Announcement of Interim Results

Press release

27th October 2025

Magellan Holding Limited ("MHL" or "the Guarantor")

&

Magellan Capital Holdings PLC ("MCH PLC" or "the Issuer")

Announcement of Interim Results for the Six Months Ended 30 June 2025

MHL, the ultimate and controlling entity of MCH PLC (LSE: PH80), is pleased to announce the publication of its consolidated interim results for the six months ended 30 June 2025.

The consolidated perimeter of MHL continued to perform strongly, achieving sustained revenue growth and profitability in the first half of 2025. This reflects the Group's continued focus on financial strength and operational resilience. The balance sheet remains robust, underpinned by significant liquidity and a disciplined financial approach that provides the flexibility to pursue strategic opportunities.

Following the successful acquisition of Danish Ship Finance A/S ("DSF") in 2024, MCH PLC continues to work closely with DSF's management team to advance its strategic priorities. Integration progress remains on track, with ongoing initiatives focused on portfolio optimisation, funding diversification, and the expansion of DSF's international client base. These efforts continue to unlock long-term value and reinforce MCH PLC's position as a resilient and well-capitalised financial services group.

MHL Consolidated Financial Highlights:

MHL's consolidated interim report for the six months ended 30 June 2025 is now available on the company website:

www.magellancapital.com

This announcement contains inside information.

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About Magellan Capital Holdings PLC

MHL and MCH PLC are holding companies solely owned by Hassan Elali. MCH PLC's core purpose is to be the acquiring entity of Danish Ship Finance and issuer of the USD 360 million 8.375% Fixed Reset Senior Secured Notes due 2029 pursuant to Regulation S of the U.S. Securities Act of 1933. Going forward MCH PLC will continue to assess potential opportunities, seeking value and credit accretive avenues of potential growth. MHL's sole purpose is to act as guarantor for the Senior Secured Notes due 2029.

About Danish Ship Finance A/S

DSF is a highly specialised niche player in the ship finance market and has been committed to the industry since 1961. The company is a trusted partner for Danish and international shipping companies and leverages its extensive sector knowledge to act as more than a financier for its clients. It has a strategic focus on financing the transition to a sustainable shipping industry.