Mapfre Middlesea Plc

Board/Management Information • May 12, 2020

MMS/DSD/MSE00620

12th May 2020

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

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MAPFRE Middlesea p.l.c ('the Company') announces that Ms Monica Garay, who held the position of acting Chief Officer Internal Audit further to the resignation of Mr James Vella (as previously communicated through a Company Announcement dated 24th September 2019) will be stepping down from her role. This in view of the appointment of Ms Sharon Cilia Tortell as the new Chief Officer Internal Audit for the Company further to the conclusion of a selection process.

Ms Cilia Tortell is a Certified Public Accountant with a Masters degree in Business Administration. She has extensive working experience having held senior posts in Audit, Compliance and Risk within both highly regarded private organisations and regulatory authorities. She is also the President of the Malta Association of Risk Management as well as a Council Member and Treasurer of the Malta Association of Compliance Officers.

Ms Cilia Tortell will be reporting into the Company's Audit Committee and her appointment will be effective as of 18th May 2020, subject to regulatory approval. Ms Garay's temporary role shall cease as of the same date.

There is no other matter concerning Ms Garay or Ms Cilia Tortell that requires disclosure in terms of the Listing Rules.

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By Order of the Board

Dr Daphne Sims Dodebier Company Secretary

Floriana Regional Office T: (+356) 2569 4300 E: fro@middlesea.com

Luqa Regional Office T: (+356) 2569 4700 E: Iro@middlesea.com Birkirkara Regional Office T: (+356) 2569 4800 E: bro@middlesea.com