MLN – Update regarding investment in Signature Bank

13 March 2023


Marlin Global Limited – Update regarding investment in Signature Bank

It has been reported today, in a joint announcement by the US Treasury, Federal
Reserve (Fed) and Federal Deposit Insurance Corporation (FDIC), that the FDIC have
taken control of Signature Bank, in order to stabilise the banking system and safeguard
against systemic banking risk.

The move by the FDIC will protect all of Signature Bank’s deposit holders, but will not
protect Signature Bank shareholders or certain unsecured debt holders.

Signature Bank is one of the 22 portfolio investments held by Marlin Global Limited.
The equity investment in Signature Bank, as at the most recent net asset value (NAV)
(released to the NZX 8th March 2023) equated to 3.3% of Marlin’s investment
portfolio.

The next Marlin Global Limited NAV will be released to the NZX on Thursday 16 March
2023.


Wayne Burns
Corporate Manager
Marlin Global Limited
Tel: (09) 484 0365
Marlin Global Limited
Phone +64 9 484 0365
Private Bag 93502, Takapuna
Auckland 0740