Notice of exercise of clean-up call option

MAS P.L.C.
Registered in Malta
Registration number C 99355
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
("MAS" or "the Company" or "the Group")


                                  NOTICE OF EXERCISE OF CLEAN-UP CALL OPTION


NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS
TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN
SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES AND
THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS
UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT


MAS SECURITIES B.V.
(incorporated in The Netherlands with limited liability)

MAS Securities B.V. (the "Issuer"), a wholly owned subsidiary of the Company and Issuer of the EUR300,000,000 4.25 per
cent. Guaranteed Notes due 2026 (ISIN: XS2339025277) (the "Notes") announced its bondholders that it has elected to
redeem all the Notes on 10 November 2025 (the "Redemption Date") at their principal amount together with interest
accrued to (but excluding) the Redemption Date.

The full notice of the Issuer is available on Euronext Dublin website at the following link:
https://direct.euronext.com/api/PublicAnnouncements/RISDocument/ANN147860.pdf?id=a0186445-10c6-4c90-a795-
e1f5b3ca5698.

If any Holder is in any doubt as to the action it should take, it is recommended to seek its own financial and legal
advice, including in respect of any tax consequences, from its broker, bank manager, solicitor, accountant or other
independent financial, tax or legal adviser.
The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose
possession this announcement and/or the documents related to the Notes are required to inform themselves about,
and to observe, any such restrictions.


10 October 2025


For further information please contact:
Irina Grigore, MAS P.L.C.               +356 27 66 36 91
PSG Capital, JSE Sponsor                +27 010 978 2434

Date: 10-10-2025 03:45:00
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