EQUALS GROUP PLC — Capital/Financing Update 2024

May 20, 2024

Company Announcement: JUE 13

JUEL GROUP P.L.C.

The following is a Company Announcement being made by Juel Group P.L.C. (the "Company") pursuant the Capital Markets Rules issued by the Malta Financial Services Authority.

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PUBLICATION OF FINAL TERMS RELATIVE TO THE SERIES 2/2024, TRANCHE I NOTES

Reference is made to company announcement JUE 07 dated 9 April 2024 in which the Company announced that a base prospectus dated 8 April 2024 ("Base Prospectus"), relating to the issue of up to €5,000,000 unlisted unsecured notes ("Notes") pursuant to a note issuance programme (the "Note Issuance Programme"), has been approved by the Malta Financial Services Authority, as the competent authority under the Prospectus Regulation (Regulation EU No. 2017/1129).

In April 2024, the Company issued €3,500,000 6.5% notes 2027 – 2029 as part of Series 1/2024, Tranche I of the Note Issuance Programme, pursuant to the final terms relative to the first tranche of Notes dated 8 April 2024.

The Company hereby announces that it has published final terms dated 17 May 2024 relating to the issue by the Company of up to €1,500,000 6.5% unsecured notes 2027 – 2029 (the "Final Terms"). The new Notes to be offered by the Company are to be designated as Series 2/2024, Tranche I Notes.

The Final Terms must be read in conjunction with the Base Prospectus. The Base Prospectus and the Final Terms may be accessed and downloaded from the Company's website at: https://juel.mt/investor-relations/borrowings-from-the-financial-market/issue-of-global-notes/

UNQUOTE

BY ORDER OF THE BOARD

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Dr. Karen Coppini Company Secretary

20 May 2024