TR-1

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Esken Limited

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

3. Details of person subject to the notification obligationiv

Name

City of registered office

Country of registered office

Strategic Value Partners LLC

US

4. Full name of shareholder(s) (if different from 3)v

Name

City of registered office

Country of registered office

Strategic Value Special Situations Master Fund V, L.P.

Camana Bay

Cayman Islands

Strategic Value Opportunities Fund, L.P.

Camana Bay

Cayman Islands

Strategic Value Capital Solutions Master Fund, L.P.

Camana Bay

Cayman Islands

Strategic Value Special Situations Master Fund IV, L.P.

Camana Bay

Cayman Islands

5. Date on which the threshold was crossed or reachedvi:

8 December 2023

6. Date on which issuer notified (DD/MM/YYYY):

12 December 2023

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

0.000000

0.000000

0.000000

0

Position of previous notification (if

applicable)

5.079100

0.000000

5.079100

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Ordinary

GB00B03HDJ73

0

0

0.0000000

0.0000000

SUBTOTAL 8. A

0

0.0000000

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights through financial instruments if it is equal to or higher than the notifiable threshold

Total of both instruments if it equals or is higher than the notifiable threshold

Strategic Value Partners, LLC

Strategic Value Special Situations Master Fund IV, L.P.

0.000000

0.000000

Strategic Value Partners, LLC

Strategic Value Capital Solutions Master Fund, L.P.

Strategic Value Partners, LLC

Strategic Value Opportunities Fund, L.P.

Strategic Value Partners, LLC

Strategic Value Special Situations Master Fund V, L.P.

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

12 Place of completion

Greenwich, CT, U.S.A.

13 Date of completion

11 December 2023