Marel — Capital/Financing Update 2014

Dec 30, 2014

Marel extends and increases financing facilities.

Marel extends and increases financing facilities.

Marel has secured an amendment and extension of its current long term financing
which includes an addition of a Junior facility of EUR 50 million. The changes
increase strategic and operational flexibility.

The financing is provided by a consortium of five international banks: ABN
AMRO, ING Bank, Landsbankinn, Bayern LB and Rabobank. The parties will
finalize the documentation in the upcoming weeks.

• The facility of EUR 350 million was originally entered into in November 2010;
the outstanding loan amounts to EUR 300 million at the beginning of 2015.
• The Senior facility is now extended with final maturity in November 2018.
• The Junior facility adds EUR 50 million maturing in February 2019.
• Current interest terms are EURIBOR/LIBOR + 250 bps for the Senior facility
and +500 bps for the Junior facility, changing in line with financial leverage.

Linda Jonsdottir CFO of Marel:

“Marel is grateful for the trust from our banking partners. The increased and
extended financing gives Marel strategic and operational flexibility to support
further growth and value creation.“