EUROASIA INSURANCE: Additional Share Issue Announcement 2025

JOINT STOCK COMPANY JOINT VENTURE
"EUROASIA INSURANCE"

TO THE ATTENTION OF SHAREHOLDERS!

Dear Shareholders!

Based on the decision of the Supervisory Board of Joint Stock Company Joint Venture "EUROASIA INSURANCE" dated November 13, 2025, we inform you that for the purpose of increasing the authorized capital of the Company, the issuance of 191,788,196 additional ordinary shares and 8,211,804 preferred shares in book-entry form with the owner's name indicated, with a nominal value of 1,000 soums, was registered by the National Agency for Prospective Projects of the Republic of Uzbekistan on November 26, 2025 under number P0939-5.

Based on the decision on the issuance of additional shares, the Company's shares are placed through a closed subscription with granting shareholders a preemptive right to purchase.

Based on the decision on the issuance of additional shares, holders of ordinary shares of the Company are granted a preemptive right to purchase additionally issued shares. The validity period of the preemptive right to purchase is effective for 10 (ten) days from the date of publication of the announcement.

The list of persons entitled to the preemptive right to purchase shares of the Company is compiled based on the data from the register of shareholders of the Company, formed as of November 13, 2025.

The additionally issued shares are placed at a price of 2,147.32 soums.

For persons entitled to the preemptive right to purchase shares, the shares of this issuance are placed at a price of 2,147.32 soums.

Shareholders with preemptive rights are entitled to exercise their preemptive right in full or in part by submitting to the Company a written application indicating their full name (name) and place of residence (location), the number of shares they are acquiring, and a document confirming payment. Such application must be submitted to the Company within the validity period of the specified preemptive right.

Payments for shares of this issuance are made in the national currency of the Republic of Uzbekistan.

When purchasing shares by persons with preemptive rights, payments may be made in foreign currency in the manner established by law.

During the validity period of the preemptive right, payments for shares are made only in cash. Payments are made by individuals in cash and non-cash form (plastic cards), by legal entities in non-cash form through money transfer.

During the share placement process, payments for shares are made only in cash. Payments are made in non-cash form through money transfer.

Payments are accepted to the Issuer's account in national currency 2021 4000 5039 6842 0001, in US dollars 2021 4840 5039 6842 0010, in euros 2021 4978 6039 6842 0002. Bank name — Uzmilliybank "Sayokhat" Branch, Bank code — 00450, SWIFT code — NBFA UZ 2X, Bank TIN — 200 836 354, Bank address — 100185, Tashkent city, Naqqoshlik MCA, Bunyodkor street, 28A.

The procedure for determining the number of ordinary and preferred shares that shareholders of JSC JV "EUROASIA INSURANCE" are entitled to purchase preferentially is determined based on the following formula:

For additionally issued ordinary shares:

A / 86,808,471 = B;

191,788,196 * B = C;

Where:

86,808,471 – number of ordinary shares in the authorized capital of the Company;

191,788,196 – total number of additionally issued ordinary shares;

A – number of ordinary shares of the shareholder in the authorized capital of the Company;

B – ratio of shares owned by the shareholder to the total number of ordinary shares in the authorized capital of the Company;

C – number of ordinary shares that may be purchased preferentially by the shareholder when exercising the preemptive right.

For additionally issued preferred shares:

A / 86,808,471 = B;

8,211,804 * B = D;

Where:

86,808,471 – number of ordinary shares in the authorized capital of the Company;

8,211,804 – total number of additionally issued preferred shares;

A – number of ordinary shares of the shareholder in the authorized capital of the Company;

B – ratio of shares owned by the shareholder to the total number of ordinary shares in the authorized capital of the Company;

D – number of preferred shares that may be purchased preferentially by the shareholder when exercising the preemptive right.

In case of a remainder, if the remainder equals 5 (five) or more, it is rounded up; if less than 5 (five), it is rounded down.

Shareholders may contact the Company for additional information.

For inquiries, telephone: (+998 71) 207-91-93