23 July 2025

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

FOR IMMEDIATE RELEASE

Ocean Wilsons Holdings Limited

("Ocean Wilsons" or the "Company")

Completion of Tender Offer and Total Voting Rights

The Company is pleased to announce that the Tender Offer, the results of which were announced on 21 July 2025, completed on 23 July 2025.

Under the terms of the Option Agreement, Peel Hunt purchased 7,072,608 Shares at the Strike Price of 1,543 pence per Share. On 23 July 2025, those Shares were subsequently acquired by the Company from Peel Hunt under the terms of the Option Agreement at the same Strike Price and cancelled.

It is anticipated that the proceeds payable to Qualifying Shareholders for an accepted tender relating to certificated Ordinary Shares will be despatched as a cheque by not later than 25 July 2025, and that the proceeds payable to Qualifying Shareholders for an accepted tender relating to uncertificated Depositary Interests will be paid via a CREST payment made in favour of the tendering Qualifying Shareholder's payment bank on 25 July 2025.

Following completion of the Tender Offer and the cancellation of 7,072,608 Shares, and in accordance with the Disclosure Guidance and Transparency Rules, the Company's issued share capital consists of 28,290,432 Shares, all of which carry voting rights. No Shares are held by the Company as treasury shares. Therefore, the total number of voting rights in the Company is 28,290,432, which may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

Capitalised terms not otherwise defined in this announcement shall have the meaning given to them in the shareholder circular published by the Company on 17 June 2025.

About Ocean Wilsons

Ocean Wilsons is a Bermuda investment holding company listed on both the London Stock Exchange and the Bermuda Stock Exchange. Ocean Wilsons' active business comprises Ocean Wilsons (Investments) Limited, an entity that holds an actively managed diversified portfolio of international investments.

LEI: 213800U1K395G8PK4I21

FOR FURTHER INFORMATION PLEASE CONTACT

IMPORTANT NOTICES

This announcement does not constitute or form part of an offer or invitation, or a solicitation of any offer or invitation, to purchase any Shares or other securities.

The full terms and conditions of the Tender Offer are set out in the Circular, which Shareholders are advised to read in full.

Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively as financial adviser and broker to Ocean Wilsons and for no one else in connection with the matters referred to in this announcement and will not be responsible to any person other than Ocean Wilsons for providing the protections afforded to clients of Peel Hunt, nor for providing advice in relation to the matters referred to herein. Neither Peel Hunt nor any of its affiliates 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 Peel Hunt in connection with the matters referred to in this announcement, or otherwise.

This announcement may contain, or have incorporated by reference into it, 'forward-looking statements' with respect to certain of the Company's plans and its goals and expectations relating to its future financial condition, performance, results, strategy and objectives.

These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect Ocean Wilsons' current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to Ocean Wilsons' business, results of operations, financial position, liquidity, prospects, growth and strategies. Forward-looking statements speak only as of the date they are made.

Other than in accordance with its legal or regulatory obligations (including as may be required by the Bermuda Companies Act, the UK Listing Rules, MAR, the Prospectus Regulation Rules, the Disclosure Guidance and Transparency Rules and FSMA (as appropriate)), Ocean Wilsons is not under any obligation and Ocean Wilsons expressly disclaims any intention or obligation (to the maximum extent permitted by law) to update any forward-looking statements, whether as a result of new information, future events or otherwise. Recipients of this announcement and the Circular are therefore cautioned not to put undue reliance on forward-looking statements.

ENDS