GO Plc

M&A Activity • Mar 27, 2024

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by GO p.l.c. (the "Company") pursuant to the Capital Markets Rules as issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as they may be amended from time to time.

Investment in Energy Company

Quote

The Company hereby announces that it has signed a share purchase agreement that will result in the acquisition, by the Company, of 51% shareholding in AQS Med Limited (C 50569) ("AQS"). The total consideration payable for the acquisition of the shares is €1,203,437 with the possibility of a further total earnout of €1,984,063 depending on the performance of AQS over a five (5) year period. The conclusion of the transaction is dependent on a number of conditions precedent being satisfied and therefore may or may not conclude.

AQS was established in 2010 when the renewable energy market in Malta was still an emerging one. It has since established itself as a market leader having been entrusted with some of the largest installations on the island.

This strategic acquisition underlines the Company's commitment to renewable energy. Furthermore, the Company believes that through this acquisition it can help support the achievement of Malta's environmental targets which, at the same time, present an opportunity to grow in the energy vertical.

Further announcements will be made as and when necessary.

Unquote

Dr. Francis Galea Salomone LL.D. Company Secretary

27 March 2024

GO plc, Fra Diego Street, Marsa, MRS 1501 Malta PO Box 40, Marsa MRS 1001 t. +356 2124 6200 e. customercare@go.com.mt Company Registration Number: C22334 VAT Number: MT 12826209

LTRH -

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go.com.mt