Mapfre Middlesea Plc — AGM Information 2020

Oct 5, 2020

MMS/DSD/MSE01220

5 October 2020

The following is a Company Announcement issued by MAPFRE Middlesea p.l.c. ('the Company'), pursuant to the Listing Rules of the Listing Authority.

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MAPFRE Middlesea p.l.c., will be convening its 39th Annual General Meeting on Tuesday, 27 October 2020 at 09:30 hrs. The Meeting will be held remotely with live streaming through our web site www.middlesea.com.

For more information as to the procedures to be adopted during the AGM shareholders are kindly requested to refer to the document entitled "Important Notice" included in the documentation pack sent to all shareholders entered on the share register of the Company, as maintained by the Malta Stock Exchange, as at the close of business on 25th September 2020. The documentation pack also contains the Proxy Form, the Annual Report, the Circular (referred to below) and the MAPFRE Group Compensation Policy.

The following resolutions are being submitted for the consideration of shareholders:-

Ordinary Resolutions

• 1. To consider and approve the Financial Statements for the year ended 31 December 2019 and the reports of the Directors and Auditors thereon;
• 1. To approve the Directors' recommendation that no dividend will be paid in line with the MFSA Circular dated 23 July 2020;
• 1. To appoint KPMG as Auditors of the Company and to authorise the Directors to determine their remuneration;
• 1. To approve the Compensation (Remuneration) Policy, as distributed, and the maximum annual aggregate emoluments of Directors at €350,000 in line with the previous year;
• 1. To elect Directors in accordance with Article 97(5) of the Company's Articles of Association (Please note: The number of nominations for directors received by the Company matches the number of vacancies and consequently the nominees, namely Antoinette Caruana and Paul Testaferrata Moroni Viani, will be automatically elected as directors with no requirement for an election.);

Extraordinary Resolutions

1. To amend specific articles of the Memorandum & Articles of the Company as already communicated by Circular;

The Annual General Meeting documentation together with the Audited Financial Statements for the year ended 31 December 2019, remain available for viewing at the registered office of the Company at Middle Sea House, Floriana, Malta and on the Company's website at https://www.middlesea.com/insurance-mt/about-us/investors/

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By Order of the Board

Dr Daphne Sims Dodebier Company Secretary