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The Company announces that it held its 26th Annual General Meeting on the 25 of June 2026 at Trident Park, Notabile Gardens, Mdina Road, Zone 2, Central Business District, Birkirkara. 

The following resolutions were considered and approved by the shareholders: 

Ordinary Business – Ordinary Resolutions

  1. Financial Statements and Directors’ and Auditors’ Report
    To approve the Annual Report of the Company comprising the financial statements for the year ended 31 January 2026 and the reports of the Directors and the Auditors thereon. 
  2. Re-Appointment of Auditors
    To re-appoint PricewaterhouseCoopers of 78, Mill Street, Zone 5, Central Business District, Qormi, CBD 5090, Malta as auditors of the Company and to authorise the Board of Directors to establish their remuneration. 
  3. Dividend
    To approve a final net dividend of €0.017857 per ordinary share of €1.00, representing a total final net dividend of €750,000 to be paid to the Shareholders of the Company registered on its Register of Members as at close of trading on 3 June 2026. 

    (The approved dividend will be paid to shareholders on 26 June 2026). 

Special Business – Advisory vote

  1. Amendments to the Memorandum and Articles of Association 
    To approve that the Memorandum and Articles of Association of the Company be replaced in toto by the Memorandum and Articles of Association amended as described in the Circular to Shareholders dated 2 June 2026 and in line with the appointment of Directors (the ‘Amended M&A’) and that the Company Secretary be authorized to execute and submit the Amened M&A to the Malta Business Registry for registration. 
  2. Remuneration Report
    To approve the Remuneration Report of the Company for the year ended 31 January 2026. 

Appointment of Directors

In view that only two nominations were received in respect of the two posts which were vacated at the conclusion of the 26th Annual General Meeting, there was no need for an election to be held, and Dr Richard Camilleri and Mr Charles Borg were automatically elected as Directors of the Company with effect from the conclusion of the 26th Annual General Meeting. 

In accordance with Capital Market Rule 5.20, the following details are hereby being disclosed to the public in relation to the newly appointed Director Dr Richard Camilleri: 

Name: Richard Camilleri 
Address: Caravaggio Crt, T5F 2, Il-Ponta ta’ Tigne’ Tas-Sliema 
Principal activities performed outside the Company: N/A 
Directorships held in previous 5 years in other Issuers: N/A 

Furthermore, there are no other matters that require disclosure in terms of the Capital Markets Rules 5.20.5 to 5.20.9. 

Changes in the composition of the Audit Committee 

The Company announces the resignation of Mr Roderick Chalmers as Chairperson of the Audit Committee and the appointment of Mr Neil Psaila in his stead as Chairperson. 

The Company further announces the resignation of Mr Alberto Miceli Farrugia as a member of the Audit Committee and the appointment of Mr Andrea Stagno d’Alcontres in his stead. 

Following these changes, the Audit Committee is composed of Mr Neil Psaila (Chairperson), Mr Charles Borg, and Mr Andrea Stagno d’Alcontres. 

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By Order of the Board

Nadine Magro
Company Secretary

25th June 2026