PG Plc

Related Party Transaction • Jul 31, 2025

COMPANY ANNOUNCEMENT

The following is a company announcement issued by PG p.l.c. (C-78333) in terms of Capital Markets Rule 5.162 of the MFSA.

Date of Announcement:	31 July 2025
Ref.:	097/2025

Class 1 Transaction

QUOTE

The Board of Directors of PG p.l.c. (the "Company") hereby gives notice that on 29 July 2025, one of the Company's subsidiaries, PG Finance Limited, a private limited liability company registered in Malta bearing company registration number C-45136, and having its registered office situated at PG Group Head Offices, Pama Shopping Village, Valletta Road, Mosta, Malta (the "Buyer"), entered into a deed of sale by virtue of which the Buyer acquired from Soap & Sponge Ltd, a private limited liability company registered in Malta bearing company registration number C-4546, and having its registered office situated at 25, The Terraces, Fl 3B, Telghet ix-Xemxija, San Pawl il-Bahar, SPB9028, Malta (the "Vendor"), the "Property", namely the showroom without official number but styled 'S&S Bathrooms' with a frontage on Mosta Road, Lija, together with the surrounding land, which in all encompass an area of circa thirteen thousand one hundred square meters (13,100 sqm), and which is bounded on the south by the said Mosta Road, on the west by the building named 'Ciappella Motors', and on the east by land on which the showroom 'Jysk' is built.

The Property in question has been sold and acquired as free and unencumbered, with all its rights and appurtenances, subsoil and airspace, and with vacant possession, and free from any servitudes, rights, leases or any other real or personal rights in favour of third parties.

The sale has been made for the consideration of nineteen million Euro (EUR19,000,000.00), of which six million Euro (EUR6,000,000.00) has been paid by the Buyer to the Vendor on the date of entry into the deed, with the balance being paid in twelve (12) instalments over a period of seventy-two (72) months.

No business is currently being carried on by, or through the use of, the net assets the subject of the abovementioned transaction.

The said Property has now been added to the Buyer's asset base, thus strengthening the property holding of the PG Group, of which the Company and the Buyer form part.

Notary Sam Abela has been appointed by the parties as the notary presiding over the deed, and shall accordingly be registering the deed with the Inland Revenue Department.

There are currently no profits attributable to the Property, nor are there any key individuals that need to be identified (as the Property is neither a business nor a company) pursuant to Capital Markets Rules 5.164.5 and 5.164.9 respectively, and no such relevant disclosures are being made.

UNQUOTE

By order of the Board.

_________________ Dr Emma Grech Company Secretary

31 July 2025