DISCLAIMER

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The information to which this gatepost gives access (the “information”) is exclusively intended for persons who are not residents of the United States, Australia, Canada, Japan, the Republic of South Africa or in any jurisdiction in which such offers or sales are unlawful (the “Excluded Territories”) and who are not physically present in the Excluded Territories. The information is neither directed at, nor intended for access or use by, any person or entity that is a citizen or resident or located in any locality, state or country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction.

The information does not constitute a public offer to sell, or a solicitation of an offer to buy, securities in the United States. No securities of Petro Matad Limited (the “Company”) have been registered nor will they be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or with any other securities regulatory authority of any state or other jurisdiction of the United States or under any applicable securities laws of any state, province, territory, county or jurisdiction of any of the Excluded Territories and any such securities may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly within the United States or any of the Excluded Territories except pursuant to an effective registration statement or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act or applicable securities laws within the Excluded Territories. Nor does the information constitute an offer of, or an invitation to buy, securities in any jurisdiction in which such offer or invitation is not authorised or to any person to whom it is unlawful to make such an offer or invitation, or require registration of such securities in the relevant jurisdiction. Potential users of this information are requested to inform themselves about and to observe any such restrictions.

In member states of the European Economic Area (“EEA”), the information is directed only at and may be communicated only to persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation (Regulation (EU) 2017/1129), and any relevant implementing measure in each relevant member state and related implementation measures in the member states ("Qualified Investors").

In the United Kingdom, the information is directed only at and may be communicated only to persons who are “qualified investors” within the meaning of the UK version of the EU Prospectus Regulation (2017/1129/ EU) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018 (i) who have professional experience in matters relating to investments and fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “FPO”), (ii) who fall within Article 49 of the FPO; or (iii) to whom it may otherwise lawfully be communicated (all such persons in (i) to (iii) inclusive together being referred to as “Relevant Persons”). Any investment or investment activity to which the information relates is only available to Relevant Persons in the United Kingdom and Qualified Investors in the EEA, and will only be engaged with such persons. Any persons within the United Kingdom who access the information (other than Relevant Persons) should not rely on or act upon the information.

By accessing the information in the EEA, you represent and agree that you are a Qualified Investor and by accessing the information in the United Kingdom, you represent that you are a Relevant Person and that you are not accessing the information on behalf of any persons in the EEA other than Qualified Investors or persons in the United Kingdom other than Relevant Persons and other member states (where equivalent legislation exists) for whom you have authority to make decisions on a wholly discretionary basis. The Company and Shore Capital and Corporate Limited, Shore Capital Stockbrokers Limited and Arden Partners plc (together the "Banks") will rely upon the truth and accuracy of the foregoing representations and agreements. Any person in the EEA who is not a Qualified Investor should not rely on or act upon the information.

You acknowledge that no representation or warranty, express or implied, is made or given by or on behalf of the Company or the Banks or any of their affiliates as to the accuracy, completeness or fairness of the information contained in the materials you are seeking to access here, and no responsibility or liability is accepted in relation to any such information by Company or the Banks or any of their affiliates.

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