Distribution of Dividends

PRESS-RELEASE

21 March 2019, Limassol, Cyprus

MHP SE

Distribution of Dividends

Dear Shareholders,

The Board of Directors of MHP SE today announces a distribution of an interim dividend to the Company's Shareholders.

After having carefully considered the performance of the Company during the financial year 2018 and for the period from 01 January till 15 March 2019, the Board of Directors approved payment of an interim dividend of US$0.7474 per share, equivalent to approximately US$80 million.

The interim dividend of US$0.7474 per share, equivalent to approximately US$80 million, will be paid on 4 April 2019 (the "dividend payment date") to the Company's shareholders whose name is entered in its register of members as of 29 March 2019 (the "dividend record date"). The Board of Directors approved that no dividend will be paid on the Company's shares held in treasury.

The Board of Directors of MHP SE also acknowledged the consent of WTI Trading Limited (the Company's major shareholder) to be paid later than the dividend payment date (but not later than November 01, 2019) with no interest accrued on the amount of dividend paid later.

There would be no Cyprus withholding tax on the interim dividend payable to non-Cyprus tax resident Shareholders of MHP SE.

Shareholders, whose personal income is subject to withholding tax in their country of residency, have to seek additional information from their personal legal, tax and financial advisors.

Please address any questions or concerns to: