Tigne Mall Plc

M&A Activity • Sep 24, 2024

Tigné Mall plc, The Point Shopping Mall, Management Suite, Tigné Point, TP 01, Malta

T. (+356) 2247 0300 | WWW.THEPOINTMALTA.COM

Ref: TML 131/2024

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by Tigné Mall plc (C 35139) (the "Company") in terms of Chapter 5 of the Capital Markets Rules issued by the Malta Financial Services Authority

Quote

Information to the Market

The Company refers to (1) the Company Announcement issued by the Company on 10 September 2024 announcing that the Company was notified by Marsamxett Properties Ltd (C 106474) (the "Offeror") by means of a letter dated 10 September 2024 (the "10 September 2024 Letter") of its intention to launch a conditional voluntary public takeover bid for the acquisition of all the issued share capital of the Company in accordance with Chapter 11 of the Capital Markets Rules (the "Bid"); and (2) the Company Announcement issued by the Company on 13 September 2024 announcing that on the same day it received from the Offeror a letter confirming the launch of the Bid pursuant to the terms of an offer document dated 13 September 2024.

The Company also refers to the 10 September 2024 Letter whereby the Offeror sought "the Company's cooperation with respect to providing the Offeror with copies of:

• i. The public deed in the records of Notary Vincent Miceli of 15 June 2000 whereby the Government granted the temporary emphyteutical concession of immovable property at Tigné Point and Manoel Island for a period of 99 years commencing from 15 June 2000 to MIDI p.l.c;
• ii. The public deed in the records of Notary Pierre Attard of 22 October 2010 whereby MIDI p.l.c. granted the property in question to the Company for the remaining period of the original period of 99 years which commenced from 15 June 2000;
• iii. Any other documentation which you believe may require third-party prior consent upon the possible change in control of the Company which may be brought about as a result of proposed Bid."

The Company is responding to the Offeror's request via this Company Announcement as follows:

• 1. Insofar as the public deed referred to in paragraph i above is concerned, the Company notes that the said public deed is already in the public domain, but nonetheless is publishing a copy of the said public deed on the Company's website as follows: Annex 1;
• 1. Insofar as the public deed referred to in paragraph ii above is concerned, the Company notes that the said public deed is already in the public domain, but nonetheless is publishing a copy of the said public deed on the Company's website as follows: Annex 2;
• 1. Insofar as the request for documentation referred to in paragraph iii above is concerned, the Company declares, without any liability on its part, that it knows of no material documentation that requiresthird-party prior consent upon the possible change in control of the Company which may be brought about as a result of proposed Bid.

The Company will keep the market updated in accordance with the Capital Markets Rules.

Unquote

By order of the Board

Dr Maria Formosa Bonello Company Secretary

24 September 2024