On instigation of second Written Procedure for receipt of consent of Noteholders holding the Notes with ISIN LV0000103570 and ISIN LV0000107852

AS "Storent Europe", registration number 40203174397 (the "Issuer"), in accordance with Clause 26.1(f) and Clause 26.3 of the General Terms and Conditions of the Notes set forth in the Base Prospectus of the Issuer dated 27 March 2025 instigates a second Written Procedure (the "Second Written Procedure") to obtain the Noteholders' consent on amendments to the Final Terms of the Notes (ISIN LV0000103570) dated 1 April 2025 (as updated on 22 April 2025) and the Final Terms of the Notes (ISIN LV0000107852) dated 7 November 2025 (as updated on 3 December 2025).

On 11 June 2026 the Issuer in accordance with Clause 26.3 of the General Terms and Conditions initiated a Written Procedure (the "First Written Procedure") to obtain the Noteholders' consent on amendments to the Final Terms of the Notes (ISIN LV0000103570) and the Final Terms of the Notes (ISIN LV0000107852) as set out in Schedule 1 and Schedule 2 to the announcement of the First Written Procedure. The Issuer's announcement is available here: https://view.news.eu.nasdaq.com/view?id=1447669〈=en

In accordance with Clause 26.1(e)(ii) of the General Terms and Conditions a quorum in respect of the First Written Procedure only exists if one or more Noteholders holding 50 % in aggregate or more of the principal amount of the Notes of the relevant Series outstanding (excluding the Notes held by the Issuer and the Related Parties) reply to the request by submitting their votes in respect of the proposed amendments.

The voting in respect to the First Written Procedure ended on 30 June 2026.

The Noteholders (excluding the Issuer and the Related Parties) holding 44.26% of the principal amount of the outstanding Notes with ISIN LV0000103570 (i.e., the Noteholders holding the Notes with ISIN LV0000103570 in the principal amount EUR 10,202,100) replied to the request for the proposed amendments to the respective Final Terms of the Notes by submitting their votes.

The Noteholders (excluding the Issuer and the Related Parties) holding 37.61% of the principal amount of the outstanding Notes with ISIN LV0000107852 (i.e., the Noteholders holding the Notes with ISIN LV0000107852 in the principal amount EUR 6,223,100) replied to the request for the proposed amendments to the respective Final Terms of the Notes by submitting their votes.

Consequently, the quorum in respect of the First Written Procedure did not exist for either of the proposed amendments to the respective Final Terms of the Notes, and neither of the proposed amendments to the respective Final Terms of the Notes was approved or became effective.

Since the quorum did not exist in respect of the First Written Procedure, the Issuer in accordance with Clause 26.1(f) and Clause 26.3 of the General Terms and Conditions instigates the Second Written Procedure. In accordance with Clause 26.1(f) of the General Terms and Conditions, the quorum requirement shall not apply to the Second Written Procedure, except for exclusion of the Issuer and the Related Parties from calculation of a quorum.

The Issuer is currently evaluating various financing alternatives to support the execution of its growth strategy and achievement of its long-term objectives. To enhance flexibility in its financial planning and optimize its future capital structure, the Issuer requests the consent of the Noteholders to amend the Final Terms of the Notes (ISIN LV0000103570) and the Final Terms of the Notes (ISIN LV0000107852) hereto by introducing a call option, granting the Issuer the right to redeem the respective Series of Notes prior to their scheduled Maturity Date. The proposed amendments would provide the Issuer with additional flexibility to manage its financing arrangements efficiently, respond to evolving market conditions, and take advantage of potentially more favourable financing opportunities that may become available in the future.

In the light of the above considerations, the Issuer invites the Noteholders to support the proposed amendments to the respective Final Terms of the Notes.

If as a result of the voting of the Noteholders the proposed amendments to the respective Final Terms of the Notes are approved, the Issuer agrees within 10 (ten) Business Days after publication of the Issuer's notice on entry into force of the amendments to the respective Final Terms of the Notes to pay each Noteholder, who in accordance with a list prepared by Nasdaq CSD SE is a Noteholder on 8 July 2026 and who has voted "yes" to the amendments proposed to the respective Final Terms of the Notes, an amendment fee in the amount of 1 % (one per-cent) from the principal amount of the Notes of the relevant Series held by the respective Noteholder. For tax purposes the amendment fee is treated as interest payment and the Issuer will make a payment net of applicable withholding taxes.

Announcement on instigation of the Second Written Procedure for receipt of the Noteholders' consent, which contains a detailed information on participation in the voting and timing of the voting, proposed amendments to the respective Final Terms of the Notes, the voting form and the form of proxy are attached hereto, as well as available at: https://signing.storent.com/Voting/?votingId=b36b051d-a5df-4564-c4a3-08ded75f0939&locale=en-US

The Issuer invites all Noteholders to be responsive, to thoroughly familiarize themselves with the proposed amendments and to submit their votes by 15 July 2026 (inclusive).

Baiba Onkele
Chief Financial Officer
AS "Storent Europe"
Mobile: + 371 29 340 012
E-mail: [email protected]

www.storentholding.com