TIME FINANCE PLC

Capital/Financing Update • Feb 27, 2024

The following is a Company Announcement issued by G3 FINANCE P.L.C., a company registered under the laws of Malta with company registration number C 94829 (hereinafter the "Company"), pursuant to the Capital Markets Rules 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 amended from time to time.

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Change of Security Trustee

Pursuant to a Deed of Retirement and Appointment of Trustees, GVZH Trustees Limited (C 23095), as Security Trustee of the G3 Security Trust, resigned its role in mutual agreement with the Company with effect from 26th February 2024, and Onyx Trustees Limited (C 105362) [hereinafter 'OTL'] was appointed in its stead also with effect from the said date.

Pursuant to the aforementioned change in security trustee, all collateral rights previously registered in the name and in favour of GVZH Trustees Limited, as Security Trustee for the benefit of bondholders, have been duly transferred and constituted in favour of the new custodian, OTL, for the benefit of bondholders with effect from 26th February 2024.

In virtue of a deed in the records of Notary Sam Abela entered into on the 26th February 2024, OTL was subrogated in all hypothecary rights of the former security trustee, as security for the payment and performance of the Company's obligations in accordance with and subject to the terms and conditions set forth in the Prospectus dated 25th March 2022; specifically, all rights resulting from the first ranking special hypothec over the Security Property (as defined in the Prospectus) vest in favour of OTL in its capacity as trustee of the G3 Security Trust with effect from the 26th February 2024, for the benefit of bondholders, pursuant to and in satisfaction of the relative terms, conditions and undertakings set out in the Security Trust Deed and the Deed of Hypothec (each as defined in the Prospectus).

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By order of the Board

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Dr Luca Vella Company Secretary

27th February 2024 Company Announcement: G321

G3 Finance p.l.c. W: www.g3.com.mt T: (+356) 2152 3912 Adenau Street, Mellieha MLH 2014, Malta

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The Pergola, E: info@g3.com.mt Company Registration No.: C 94829