EQUALS GROUP PLC

AGM Information • May 8, 2024

Company Announcement: JUE 12

COMPANY ANNOUNCEMENT

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 (C.M.R. 5.16., 5.20 & 5.21).

Annual General Meeting 2024

QUOTE

During the Annual General Meeting of the Company held today, 08 May 2024, the following resolutions were discussed and approved:

ORDINARY BUSINESS

• 1. That the Consolidated Audited Financial Statements of the Company for the year ended 31 December 2023 together with the directors' report and the auditors' report as set out in the Company's Annual Report are hereby approved.
• 1. That no dividend be declared by the Company.
• 1. The same number of nominations as there were vacancies were received by the Company. It was resolved to appoint Mr. Justin Cutajar, residing at 8, Moonstone, Juan B Azopardo Street, Naxxar NXR 4403 as Executive Director, Legal and Judicial Representative of the Company with effect from today.
• 1. That Mr. Adrian Muscat, Mr. Robert C Aquilina, Mr. Mario Camilleri and Mr. Dennis Gravina be re-appointed as Directors of the Company for a subsequent term.
• 1. That the maximum annual aggregate emoluments of the Directors for the Financial Year ending 31 December 2024 be €36,000.
• 1. That TACS Malta Limited be re-appointed as auditors of the Company for a subsequent term and that the Board of Directors shall be authorised to fix the remuneration of the auditors as they may deem fit and in the interest of the Company.

In terms of C.M.R. 5.20 and 5.21, Mr. Justin Cutajar is being appointed Executive Director of the Company. He is presently the Executive Director of The Ona plc (C 101370) and Gap Group plc (C 75875). Mr. Cutajar is an accountant by profession and holds various directorships in private companies of which he is also a shareholder, some being involved in the business of property development.

There are no matters to be disclosed in terms of C.M.R. 5.20.5 to C.M.R. 5.20.9.

The Company hereby announces that during a meeting of the Board of Directors held after the Annual General Meeting, the Board resolved to appoint Mr. Adrian Muscat as Executive Chairman of the Company which position is being supported by the Executive Director Mr. Justin Cutajar. The Board thanks Mr. Robert C. Aquilina for his valid contribution as Interim Chairman of the Company further to the demise of Mr. George Muscat on the 22 September 2023.

UNQUOTE

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Dr. Karen Coppini Company Secretary

08 May 2024