Celtic Resource Holdings DAC announces that the Amendments for its outstanding U.S.$400,000,000 4.125 per cent. guaranteed notes due 2024 have become effective

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT OR THE CONSENT SOLICITATION MEMORANDUM.

18 December 2023

On 25 August 2023, Celtic Resource Holdings DAC (the “Issuer”) announced a consent solicitation in relation to the outstanding U.S.$400,000,000 4.125 per cent. guaranteed notes due 2024 issued by the Issuer (Regulation S Notes: Common Code 206079223 / ISIN XS2060792236; Rule 144A Notes: Common Code 205788450 / ISIN US15119CAA71 / CUSIP 15119CAA7) (the “Notes”) on the terms and subject to the conditions set forth in the Consent Solicitation Memorandum dated 25 August 2023 (the “Consent Solicitation Memorandum”). On 3 November 2023 the meeting of Noteholders was held and an Extraordinary Resolution was passed, which, inter alia, approved the Amendments. Capitalized terms used, but not defined herein, shall have the meanings given to them in the Consent Solicitation Memorandum.

The Issuer notifies that on 18 December 2023 the Issuer and the New Trustee entered into the Supplemental Trust Deed and the Guarantors and the New Trustee entered into the Termination Deeds to effectuate the Amendments. Accordingly, the Amendments have become effective and binding on all Noteholders with effect from that date.

Questions and requests for assistance in connection with the Consent Solicitation should be directed to the Information and Tabulation Agent:

i2 Capital Markets Ltd.

128 City Road
London, EC1V 2NX, United Kingdom
Email: celticresources@i2capmark.com
Phone: +44 203 633 1212
Consent Solicitation Website: https://i2capmark.com/event-details/90/Holder/celtic-resources-holdings-dac

Questions and requests for assistance other than related to the Consent Solicitation may be directed to the New Trustee:

Limited liability company “Legal Capital Investor Services”
10 Krivokolenny lane, bldg. 6
101000, Moscow, Russia
Email: trustee@lcpis.ru
Phone: +7 495 122 05 17
Website: www.lcpis.ru

Contacts

Corporate Communications
Procurement Department