the Security Trustee (as defined in the Prospectus) for the benefit and in the interest of Bondholders (as defined in the Prospectus) in terms of the Prospectus, as security for the fulfilment of the Issuer's Bond Obligations (as defined in the Prospectus).

The Company wishes to thank the investing public and authorised financial intermediaries for their strong support in this Bond Issue.

_________________________________________________________________________________

Unquote

By order of the Board

_____________________

Dr Luca Vella Company Secretary

6

th April 2022 Company Announcement: G301

G3 Finance p.l.c. W: www.g3.com.mt T: (+356) 2152 3912 Adenau Street, Mellieha MLH 2014, Malta

The Pergola, E: info@g3.com.mt Company Registration No.: C 94829