Grand Harbour Marina Plc

Related Party Transaction • Sep 27, 2024

COMPANY ANNOUNCEMENT

GRAND HARBOUR MARINA P.L.C. (THE "COMPANY")

Related Party Transaction

Date of Announcement	27 September 2024
Reference	218/2024
Capital Markets Rules	5.143.3.1

This is a company announcement being made by the Company in compliance with Chapter 5 of the Capital Markets Rules:

QUOTE

Reference is made to the Loan Note issued by Camper & Nicholsons Marina Investments Limited, a company registered and incorporated in Guernsey, bearing company registration number 1-45700, and with its registered address at Bordage House, Le Bordage St, Peter Port Guernsey GY1 1BU, Guernsey ("CNMIL") and held by the Company, in terms of which CNMIL obtained a €2,250,000 loan from the Company, at an interest rate of 4.5 per annum. Loan Note 4 is to mature on 30 September 2024.

The Company announces that CNMIL has made a partial prepayment of the principal due under Loan Note 4 in the amount of €450,000 (the "Prepayment"), leaving a balance of €1,080,000 (the "Balance"). The Balance has been rolled-over by virtue of a new loan note issued by CNMIL and subscribed to by the Company in the principal amount of €1,080,000 ("Loan Note 6"). The amounts due under Loan Note 6 bear interest at the rate of 4.5% per annum.

The entry into the new Loan Note 6 has been approved by the independent members of the audit committee of the Company who, after having carefully considered their obligations in terms of the Capital Market Rules, concluded that the entry into the new Loan Note 6 is at arms' length.

UNQUOTE

Signed:

________________________

Louis de Gabriele Company Secretary