Eros Media World Plc Bondholder Update 13March2025

EROS MEDIA WORLD PLC £50,000,000 9.00 PER CENT. BONDS DUE 2026

(the "Bonds")(ISIN: XS1112834608)

13th March 2025

Douglas, Isle of Man

Eros Media World PLC (incorporated as a limited company and registered in the Isle of Man under the Companies Act 2006 (Isle of Man) with company number 007466V) (the "Company") refers to the RNS announcement made on 28 February 2025, relating to the Bonds. As per that announcement, the Company intended to pay the Upfront Cash Consideration on the Mandatory Redemption Date, or as soon as it has funds available to do so following such date. As noted in that announcement, the Company has already entered into the Charge over Shares for the purposes of the Delayed Cash Consideration (constituting 89.15% of the total Cash Consideration), and the Upfront Cash Consideration and Consent Fee will bear interest at 9.00 per cent. per annum to the date on which they are paid, which the Company will notify to investors in due course.

The Company has been contacted by the Trustee in relation to this matter, and has reiterated to the Trustee that it is actively working to ensure this payment is made as soon as possible, and remains confident that it will be resolved shortly.

The Company will provide a further update as soon as it is in a position to make the payment of the Upfront Cash Consideration and Consent Fee (together with accrued interest thereon to the payment date).

Capitalised terms used and not defined in this notice have the meaning given to them in the RNS announcement dated 28 February 2025.

ABOUT EROS MEDIA WORLD PLC:

Eros Media World Plc, ("EMWP", the "Company") is a global media and entertainment company that acquires, co-produces and distributes films, digital content and music across multiple formats such as theatrical, television, OTT digital media streaming and emerging web 3.0 ecosystem to consumers around the world.  

For more details - https://erosmediaworld.com/

Investor contact - [email protected]