NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS NOTICE.

EROS MEDIA WORLD PLC

NOTICE OF REDEMPTION IN RESPECT OF ITS
£50,000,000 9.00 PER CENT. BONDS DUE 2026

(the "Bonds")
(ISIN: XS1112834608)

30 December 2024

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") hereby gives notice of the mandatory redemption of the Bonds pursuant to Condition 5(g) of the Bonds.

The "Mandatory Redemption Date", being the date on which the Bonds will be redeemed and the Upfront Cash Consideration (together with the Consent Fee, to eligible Bondholders) will be paid, is 10 March 2025.

The "Upfront Cash Consideration" is equal to £7.00 per £100 nominal amount of Bonds, and the "Consent Fee" is equal to £0.50 per £100 in nominal amount of the Bonds.

The record date (the "Record Date") which will be used to determine entitlement to the "Cash Consideration" (which term means the Upfront Cash Consideration and the Delayed Cash Consideration (as defined below)), will be 7 March 2025, being the business day in London falling immediately prior to the Mandatory Redemption Date. In order to receive the Cash Consideration a Bondholder must hold its Bonds on the Record Date. Any purchaser of Bonds after the Record Date will not receive the Cash Consideration.

The "Delayed Cash Consideration" is equal to £57.50 in cash per £100 nominal amount of Bonds, which is expected to be paid by the date falling 12 months after the Mandatory Redemption Date (subject to and as provided in the Consent Solicitation Memorandum dated 19 August 2024 (the "Consent Solicitation Memorandum")).

Truva Trust Corporation Plc, which was appointed as Trustee pursuant to the Deed of Removal and Appointment dated 17 September 2024, will maintain a register of Bondholders on the Record Date (each such Bondholder, a "Recorded Bondholder"), based on information provided by the Clearing Systems. Payment of the Delayed Cash Consideration on the Delayed Cash Consideration Payment Date (as defined below) will only be made to Recorded Bondholders through the Clearing Systems. A Recorded Bondholder may request from the Trustee at [email protected] a non-transferable receipt (a "Receipt") to evidence its entitlement to the Delayed Cash Consideration, subject to payment of such fee as the Trustee may charge from time to time.

The Delayed Cash Consideration will be paid to Recorded Bondholders through the Clearing Systems as soon as reasonably practicable from the net proceeds resulting from the sale of the Reserve Shares. The Trustee shall specify on its website (www.truvacorp.com) details of when the Delayed Cash Consideration will be paid (the "Delayed Cash Consideration Payment Date").

In accordance with the Trust Deed, the Company hereby confirms that it has entered into the Charge over Shares in order to grant security to the Trustee, on behalf of the Recorded Bondholders, over the Reserve Shares.

Capitalised terms used and not defined in this notice have the meaning given to them in the Consent Solicitation Memorandum.

Disclaimer

The distribution of this notice in certain jurisdictions may be restricted by law. Persons into whose possession this notice comes must inform themselves about and observe any such restrictions.

Eros Media World PLC.