Notice of Buyback Offer for Admiral Markets AS Tier 2 Bonds and Planned Withdrawal from Investment Firm Licence

Group 1 - Admiral Markets AS is conducting a buyback offer for up to 13,535 Tier 2 bonds at a price of EUR 103.21 per bond, with the offer period from March 19, 2026, to April 2, 2026 [1] - The bonds have a nominal value of EUR 100 each and a maturity date of December 28, 2027 [1] - The buyback is directed solely to current bondholders of Admiral Markets AS [1] Group 2 - Admiral Markets AS is an investment firm based in Estonia, authorized to provide investment services across the EU and EEA [2] - The firm is part of the Admirals Group, which offers leveraged online trading services in over-the-counter markets and exchange-listed instruments [2] - The Admirals Group operates under several licenses, including those from the FCA in the UK and CySEC in Cyprus [3] Group 3 - The restructuring of the Admirals Group aims to optimize its geographical footprint by focusing on regions with stronger growth opportunities [4] - Despite the restructuring, Estonia will remain a strategic location for the company, with its headquarters in Tallinn [5] - Admiral Markets AS has applied to relinquish its investment firm license, expected to be revoked in Q2 2026 [5] Group 4 - The buyback offer allows all investors to submit their bonds for buyback on equal terms, with specific procedures for participation [6][7] - The purchase price includes a nominal value of EUR 100, a premium of EUR 1, and accrued interest of EUR 2.21 [9] - The offer period starts on March 19, 2026, and ends on April 2, 2026, with the settlement date on April 8, 2026 [10][12]