Disposal

DORIC NIMROD AIR ONE LIMITED (the "Company")

(Legal Entity Identifier: 2138009FPM7EH4WDS168)

DORIC NIMROD AIR ONE LIMITED

ASSET SALE UPDATE

On 15 July 2022 the Company announced its agreement to sell its Airbus A380-861 aircraft to Emirates (the "July Announcement").

Further to the July Announcement, the Board is happy to announce that, following the Lease End Date, sale proceeds of £25.30m have been received with title successfully passing to Emirates.

The Board wishes to thank Emirates for its part in this transaction, and the Board intends to provide a further update to shareholders, in relation to the return of the proceeds and the liquidation of the Company, in January 2023.

For further information, please contact:

For administrative and company information:

JTC Fund Solutions (Guernsey) Limited

+44 (0) 1481 702400

For shareholder information:

Nimrod Capital LLP

+44 (0) 20 7382 4565

END OF ANNOUNCEMENT

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