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Bayport Management Ltd: Bayport Management Limited Appointment of Board Chairperson

Bayport Management Ltd: Bayport Management Limited Appointment of Board Chairperson APPOINTMENT OF BOARD CHAIRPERSON The Board of Bayport Management Ltd ( BML or the Company ) wishes to apprise its shareholders and the general public that Nicholas Haag has been appointed as the Chairperson of the Board of the Company, from April 2021. Mr. Haag has served as an Independent Non-Executive Director of the Company since 2016. Mr. Haag has had a 30- year career in the finance industry with various institutions including Barclays, ABN AMRO and the Royal Bank of Scotland. Most recently, Mr. Haag was a member of the Boards of TBC Bank Group PLC and Citadele Bank Group. Mr. Haag holds a First-Class Honours Degree from the University

Bayport Management Ltd: Bayport Management Limited - Appointment of New Chief Executive Officer

Bayport Management Ltd: Bayport Management Limited - Appointment of New Chief Executive Officer BML or the Company ) wishes to apprise its shareholders and the general public that Christopher Blandford-Newson has been appointed as the new Chief Executive Officer of the Company, effective January 2021. Christopher has served as an independent non-executive director on the Board since June 2019. The Board of BML wishes to thank Grant Kurland and Stuart Stone for their valuable contribution to the Company during their tenure as Joint Chief Executive Officers of BML. Both Grant and Stuart will remain on the Board in a non-executive capacity and will act as advisors to the CEO.

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