Announcement on the purchase and cancellation of the outstanding U.S.$300,000,000 9.00% Loan Participation Notes due 2025 issued by Bonitron Designated Activity Company

14 September 2022

This announcement is made by Bonitron Designated Activity Company (the «Offeror») in relation to the buyback programme commenced on June 14, 2022 by Eurotorg LLC («Eurotorg»), the Borrower under the U.S.$300,000,000 9.00 per cent. Loan Participation Notes due 2025 issued by Bonitron (the «Notes»), at the maximum amount of U.S.$ 60,000,000 (as extended on July 13, 2022), and ending on December 14, 2022 (the «Buyback Programme»).

Since June 14, 2022 the U.S.$ 56,265,000.00 in aggregate principal amount of the Notes was repurchased by Eurotorg and/or on behalf of Eurotorg in accordance with the Buyback Programme, whereof the U.S.$ 56,065,000.00 in aggregate principal amount of the Notes was cancelled.

As at the date of this announcement, following open market repurchases by Eurotorg, including under the Buyback Programme, as well as repurchases of U.S.$ 43,890,000 in aggregate principal amount of the Notes in accordance with results of the Tender Offer launched by Bonitron on July 28, 2022 (as amended by Bonitron on August 10, 2022) U.S.$ 150,695,000 in the aggregate principal amount of the Notes remains outstanding, of which U.S.$ 53,244,000 is held by Eurotorg while the other bondholders possess U.S.$ 97,451,000.

This announcement may contain inside information as defined in Article 7 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the «Market Abuse Regulation») and is disclosed in accordance with the Bonitron's obligations under Article 17 of the Market Abuse Regulation.

For further details, please contact:

Chief Investment Officer, Eurotorg LLC

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