Statement re possible offer

Further to the announcement made by Alfa on 27 September 2023 in response to press speculation in respect of the possibility of an offer being made for Alfa by Thomas H. Lee Partners, L.P. ("THL"), THL confirms that it does not intend to make an offer for Alfa. This is a statement to which Rule 2.8 of the Code applies.

Under Note 2 on Rule 2.8 of the Code, THL, on behalf of its managed funds, and any person(s) acting in concert with THL, reserves the right to make or participate in an offer for Alfa (and/or take any other action which would otherwise be restricted under Rule 2.8 of the Code) within six months of the date of this announcement:

• with the agreement of the board of Alfa;
• following the announcement of a firm intention to make an offer for Alfa by or on behalf of a third party;
• following the announcement by Alfa of a Rule 9 waiver proposal (as referred to in Note 1 of the Notes on Dispensations from Rule 9 of the Code) or a reverse takeover (as defined in the Code); or
• if the Panel on Takeovers and Mergers has determined that there has been a material change of circumstances.