Completion of Compulsory Redemption of Shares

DORIC NIMROD AIR ONE LIMITED (the "Company")

(Legal Entity Identifier: 2138009FPM7EH4WDS168)

COMPLETION OF COMPULSORY REDEMPTION OF SHARES

On 27 January 2023 the Company announced its intention to return to Shareholders an amount of £25.758 million on 3 February 2023 for shareholders on the register of members as at close of business on 2 February 2023, by way of a compulsory redemption of the redeemable ordinary shares in the capital of the Company.

Accordingly, 42,450,000 Shares have been redeemed for cancellation.

As previously announced, all redemption proceeds are expected to be paid in pounds sterling using the existing mandate record held on file on or around 10 February 2023.

For further information, please contact:

JTC Fund Solutions (Guernsey) Limited

Secretary

Tel: +44 (0) 1481 702400

END OF ANNOUNCEMENT

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