MLN SHARE ISSUE (WARRANT CONVERSION MLNWE)

25 May 2022




MARLIN GLOBAL SHARE ISSUE (WARRANT CONVERSION MLNWE)


On 20 May 2022, Marlin Global warrant holders had the option to convert their warrants into ordinary
Marlin Global shares at an exercise price of $1.18 per warrant.

On the exercise date 4,817,168 warrants out of a possible 47,256,870 warrants (10%) were converted
into Marlin Global ordinary shares.

The new shares were allotted to warrant holders on 25 May 2022. All new shares have the same rights
as current Marlin Global shares, including participating in the company’s quarterly dividend policy.

The remaining 42,439,702 warrants which were not exercised have now lapsed, and all rights in regards
to them have now expired.

The additional funds will be invested in Marlin Global’s current investment portfolio of stocks.


/Ends

Wayne Burns
Corporate Manager
Marlin Global Limited

Tel +64 9 484 0365
Marlin Global Limited
Phone +64 9 484 0365
Fax +64 9 489 7139
Private Bag 93502 Takapuna
Auckland 0740