H2APEX Group SCA — Capital/Financing Update 2025

Apr 24, 2025

Notification of Related Party Transactions

H2APEX Group SCA, Luxembourg, Grand Duchy Luxembourg

Grevenmacher, 23 April 2025 / 20:57 CEST – H2APEX Group SCA ("H2APEX") as borrower today entered into a EUR 20,000,000 loan agreement with its shareholder Active Ownership Fund SICAV SIF SCS. The loan is unsecured and bears interest of 7% and has a term until 15 May 2026. The loan agreement includes the right of the lender to convert the loan amount (plus interest accrued) into shares of H2APEX at a conversion price of EUR 2.20 per share. Further, H2APEX agreed to pay Active Ownership Fund SICAV SIF SCS an arrangement fee equal to 3.00% of the loan amount.

Furthermore, Endurance Fund Ltd., an investor in the Atlan Group which holds about 36.50% of H2APEX's share capital, granted H2APEX a comfort letter for an additional EUR 15,000,000. Further, H2APEX agreed to pay Endurance Fund Ltd. an arrangement fee equal to 1.00% of the liability amount under the comfort letter.

For further information:

Email: investor.relations@h2apex.com H2APEX Group SCA 19, rue de Flaxweiler L-6776 Grevenmacher Luxemburg Phone +352 28 38 47 20

ISIN: LU0472835155 WKN: A0YF5P

Stock exchange: Regulated market of the Frankfurt Stock Exchange (Prime Standard)