INVESTORS INFORMATION

The Bonds were issued to the public in accordance with the requirements of the Companies Act, the Capital Markets Rules issued by the MFSA and the Prospectus Regulation. The Bonds are jointly and severally guaranteed by Time International (Sport) Limited (a private limited liability company registered under the laws of Malta and having its registered office at Hudson House, Burmarrad Road, St Paul’s Bay SPB 9060, Malta) and Hudson International Company Limited (a private limited liability company registered under the laws of Malta and having its registered office at Hudson House, Burmarrad Road, St Paul’s Bay SPB 9060, Malta). The Bonds were admitted to the Official List of the Malta Stock Exchange on 2nd May 2018 and trading commenced on 3rd May 2018.

These two entities were merged to form Hudson Malta Sales Ltd. In terms of the guarantee, details of which are set out in the Prospectus dated 23 March 2018, the Guarantor irrevocably and unconditionally guaranteed to each Bondholder that if for any reason the Issuer fails to pay any sum payable by it to such Bondholder pursuant to the terms and conditions of the Bonds as and when the same shall become due, the Guarantor will pay to such Bondholder on written demand the amount payable by the Issuer to such Bondholder in terms of the Prospectus.

The value of the investments may increase as well as decrease and past performance is no indication of future performance. Prospective investors are urged to read the Prospectus dated 23 March 2018 especially the Risk Factors contained in Section 2 of each of the Registration Document and Securities Note forming part of the Prospectus