Santumas Shareholdings Plc

Board/Management Information • Feb 13, 2024

Santumas Shareholdings plc

Amalgamated

with Marsascala Development Limited, Santumas Contractors Limited and Calpabrin Properties (Investments) Limited

Britannia House 1, 9 Old Bakery Street, Valletta VLT 1450, Malta G.C. Telephone: (+356)2125 0345 E-mail: santumas@santumasmalta.com · Web: www.santumasmalta.com

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by Santumas Shareholdings plc ("the Company") pursuant to Chapter 5 of the Capital Markets Rules as 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 they may be amended from time to time.

Change of Auditors

The Company announces that in accordance with the provisions of Article 151A of the Companies Act (Cap 386), the incumbent statutory auditors, namely Ernst & Young (EY) will conduct their last permissible statutory audit of the Company for the financial year ending 30th April 2024.

Accordingly, the Audit Committee of the Company has been overseeing the process for the selection of a new firm for appointment as statutory auditors to the Company with effect from financial year ending 30th April 2025.

Following the issuance of a request for proposals, a comprehensive evaluation of the submissions received, and presentations made, the Board of Directors has resolved that it will be recommending the appointment of Mazars Malta as the statutory auditors at the next Annual General Meeting of the Company.

By order of the Board

Michael Formosa Gauci Company Secretary

13th February 2024

Directors: A.P. Demajo · C. Testaferrata Moroni Viani · R. Buontempo CMgr, FCMI, MIM, · P.P. Testaferrata Moroni Viani · N. Tabone B. Accty (Hons), FCCA, FIA, Ph.D, CPA · M. Galea MIA, FCCA, CPA