COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by International Hotel Investments p.l.c. pursuant to the Capital Markets Rules as issued by the Malta Financial Services Authority.

Issue of International Hotel Investments p.l.c. Unsecured Bonds 2033

Reference is made to company announcement IHI354 where the Board of Directors of International Hotel Investments p.l.c. (the 'Company') announced the submission of an application to the Malta Financial Services Authority requesting admissibility to listing of Unsecured Bonds redeemable in 2033 (the 'New Bonds').

Subject to obtaining regulatory approval of the New Bonds, the Company will be granting preference to holders of the 5.8% unsecured bonds 2023 (ISIN: MT0000111287) (the "2023 Maturing Bonds") and the 6.0% unsecured bonds 2024 (ISIN: MT0000481227) (the "2024 Maturing Bonds") to subscribe to the New Bonds by surrendering the corresponding nominal value of Bonds so held.

The Company therefore announces that the Cut-OffDate for such eligibility shall be 22 September 2023 (trading session of 19 September 2023). The 2023 Maturing Bonds shall cease trading on the Malta Stock Exchange on close of business of 19 September 2023, while trading in the 2024 Maturing Bonds shall be suspended on close of business of 19 September 2023 until further notice.

The remaining balance of New Bonds will be offered for subscription to holders of Corinthia Group securities as at the Cut-Off Date (including the 2023 Maturing Bonds, 2024 Maturing Bonds, Company bondholders and shareholders, CPHCL Finance p.l.c. bondholders and Mediterranean Investments Holding p.l.c. bondholders) and Corinthia Group Personnel.

Further information on the New Bonds will be available after the issue of the necessary approval by the Malta Financial Services Authority.

Jean-Pierre Schembri

Company Secretary

15 September 2023

22 Europa Centre - Floriana FRN 1400 - Malta - Tel (356) 21233141 - Fax (356) 21234219 e-mail: ihi@corinthia.com - www.corinthiagroup.com - Co. Reg. No: C26136

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International Hotel Investments plc published this content on 15 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2023 08:30:06 UTC.