Notice on EGM 14 June 2024

NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of the Company’s Shareholders will be held at the registered office of the Company, located at Spyrou Araouzou 67, Ulysses House, 2nd floor, office 202, 3036, Limassol, Cyprus and via electronic means on the 14th of June 2024 at 11 a.m.

The Meeting will be held to consider and, if thought fit, to pass the appropriate resolution in respect of the following:

AGENDA
To examine and, if considered appropriate, adopt the following resolutions:
Matter 1
A. Approval of granting of an interest-bearing loan based on the proposal made by the director of Spanish company “DEI HOMES S.L.”, dated 10 of May, 2024, and the conclusion of the loan agreement (the “Loan Agreement”) under the below terms:
1.The Lender:
METTMANN PUBLIC COMPANY LIMITED;
2.The Borrower:
“DEI HOMES, S.L.” with NIF No. B93603124;
3.Principal amount of loan:
39,000,000.00 EUR (thirty-nine million Euro only);
4.Interest rate:
6% (six per cent) per annum;
5.Purpose:
Financing the construction and development of a luxury residential complex on the plots of land located in Spain owned by the Borrower;
6.Collateral:
Right of first priority collateral security over the 70 % of plots of land owned by the Borrower and 70% of belongings of all kinds that are added to the plots of land, the works, constructions and buildings that are located or that are established in the future on the plots of land;
7.Date of Loan Issuing:
Upon request of the Borrower;
8.Repayment Date:
On or before July 31, 2026 (inclusive);
9.Applicable law:
Law of the Kingdom of Spain.
B. Ratification of Letters of Guarantee dated 15th of May, 2024 obtained by the Directors of the Company to ensure availability of adequate amount of funds for the particular project.
C. Authorization for the Directors of the Company to:
- arrange the conclusion of the Loan agreement;
- execute the Loan Agreement in accordance with the terms, conditions and timeframes that will be stated in the Loan Agreement; and
- proceed with the transfer of the principal amount of loan upon receipt of written drawdown request in accordance with the terms of the Loan Agreement.
All materials and documents pertaining to the Loan Agreement and information for this Extraordinary General Meeting of the Shareholders will be distributed to the Shareholders in advance.

By order of the Board of Directors

PS You may participate by Proxy or by electronic means if you wish so.
In such case please inform us 2 weeks prior the scheduled meeting.