Completion of the tender offer on AIX

“SQIF Capital” JSC (the “Purchaser”), acting in its own name, but at the expense and in the interests of Adaptive Capital Limited (“Adaptive”), a direct subsidiary of Globaltrans Investment PLC (the “Company” and together with its consolidated subsidiaries “Globaltrans” or the “Group”), hereby announces the completion of the voluntary tender offer via the facilities of Astana International Exchange (the “AIX”) with respect to certain global depositary receipts of Globaltrans Investment PLC (ISIN: US37949E2046, special ISIN: US1CCCCCCCC0, special ticker: GLTR.BB¹)² as specified in the Memorandum (as defined below) (the “GDRs”, “Eligible GDRs” and “Tender Offer”, respectively).

The Purchaser announces today the completion of the Tender Offer and its results, which are, as follows:

• The Tender Offer was launched with respect to an aggregate amount of the Eligible GDRs, representing in total approximately 15% of the Company’s share capital;

• 100% of the total number of the Offers duly submitted to the Purchaser have been accepted by the Purchaser pursuant to the Tender Offer;

• Eligible GDRs subject to such Offers have been transferred to the Purchaser for onward delivery to Adaptive and the purchase price relating thereto was paid to the sellers of Eligible GDRs in accordance with the terms of the Tender Offer. Accordingly, the relevant settlements have been duly completed;

• Given that the Tender Offer remained open for 2 months, the Purchaser, having consulted with Adaptive, does not see reasons to extend the Tender Offer further and the Tender Offer is therefore closed;

• In addition, the Purchaser, having consulted with Adaptive, currently does not plan to proceed with new voluntary tender offers with respect to the GDRs;

• The Purchaser notes that the completion of the Tender Offer will not result in a change of the share capital of Globaltrans or a reduction in the number of issued and outstanding shares of Globaltrans. The GDRs purchased under the Tender Offer will not be subject to automatic cancellation by virtue of them being transferred to the Subsidiary as part of the Tender Offer settlement and will retain corporate rights, including a right to vote at general meetings of shareholders. Accordingly, the Tender Offer does not affect stakes held by the shareholders of Globaltrans and non-participating GDR holders.

This announcement shall be read and construed in conjunction with Memorandum. Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the Memorandum.

Further details on the Tender Offer and its parameters including the memorandum of the Purchaser dated 25 November 2024 (the “Memorandum”) are available on the website globaltrans.com and through AIX Regulatory Announcement Service aix.kz.

ENQUIRIES

Should you have any questions related to the Tender Offer or need assistance, please use the contacts below:

Contacts for investors:

SQIF Capital
Nurlan Asilbekov
+7 (778) 003-03-76 (for English speakers)
+7 (778) 003-03-77 (for non-English speakers)
bb@sqif.kz
TG: @SQIF_CAPITAL
WA: wa.me/message
www.SQIF.kz

Investor Relations
Mikhail Perestyuk / Daria Plotnikova
+971 2 877 6840
irteam@globaltrans.com

Contacts for media
Anna Vostrukhova
+971 2 877 4166
media@globaltrans.com

EM
globaltrans@em-comms.com

¹ Special technical trading code allocated only for the purposes of submitting Offers.
² Special ISIN and special ticker specified above should be used only for the purposes of participation in the Tender Offer and not for any other purpose.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.