EQUALS GROUP PLC

Capital/Financing Update • Feb 6, 2024

Company Announcement: JUE 05

COMPANY ANNOUNCEMENT

QUOTE

The following is a Company Announcement issued by Juel Group p.l.c. pursuant to the Capital Markets Rules as issued by the Malta Financial Services Authority.

Issue of up to €5,000,000 Unsecured Notes 2027 – 2029 by Juel Group p.l.c. (the "Company")

The Board of Directors of the Company hereby announces that it has applied to the Malta Financial Services Authority requesting authorisation for the issue of a maximum of €5,000,000 unsecured notes redeemable between 2027 and 2029 of a nominal value of €1,000 per note (the "Notes").

The Notes will not be listed or traded on the Malta Stock Exchange or on any other regulated market. Subject to obtaining regulatory approval by the Malta Financial Services Authority, the Notes shall be issued in tranches pursuant to a note issuance programme in favour of the nominee and placement agent appointed for the purposes of the proposed issue, M.Z. Investment Services Limited (C 23936).

Further information in connection with the proposed issue of the Notes will be provided in the prospectus that will be published following attainment of the necessary approval from the Malta Financial Services Authority.

UNQUOTE

BY ORDER OF THE BOARD

Dr. Karen Coppini Company Secretary

06 February 2024