Pörssitiedotteet | Sunborn (Gibraltar) Limited

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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SUNBORN GIBRALTAR LTD INTERIM REPORT FOR APRIL – JUNE 202222.8.2022 18:34:04 EEST | Sunborn (Gibraltar) Limited | Half Year financial report

SUNBORN GIBRALTAR LTD INTERIM REPORT FOR APRIL – JUNE 2022 STOCK EXCHANGE RELEASE This is a summary of the Q2 2022 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ Issuer Sunborn Gibraltar Ltd Financial summary 1 April -30 June The Issuer Sunborn Gibraltar Ltd lease income in Q2 2022 from the Operator was as per budget £795 K (£795K in Q2 2021) and costs were also in line with expectations. Great performance for operator over Q2 period boosted by return of corporate travel, solid MICE and increase in inbound flight capacity to Gibraltar. Revenue under Sunborn (Gibraltar) Resort Ltd increased by 70% YoY to £3,4M (£2.02M) and EBITDAR came in at £1,43M (+36% YoY 2021 and +33% over 2019). The fair value of the Yacht hotel is at €111.7 Million based on the latest valuation report dated June 2022. Business environment Leisure travel from the UK continues to rebound in 2022 and the hotel experienced +156% increase over 2

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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: SE001029663225.7.2022 19:30:49 EEST | Sunborn (Gibraltar) Limited | Other information disclosed according to the rules of the Exchange

Sunborn (Gibraltar) Limited – Approval of written procedure and amendments to the terms and conditions of its EUR 60 million bonds with ISIN: SE0010296632 Sunborn (Gibraltar) Limited (the "Company") today announces the successful completion of the written procedure that was initiated 29 June 2022 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 Company will pay the historical amendment fee to the eligible bondholders amounting to 500 per bond (being 0.50 per cent. of the nominal amount per bond) (the "Historical Amendment Fee"). The Historical Amendment Fee will be payable to all persons who are registered as a direct registe

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SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JANUARY – MARCH 202223.5.2022 15:55:06 EEST | Sunborn (Gibraltar) Limited | Interim report (Q1 and Q3)

SUNBORN GIBRALTAR LTD INTERIM REPORT FOR JANUARY – MARCH 2022 STOCK EXCHANGE RELEASE This is a summary of the Q1 2022 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ Sunborn Gibraltar Ltd Financial summary 1 January – 31 March The Issuer Sunborn Gibraltar Ltd lease income in Q1 2022 from the Operator was as per budget £795 K (£795K in Q1 2021) and costs were also in line with expectations. The fair value of the Yacht hotel is at €107.6 Million based on the latest valuation report dated June 2021. Business environment The Omicron variant related UK travel restrictions announced end of November continued until February 11th this period, negatively impacting Q1 revenue. However, the month of March business rose rapidly and carried the period to a positive result. Management is confident its Operator performance will exceed expectations for Q2 and forecasted overall year revenue and performance. Corporate business tr

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SUNBORN GIBRALTAR LTD: Financial Statements 202129.4.2022 16:28:53 EEST | Sunborn (Gibraltar) Limited | Annual Financial Report

Sunborn Gibraltar Ltd: Financial Statements 2021 Sunborn Gibraltar Ltd’s Financial Statements for 2021 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 2021. 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 202128.2.2022 09:44:18 EET | Sunborn (Gibraltar) Limited | Quarterly report

SUNBORN GIBRALTAR LTD INTERIM REPORT FOR OCTOBER – DECEMBER 2021 STOCK EXCHANGE RELEASE This is a summary of the Q4 2021 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 Sunborn Gibraltar Ltd Financial summary 1 October – 31 December 2021 The Issuer Sunborn Gibraltar Ltd receives lease income from the Operator. Lease income in Q4 2021 was £795 K (£795K in Q4 2020). Costs were in line with previous year. The fair value of the Yacht hotel is at €107.6 Million based on the latest valuation report dated June 2021. Business environment Leisure travel from UK rebounded since H1 and Gibraltar hotel sector experienced record levels of occupancy in Q3 and Q4 with overall improved business environment. The Omicron variant related UK travel restrictions announced end of November continued until February 11th, 2022 impacting end of year and expected Q1 revenue. However, monthl

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SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JULY – SEPTEMBER 202124.11.2021 16:29:59 EET | Sunborn (Gibraltar) Limited | Interim report (Q1 and Q3)

SUNBORN GIBRALTAR LTD: INTERIM REPORT FOR JULY – SEPTEMBER 2021 STOCK EXCHANGE RELEASE This is a summary of the Q3 2021 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 2021 1 Jul- 30 Sep 2020 1 Jan- 30 Sep 2021 1 Jan- 30 Sep 2020 1 Jan-31 Dec 2020 Rental income 795 681 2,385 1,609 2,404 EBITDA 724 615 2,209 1,430 2,180 Investment property (yacht hotel) 80,766 83,237 82,623 Total Equity 5,828 818 5,781 Bond 49,815 52,351 51,727 Sunborn Gibraltar Ltd Financial summary 1 July – 30 September 2021 The Issuer Sunborn Gibraltar Ltd receives lease income from the Operator. Lease income in Q3 2021 was as budgeted at £795 K (£681K in Q3 2020). Costs were in line with previous year. Outstanding performance in Gibraltar in Q3 with total Operator revenue for the quarter ending at +201% YoY 2020 and EBITDA at +558% YoY 2020. Compared to results in 201

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SUNBORN GIBRALTAR LTD INTERIM REPORT FOR APRIL – JUNE 202120.8.2021 18:20:01 EEST | Sunborn (Gibraltar) Limited | Half Year financial report

SUNBORN GIBRALTAR LTD INTERIM REPORT FOR APRIL – JUNE 2021 STOCK EXCHANGE RELEASE This is a summary of the Q2 2021 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 Sunborn Gibraltar Ltd Financial summary 1 April – 30 June 2021 The Issuer Sunborn Gibraltar Ltd receives lease income from the Operator. Lease income in Q2 2021 was £795 K (£134K in Q2 2020). Costs were in line with previous year. The depreciated value of the Yacht hotel is at €107.6 Million based on the latest valuation report dated June 2021. Operations slow start for Q2 under pandemic travel restrictions ended with record breaking sales and the trend continued throughout the summer. June outperformed any previous month on record with near 90 % occupancy. Second half of 2021 looks promising. The Operator Q2 EBITDA performance covenant was met and in excess. Business environment Gibraltar continues to b

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SUNBORN GIBRALTAR LTD INTERIM REPORT FOR JANUARY – MARCH 202128.5.2021 16:21:00 EEST | Sunborn (Gibraltar) Limited | Interim report (Q1 and Q3)

STOCK EXCHANGE RELEASE This is a summary of the Q1 2021 interim financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/

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SUNBORN GIBRALTAR LTD: Financial Statements 202030.4.2021 19:42:51 EEST | Sunborn (Gibraltar) Limited | Annual Financial Report

Sunborn Gibraltar Ltd: Financial Statements 2020 Sunborn Gibraltar Ltd’s Financial Statements for 2020 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 2020. 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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