Julius Meinl Living concludes the exchange offer for its existing bonds and
successfully issues new 5-year bonds, enabling the group to focus on continued
growth in the luxury hospitality market

   JML Finance (Luxembourg) sarl / Key word(s): Corporate
   Action/Issue of Debt
   Julius Meinl Living concludes the exchange offer for its existing
   bonds and successfully issues new 5-year bonds, enabling the
   group to focus on continued growth in the luxury hospitality
   market
   05-Jul-2024 / 18:00 CET/CEST
     ____________________________________________________________

   
   NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY U.S. PERSON
   OR IN OR INTO THE UNITED STATES OR TO ANY PERSON LOCATED OR
   RESIDENT IN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT
   IS UNLAWFUL TO DISTRIBUTE THIS PRESS RELEASE.

   Julius Meinl Living concludes the exchange offer for its existing
   bonds pursuant to the exchange offer memorandum issued on 23 May
   2024 and successfully issues new 5-year bonds, enabling the group
   to focus on continued growth in the luxury hospitality market

   On 23 May 2024, the Julius Meinl Living group announced an
   exchange offer on the existing EUR 30 million of 2019 / 2024
   bonds (ISIN: XS204298157) issued by JML Finance (Luxembourg) S.à
   r.l. (Ticker: JMLFIN) (the "Existing Notes") (the "Exchange
   Offer") and a new issue of 2024 / 2029 bonds (ISIN: XS2834253127)
   by JML Finance (Luxembourg) S.à r.l. (the "Issuer") under its EUR
   300 million EMTN programme (the "New Notes").

   Capitalised terms used in this announcement but not defined
   herein have the meanings given to them in the exchange offer
   memorandum dated 23 May 2024 (the "Exchange Offer Memorandum").

   Further to the Exchange Offer, made on the terms and subject to
   the conditions set out in the Exchange Offer Memorandum, JML
   Finance (Luxembourg) S.à r.l. is pleased to confirm that the New
   Notes Coupon will be 7.0% p.a. paid semi-annually in cash; the
   New Notes Tenor will be 5 years; and the New Notes will be
   redeemed at maturity with a Redemption Amount at Maturity equal
   to 120% of the principal amount of each New Note.

   JML Finance (Luxembourg) S.à r.l. is additionally pleased to
   confirm that on 11th July 2024, it will be issuing and delivering
   a total of EUR 25.0 million of New Notes. Within this, the
   Acceptance Amount comprises of EUR 6.8 million, which will be
   accepted for exchange by JML Finance (Luxembourg) S.à r.l.
   pursuant to the Exchange Offer; the New Notes Issue Amount is an
   aggregate nominal amount of EUR 8.1 million of New Notes that
   will be issued at par; and a further EUR 10.1 million which will
   be held on behalf of the Issuer to facilitate future interest in
   the bond.

   SFI Markets acted as sole arranger and bookrunner of the
   transaction

   With the new issue having now reached first close, The Julius
   Meinl Living group confirms that the total issuance of the New
   Notes is capped at EUR 50 million.

   All of the Existing Notes issued by JML Finance (Luxembourg) S.à
   r.l. that have not been tendered pursuant to the Exchange Offer
   will mature in September 2024. Their redemption will be funded by
   the proceeds of the issuance of the New Notes and from other
   resources of the Julius Meinl Living group including cash from
   the group's previously announced EUR 12 million contribution of
   new equity by its shareholder.

   With the benefit of the ongoing issuance of the New Notes, of its
   continuing shareholder support and as well as the support of its
   banking partners, the Julius Meinl Living group continues to be
   in a position to press ahead with the development of its latest
   acquisition, the historic Hotel Ambasador in Bucharest and to
   progress its pipeline of other possible future acquisitions.

   The Hotel Ambasador will be the Julius Meinl Living group's
   second "The Julius" branded property and, when it opens in 2027,
   will seek to replicate the success of the The Julius Prague.
   Having in 2023 achieved revenues of EUR 10.3 million and EBITDA
   of EUR 5.1 million, The Julius Prague is currently trading well
   ahead of prior year.

   Various attractive pipeline projects, located in major European
   political and economic capital cities, are currently at an
   advanced stage of review.

   Requests for information may be directed to:
   office@juliusmeinlliving.com.

   The information in this announcement is information that the
   Issuer is obliged to make public pursuant to the EU Market Abuse
   Regulation.

____________________________________________________________

   Dissemination of a Financial Wire News, transmitted by EQS Group.
   The issuer is solely responsible for the content of this
   announcement.
     ____________________________________________________________

   Language:    English
   Issuer:      JML Finance (Luxembourg) sarl
                6 Rue Dicks
                L-1417 Luxembourg
                Luxembourg
   E-mail:      office@juliusmeinlliving.com
   Internet:    www.juliusmeinlliving.com
   ISIN:        XS2042981576
   EQS News ID: 1940815

   End of Announcement - EQS News Service
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1940815 05-Jul-2024 CET/CEST