Pörssitiedotteet | Sunborn (Gibraltar) Limited

Sunborn (Gibraltar) Limited – Approval of written procedure and amendments to the terms and conditions of its EUR 60 million bonds with ISIN: SE00102966324.12.2024 16:26:13 EET | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited (the "Company") today announces the successful completion of the written procedure that was initiated on 8th November 2024 in relation to the Company's outstanding up to EUR 60,000,000 senior secured floating rate bond loan with ISIN SE0010296632 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds and consenting a non-cash distribution of a guarantor (the "Proposal"). A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour to approve the Proposal. The Notice to the Written Procedure is available on the Company's website (www.sunborn.com/press) and on Stamdata (www.stamdata.com). For further information, please contact: Hans Niemi, CEO Telephone: +358 (0)24454513 Email: hans.niemi@sunborn.com

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Sunborn (Gibraltar) Limited - Initiates a written procedure8.11.2024 15:00:01 EET | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited (the "Company") has instructed the agent for the Company's up to EUR 60,000,000 senior secured bonds with ISIN SE0010296632 (the "Bonds") to initiate a written procedure to request the bondholders to vote in favour of certain amendments of the terms and conditions of the Bonds, thereby, inter alia, extending the term of the Bonds, consenting a to non-cash distribution of a guarantor, as well as the bondholders' approval to waive any breaches of the financial covenants for the remainder of the tenor of the Bonds. Details of the proposed amendments and the requested consent and waiver are set out in the written procedure notice. The agent will send the notice of written procedure to all bondholders on 8 November 2024. The record date for being eligible to vote in the written procedure is 14 November 2024 and the deadline for voting is 3.00 p.m. (CEST) 4 December 2024. The written procedure may, however, be concluded before the expiry of the voting deadline if

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Sunborn (Gibraltar) Limited obtains approval for delisting of the company's bond loan from Nasdaq Stockholm's corporate bond list21.8.2024 10:01:12 EEST | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited (the "Company") announced in a press release on 28 June 2024 that the Company is initiating a written procedure under its outstanding up to EUR 60,000,000 senior secured bond loan with ISIN SE0010296632 (the "Bonds") to, inter alia, obtain the bondholders' approval to delist the Bonds from Nasdaq Stockholm's corporate bond list (the "Written Procedure"). The Company subsequently announced in a press release on 25 July 2024 the successful completion of the Written Procedure. The Company hereby announces that the Bonds will be delisted and that the last day of trading of the Bonds is 22 August 2024. For further information, please contact: Hans Niemi, CEO Telephone: +358 (0)24454513 Email: hans.niemi@sunborn.com

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Sunborn Gibraltar Ltd – Approval of written procedure and amendments to the terms and conditions of its EUR 60 million bonds with ISIN: SE001029663225.7.2024 10:52:44 EEST | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited (the "Company") today announces the successful completion of the written procedure that was initiated on 28 June 2024 in relation to the Company's outstanding up to EUR 60,000,000 senior secured floating rate bond loan with ISIN SE0010296632 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal"). A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour to approve the Proposal. The terms and conditions of the Bonds, amended to reflect the Proposal, will become effective upon the execution of an amendment and restatement agreement and the satisfaction of certain conditions precedent specified therein, which is expected to occur as soon as possible. The Notice of Written Procedure is available on the Company's website (www.sunborn.com/press) and on Stamdata (www.stamdata.com). For further information, please conta

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Sunborn Gibraltar Ltd – pending interest payment completed and Written Procedure issued1.7.2024 16:30:00 EEST | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn Gibraltar Ltd (the "Company") confirms pending interest payments have been remedied to Bondholders relating to company up to EUR 60,000,000 Senior Secured Floating Rate Bonds 2017/2024 (the "Bonds"). The Company has been engaged in discussions with bondholders to seek certain amendments to the terms and conditions and has issued a written procedure in preparation for the refinancing process of the Bonds. For further information, please contact: Hans Niemi, CEO Telephone: +358 (0)24454513 Email: hans.niemi@sunborn.com Information: This information is information that Sunborn (Gibraltar) Limited is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 16:30 CEST on 1 July 2024.

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Sunborn (Gibraltar) Limited - Initiates a written procedure28.6.2024 16:00:01 EEST | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited (the "Company") has instructed the agent for the Company's up to EUR 60,000,000 senior secured bonds with ISIN SE0010296632 (the "Bonds") to initiate a written procedure to request the bondholders to vote in favour of certain amendments of the terms and conditions of the Bonds, thereby, inter alia, extending the term of the Bonds, delisting of the Bonds, an undertaking to ensure that the interest on the Bonds fallen due but not yet paid shall be paid, deletion of the maintenance test, an undertaking for the Company to appoint board observers and bi-weekly meetings with the bondholders as well as the bondholders' approval to waive any breaches of the maintenance test. Details of the proposed amendments and the requested waiver are set out in the written procedure notice. The agent will send the notice of written procedure to all bondholders on 28 June 2024. The record date for being eligible to vote in the written procedure is 4 July 2024 and the deadline for

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Sunborn (Gibraltar) Limited – Company preparing a Written Procedure20.6.2024 16:02:21 EEST | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn Gibraltar Ltd (the "Company") acknowledges the Notice of Event of Default issued by Nordic Trustee & Agency AB, the appointed bondholders' agent, concerning the breaches of financial covenants under Terms and Conditions of the Up to EUR 60,000,000 Senior Secured Floating Rate Bonds 2017/2024 (the "Bonds"). The Company has informed previously about breaching Terms and Conditions in press release, quarterly reports and compliance certificate and has also stated that the defaulted interest payment will be executed imminently while it is continuing strategic overview and discussions with bondholders to agree on certain waivers and process to refinance the Bonds. Consequently, the agent has refrained from taking actions concerning the outstanding Events of Default, while awaiting the payment on the pending interest and outcome of these negotiations. The Company is discussing with bondholders the main principles of a Written Procedure addressing, between other topics, the referred br

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Sunborn (Gibraltar) Limited – Interest payment and strategic overview13.6.2024 16:01:40 EEST | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited (the "Company") has not been able to pay the interest under the Company's up to EUR 60,000,000 senior secured bonds with ISIN SE0010296632 (the "Bonds") that fell due on 5 June 2024 due to its current liquidity position and cashflow. The Company's owners have expressed an intent to support and the Company will, following receipt of proceeds from its owners, pay the interest as soon as possible. The Company has also initiated a strategic overview in respect of its business and assets to identify viable solutions to refinance the Bonds, and will also initiate discussions with its bondholders to discuss a waiver in respect of the default that has occurred as a consequence of the non-payment of the interest that fell due on 5 June 2024 and breaches under the financial covenants in the terms and conditions for the Bonds. There can be no assurance regarding the results or outcome of the strategic overview. Subject to compliance with ongoing disclosure obligations

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SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JANUARY – MARCH 202431.5.2024 19:05:08 EEST | Sunborn (Gibraltar) Limited | Interim report (Q1 and Q3)

STOCK EXCHANGE RELEASE This is a summary of the Q1 2024 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ Key figures GBP thousand 1 Jan - 31 Mar 2024 1 Jan - 31 Mar 2023 1 Jan - 31 Dec 2023 Rental income 1,050 1,050 4,750 EBITDA 1,003 1,010 4,490 Investment property (yacht hotel) 76,983 78,348 77,343 Total equity 5,130 5,773 5,119 Bond 49,863 50,807 50,449 Issuer Sunborn Gibraltar Ltd Financial summary 1 January – 31 March 2024 The Issuer Sunborn Gibraltar Ltd lease income in Q1 2024 from the Operator was 1.050 MGBP (Q1 2023: 1.050 MGBP). Lease continues at higher level to historical levels to support increased borrowing costs. Operational costs were in line with expectations, but interest expenses have increased significantly. The parent company has contributed an equity cure in form of capital loan to support liquidity. The fair value of the Yacht hotel is at 108.6 MEUR based on the latest valuation report. Oper

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SUNBORN GIBRALTAR LTD: Financial Statements 202330.4.2024 22:53:53 EEST | Sunborn (Gibraltar) Limited | Annual Financial Report

Sunborn Gibraltar Ltd: Financial Statements 2023 Sunborn Gibraltar Ltd’s Financial Statements for 2023 are attached to this release and have been published on the company’s website at www.sunborn.com/press/. The Financial Statements include the Financial Statements and the Report of the Board of Directors for the period 1 January – 31 December 2023. Sunborn Gibraltar Ltd Board of Directors For additional information, please contact: Sunborn Group Executive Director Hans Niemi, hans.niemi@sunborn.com Sunborn Group CFO Niina Stade, niina.stade@sunborn.com DISTRIBUTION: Nasdaq Finansinspektionen www.sunborn.com/press/ Disclosure regulation The information contained in this release shall not constitute an offer to sell or the solicitation of an offer to buy securities of Sunborn Gibraltar Plc in any jurisdiction.

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Sunborn (Gibraltar) Limited – Approval of written procedure and amendments to the terms and conditions of its EUR 60 million bonds with ISIN: SE001029663218.3.2024 17:00:00 EET | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited (the "Company") today announces the successful completion of the written procedure that was initiated on 21 February 2024 in relation to the Company's outstanding up to EUR 60,000,000 senior secured floating rate bond loan with ISIN SE0010296632 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal"). A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour to approve the Proposal. The terms and conditions of the Bonds, amended to reflect the Proposal, will be effective as per 18 March 2024. The notice to the written procedure is available on the Company's website (www.sunborn.com/press) and on Stamdata (www.stamdata.com). For further information, please contact: Hans Niemi, CEO Telephone: +358 (0)24454513 Email: hans.niemi@sunborn.com Information: This information is information that Sunborn (Gibraltar) Limited

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SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR OCTOBER – DECEMBER 202329.2.2024 17:12:16 EET | Sunborn (Gibraltar) Limited | Quarterly report

This is a summary of the Q4 2023 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ GBP thousand Q4 2023 Q4 2022 2023 2022 Rental income 1 230 795 4 750 3 180 EBITDA 1 177 756 4 489 3 034 Investment property (Yacht hotel) 77 343 78 707 Total equity 5 118 5 742 Bond 50 449 51 170 Issuer Sunborn Gibraltar Ltd Financial summary 1 October – 31 December 2023 The Issuer Sunborn Gibraltar Ltd lease income in Q4 2023 from the Operator was 1.230 MGBP (Q4 2022: 0.795 MGBP). Lease increased to support increase in borrowing costs. Operational costs were in line with expectations, but interest expenses have increased significantly. The fair value of the Yacht hotel is at 108.6 MEUR based on the latest valuation report dated May 2023. Operator Financial summary 1 October – 31 December 2023 For the period, Total Revenue came in at 2,36 MGBP (-9 % YoY 2022). Rooms revenue fell short 10 % YoY due to decrease in Occupancy of 12 %, wh

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Sunborn (Gibraltar) Limited – written procedure28.2.2024 10:30:00 EET | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

As set out in the press release issued by Sunborn (Gibraltar) Limited ("Sunborn") on 21 February 2024, Sunborn has instructed the agent for its senior secured bonds with ISIN SE0010296632 (the "Bonds") to initiate a written procedure to request the bondholders to vote in favour of Sunborn's proposal to extend the bonds. A notice of written procedure was issued by the agent on 21 February 2024 (the "Written Procedure") and the voting deadline is set at 5.00 p.m. (CET) 18 March 2024. In addition to the requests set out in the Written Procedure, Sunborn has agreed to include a restriction on payment of dividends and other distributions or transfers of value by and from Sunborn International Holding Oy in addition to the amendments set out in Clause 2 of the Written Proceedure provided that the requests pursuant to the Written Procedure are approved by a requisite majority of holders of the Bonds. Sunborn has also entered into an extension agreement regarding the Bonds to 27 March 2024 to

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Sunborn (Gibraltar) Limited – Initiates a written procedure21.2.2024 15:30:01 EET | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited (the "Company") has instructed the agent for the Company's up to EUR 60,000,000 senior secured bonds with ISIN SE0010296632 (the "Bonds") to initiate a written procedure to request the bondholders to vote in favour of certain amendments of the terms and conditions of the Bonds, thereby, inter alia, extending the term of the Bonds, introducing certain step-ups to the premium payable in connection with the redemption of the Bonds as well as to the rate of default interest, certain restrictions on distributions, introducing a covenant to provide cash and including an undertaking for the Company to appoint board observers. Details of the proposed amendments are set out in the written procedure notice attached hereto. The agent will send the notice of written procedure to all bondholders on 21 February 2024. The record date for being eligible to vote in the written procedure is 28 February 2024 and the deadline for voting is 5.00 p.m. (CET) 18 March 2024. The wri

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SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JULY – SEPTEMBER 202321.11.2023 16:14:46 EET | Sunborn (Gibraltar) Limited | Interim report (Q1 and Q3)

SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JULY – SEPTEMBER 2023 STOCK EXCHANGE RELEASE This is a summary of the Q3 2023 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ GBP thousand Q3 2023 Q3 2022 YTD 2023 YTD 2022 FY 2022 Rental income 1 320 795 3 520 2 385 3 180 EBITDA 1 237 744 3 312 2 278 3 034 Investment property (Yacht hotel) 77 628 78 257 78 707 Total equity 5 635 1 881 5 742 Bond 50 304 51 033 51 170 Issuer Sunborn Gibraltar Ltd Financial summary 1 July - 30 September 2023 The Issuer Sunborn Gibraltar Ltd lease income in Q3 2023 from the Operator increased to £1,320M to support higher financing costs. Operational costs were in line with previous year, but interest expenses have increased significantly. The fair value of the Yacht hotel is at €108.6 Million based on the latest valuation report dated May 2023. Operator Financial summary 1 July - 30 September 2023 The operator Q3 revenue was level with last

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SUNBORN GIBRALTAR LTD INTERIM REPORT FOR APRIL – JUNE 202322.8.2023 15:31:25 EEST | Sunborn (Gibraltar) Limited | Half Year financial report

SUNBORN GIBRALTAR LTD INTERIM REPORT FOR APRIL – JUNE 2023 STOCK EXCHANGE RELEASE This is a summary of the Q2 2023 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ GBP thousand Q2 2023 Q2 2022 H1 2023 H1 2022 FY 2022 Rental income 1 150 795 2 200 1 590 3 180 EBITDA 1 064 785 2 075 1 535 3 034 Investment property (Yacht hotel) 77 989 78 896 78 707 Total equity 6 461 3 727 5 742 Bond 49 754 50 049 51 170 Issuer Sunborn Gibraltar Ltd Financial summary 1 April-30 June 2023 The Issuer Sunborn Gibraltar Ltd lease income in Q2 2023 from the Operator was as per budget £1,050M and costs were also in line with expectations. The fair value of the Yacht hotel is at €108.6 Million based on the latest valuation report dated June 2023. Operator Financial summary 1 April – 30 June 2023 Operator total Revenue for the period came in at £M 3,09 (-10 % YoY 2022). Rooms revenue and demand fell short of expectations therefore with a de

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SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JANUARY – MARCH 202330.5.2023 15:54:35 EEST | Sunborn (Gibraltar) Limited | Interim report (Q1 and Q3)

SUNBORN GIBRALTAR LTD INTERIM REPORT FOR JANUARY – MARCH 2023 STOCK EXCHANGE RELEASE This is a summary of the Q1 2023 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ GBP thousand 1 Jan - 31 Mar 2023 1 Jan - 31 Mar 2022 1 Jan - 31 Dec 2022 Rental income 1,050 795 3,180 EBITDA 1,010 750 3,034 Investment property (yacht hotel) 78,707 Total equity 5,742 Bond 51,170 Sunborn Gibraltar Ltd Financial summary 1 January – 31 March The Issuer Sunborn Gibraltar Ltd lease income in Q1 2023 from the Operator was as per budget £1,050M and costs were also in line with expectations. Operator Financial summary 1 January – 31 March Overall Q1 compares similarly to those in pre-pandemic years. Total Revenue came in at £M 1,671 (+8 % YoY 2022). Rooms revenue contributed to this with an increase in Occupancy +5 % YoY. EBITDA came in at £M 0,038 (-74 % YoY 2022). The negative results are the outcome of one restaurant being closed with

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SUNBORN GIBRALTAR LTD: Financial Statements 202228.4.2023 17:33:02 EEST | Sunborn (Gibraltar) Limited | Annual Financial Report

Sunborn Gibraltar Ltd: Financial Statements 2022 Sunborn Gibraltar Ltd’s Financial Statements for 2022 are attached to this release and have been published on the company’s website at www.sunborn.com/press/. The Financial Statements include the Financial Statements and the Report of the Board of Directors for the period 1 January – 31 December 2022. Sunborn Gibraltar Ltd Board of Directors For additional information, please contact: Sunborn Group Executive Director Hans Niemi, hans.niemi@sunborn.com Sunborn Group CFO Niina Stade, niina.stade@sunborn.com DISTRIBUTION: Nasdaq Finansinspektionen www.sunborn.com/press/ Disclosure regulation The information contained in this release shall not constitute an offer to sell or the solicitation of an offer to buy securities of Sunborn Gibraltar Plc in any jurisdiction.

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SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR OCTOBER – DECEMBER 202228.2.2023 18:05:00 EET | Sunborn (Gibraltar) Limited | Quarterly report

SUNBORN GIBRALTAR LTD INTERIM REPORT FOR OCTOBER – DECEMBER 2022 STOCK EXCHANGE RELEASE This is a summary of the Q4 2022 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ Key Figures (IFRS) - Sunborn Gibraltar Ltd GBP thousand 1 Oct - 31 Dec 2022 1 Oct - 31 Dec 2021 1 Jan - 31 Dec 2022 1 Jan - 31 Dec 2021 Rental income 795 795 3 180 3 180 EBITDA 756 721 3 034 2 929 Investment property (Yacht hotel) 77 649 80 142 Total equity 746 6 255 Bond 51 108 48 694 Issuer Sunborn Gibraltar Ltd Financial summary 1 October-31 December The Issuer Sunborn Gibraltar Ltd lease income in Q4 2022 from the Operator was as per budget £795 K (£795K in Q4 2021) and costs were also in line with expectations. Operator Sunborn Gibraltar Resort Ltd Financial summary 1 October-31 December Overall Q4 compares similarly to those in pre-pandemic years although October stood out notably with the highest Occupancy level and Total Revenue for a sing

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SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JULY – SEPTEMBER 202229.11.2022 15:20:16 EET | Sunborn (Gibraltar) Limited | Interim report (Q1 and Q3)

SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JULY – SEPTEMBER 2022 STOCK EXCHANGE RELEASE This is a summary of the Q3 2022 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ Key Figures (IFRS) - Issuer Sunborn Gibraltar Ltd GBP thousand 1 Jul- 30 Sep 2022 1 Jul- 30 Sep 2021 1 Jan- 30 Sep 2022 1 Jan- 30 Sep 2021 1 Jan-31 Dec 2021 Rental income 795 795 2,385 2,385 3,180 EBITDA 744 724 2,278 2,208 2,929 Investment property (yacht hotel) 78,272 80,766 80,142 Total Equity 1,881 5,828 6,255 Bond 51,033 49,815 48,694 Sunborn Gibraltar Ltd Financial summary 1 July – 30 September 2022 The Issuer Sunborn Gibraltar Ltd lease income in Q3 2022 from the Operator was as per budget £ 795 K (£ 795 K in Q3 2021) and costs were also in line with expectations. Operator performance over the period of Q3 2022 was a mixed level of business due to two summer months and September shaping up into record-breaking level of profitability and high

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