Rule 19.6(c) confirmation of post-offer intentions.

THIS ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS

FOR IMMEDIATE RELEASE

23 May 2025

Navigator Paper UK Limited ("Navigator")

(an indirect wholly owned subsidiary of The Navigator Company, S.A.)

Rule 19.6(c) confirmation with respect to post-offer intention statements regarding Accrol Group Holdings plc ("Accrol")

Navigator announces that, further to completion on 24 May 2024 of the recommended cash acquisition of the entire issued and to be issued share capital of Accrol, which was implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 and became effective on 24 May 2024, it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that it has complied with the post-offer intention statements made pursuant to Rule 2.7(c)(viii) and Rule 24.2 of the Code, as detailed in its announcement made under Rule 2.7 of the Code on 22 March 2024 and in the scheme document published by Accrol on 17 April 2024.