NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

20 March 2026

RECOMMENDED CASH ACQUISITION

of

Amedeo Air Four Plus Limited ("AA4+")

by

LAC 10 LLC ("LAC 10")

a newly incorporated wholly-owned subsidiary of Lesha Bank LLC (Public) ("Lesha Bank")

to be implemented by means of a Court-sanctioned scheme of arrangement
under Part VIII of the Companies (Guernsey) Law, 2008 (as amended)

Update on letters of support given by Weiss Asset Management

On 6 March 2026, the boards of directors of Lesha Bank, LAC 10 and AA4+ announced that they had reached agreement on the terms of a recommended all cash acquisition of the entire issued share capital of AA4+ by LAC 10 (the "Acquisition"), to be implemented by way of a court-sanctioned scheme of arrangement under Part VIII of the Companies (Guernsey) Law, 2008 (as amended) (the "Scheme") (the "2.7 Announcement"). Capitalised terms used in this announcement shall, unless otherwise defined, have the same meaning as set out in the 2.7 Announcement.

As set out in Part C of Appendix III of the 2.7 Announcement, LAC 10 had received non-binding letters of support from Weiss Asset Management (for and on behalf of Brookdale Global Opportunity Fund and Brookdale International Partners, L.P.), who had an interest in a total of 14,135,170 AA4+ Shares under swap contracts, representing, in aggregate, approximately 5.43 per cent. of the issued share capital of AA4+ on 5 March 2026 (the "Weiss Letters of Support"). Weiss Asset Management confirmed in the Weiss Letters of Support that, should it become the holder of, or otherwise obtain the voting rights over, any of the AA4+ Shares under swaps, it intends to vote (or procure votes) in favour of the Scheme at the Court Meeting and the resolutions to be proposed at the General Meeting in respect of such AA4+Shares.

Since the publication of the 2.7 Announcement, Weiss Asset Management has announced the following transactions in AA+4 Shares that were subject to the Weiss Letters of Support, such that it has reduced its long position over AA4+ Shares under the swaps (which are contract for differences ("CFDs")) by the following amounts:

-      on 6 March 2026, by a total of 7,807,052 AA4+ Shares; and

-      on 20 March 2026, by a total of 2,046,922 AA4+ Shares.

As a result, the Weiss Letters of Support now apply only in respect of the remaining AA4+ Shares in which Weiss Asset Management holds an interest under the CFDs, amounting to a total of 4,281,196 AA4+ Shares, representing, in aggregate, approximately 1.64 per cent. of the issued share capital of AA4+ as at close of business (London time) on 19 March 2026 (being the last Business Day prior to the date of this announcement).

Enquiries:

Important notices about financial adviser

N.M. Rothschild & Sons Limited ("Rothschild & Co"), which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively as financial adviser to LAC 10 and Lesha Bank and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than LAC 10 and Lesha Bank for providing the protections afforded to clients of Rothschild & Co nor for providing advice in connection with the Acquisition or any matter referred to in this announcement. Neither Rothschild & Co nor any of its group undertakings or affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Rothschild & Co in connection with this announcement, any statement contained herein, the Acquisition or otherwise. No representation or warranty, express or implied, is made by Rothschild & Co as to the contents of this announcement.

Further information

This announcement is for information purposes only and is not intended to and does not constitute, or form part of, any offer to sell or an invitation to purchase any securities; a solicitation of an offer to buy, otherwise acquire, subscribe for, sell or otherwise dispose of any securities pursuant to the Acquisition or otherwise; or the solicitation of any vote or approval in any jurisdiction pursuant to the Acquisition or otherwise nor shall there be any purchase, sale, issuance or exchange of securities or such solicitation in any jurisdiction in which such offer, solicitation, sale issuance or exchange is unlawful.

Overseas shareholders

The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom or Guernsey, and the availability of the Acquisition to AA4+ Shareholders who are not resident in the United Kingdom or Guernsey, may be restricted by the laws of those jurisdictions and therefore persons who are not resident in the United Kingdom or Guernsey into whose possession this announcement comes should inform themselves about and observe such restrictions. In particular, the ability of persons who are not resident in the United Kingdom or Guernsey to vote their AA4+ Shares with respect to the Scheme at the Court Meeting, or to execute and deliver forms of proxy appointing another to vote at the Court Meeting on their behalf, may be affected by the laws of the relevant jurisdictions in which they are located. Further details in relation to Overseas Shareholders will be contained in the Scheme Document (or, if the Acquisition is implemented by way of a Takeover Offer, the Offer Document). Any failure to comply with any such restrictions may constitute a violation of the securities laws of any such jurisdiction. To the fullest extent permitted by applicable law, the companies and persons involved in the Acquisition disclaim any responsibility or liability for the violation of such restrictions by any person.

Publication on website

A copy of this announcement and the documents required to be published pursuant to Rule 26 of the Code will be made available, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, on Lesha Bank's website at https://www.leshabank.com/investor-relations/offer-for-amedeo-air-four-plus-limited/ by no later than 12 noon (London time) on the Business Day following the date of this announcement.

For the avoidance of doubt, the contents of these websites and any websites accessible from hyperlinks on these websites are not incorporated into and do not form part of this announcement.

Rounding

Certain figures included in this announcement have been subjected to rounding adjustments. Accordingly, figures shown for the same category presented in different tables may vary slightly and figures shown as totals in certain tables may not be an arithmetic aggregation of the figures that precede them.