SUN LIMITED

COMMUNIQUE

The Board of Directors of Sun Limited ("SUN" or the "Company") wishes to inform its shareholders and the public in general that the Company shall, on 4 May 2023, exercise its early redemption option in respect of the whole part of the notes bearing tranche reference FRNMUR7Y (the "Notes"), issued as per the Programme Memorandum and the Applicable Pricing Supplement dated

18 October 2016. The details of the Notes are as follows:

Type

Amount

Tranche

Maturing on

Early Redemption

of notes

(MUR m)

Reference

Number

Fixed

958

FRNMUR7Y

4 November

As from fifth

rate

2023

anniversary of the

Notes

Dealings on these Notes will be suspended at close of business on 25 April 2023 for the purpose of their early redemption.

Shareholders of SUN and the investing public will be kept informed of further developments.

By Order of the Board

CIEL Corporate Services Ltd

Company Secretary

4 April 2023

This Communiqué is issued pursuant to the Securities Act 2005 and listing rule 11.3. The Board of Directors accepts full responsibility for the accuracy of the information contained in this Communiqué.

BRN: C06003886

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Sun Ltd. published this content on 05 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 April 2023 04:30:03 UTC.