Reminder re Cancellation of Admission to Trading

1 June 2022

CIP MERCHANT CAPITAL LIMITED

("CIP" or the "Company")

Reminder re Date of Cancellation of Admission to Trading on AIM

Further to the Company's announcement of 9 May 2022 and Corporation Financière Européenne S.A. ("CFE") completing its mandatory cash offer for the Company, pursuant to which it achieved ownership of in excess of 75 per cent. of the voting rights of CIP, the Board of CIP reminds shareholders that the cancellation of admission to trading on AIM of the ordinary shares of no par value in the capital of the Company ("Ordinary Shares") pursuant to AIM Rule 41 will become effective on or shortly after 7.00 a.m. (London time) on Wednesday, 8 June 2022 (the "Cancellation"). Accordingly, the final day of trading on AIM in the Ordinary Shares will be Tuesday, 7 June 2022.

Following the Cancellation, Strand Hanson Limited will cease to act as nominated adviser and broker to the Company and the liquidity and marketability of the Ordinary Shares will be significantly reduced.

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