On 1 April 2020 AS “Storent Investments” (hereinafter - the Issuer), in accordance with Clause 21 of the Terms and Conditions of Notes dated 19 June 2017 governing the Notes issued by the Issuer on 30 June 2017 (ISIN: LV0000802304) (hereinafter - the Terms and Conditions) instigated a Written Procedure to obtain the Noteholders' consent on amendments to the Terms and Conditions. In accordance with the proposed amendments the Issuer proposed to extend the maturity of the Notes by one year and to exclude the Net Debt/EBITDA financial covenant from the Terms and Conditions (please see the relevant announcement here: https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=932325&messageId=1174526).

   The Issuer would like to thank the Noteholders who have participated in the Written Procedure and submitted their votes so far, and kindly asks all the remaining Noteholders to be responsive and to submit their votes to the Issuer by 24 April 2020 (inclusive).

   The Issuer kindly reminds that in accordance with Clause 21.1 (e) of the Terms and Conditions a quorum in respect of a Written Procedure for approval of the proposed amendments exists if one or more Noteholders holding 50 (fifty) per cent in aggregate or more of the principal amount of the outstanding Notes (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. However, in order for the proposed amendments to become effective, the Issuer in accordance with Clause 21.1 (g) of the Terms and Conditions is obliged to receive a consent from the Noteholders holding at least 75 (seventy-five) per cent of the aggregate principal amount of the outstanding Notes (excluding the Notes held by the Issuer and the Related Parties) participating in the Written Procedure (i.e. replying to the request by submitting their votes in respect of the proposed amendments).

   The Issuer would like to note that for the purpose of calculation of the majority requirement provided in Clause 21.1 (g) of the Terms and Conditions the Notes held by the Noteholders who have not participated in the Written Procedure (i.e. who have not replied to the request by submitting their votes in respect of the proposed amendments and for this reason it should be deemed that those Noteholders have voted against the proposed amendments) will not be taken into account. Consequently, the proposed amendments will become effective, if: (i) one or more Noteholders holding 50 (fifty) per cent in aggregate or more of the principal amount of the outstanding Notes (excluding the Notes held by the Issuer and the Related Parties) will reply to the request by submitting their votes, and (ii) at least 75 (seventy-five) per cent of those will vote “for” the proposed amendments.

   Therefore, the Issuer stresses the importance of the Noteholders’ participation in the voting and kindly asks all the remaining Noteholders (including the Noteholders who do not support the proposed amendments) to submit their votes to the Issuer by 24 April 2020 (inclusive).

   In case of any questions related to the voting, the Issuer asks the Noteholders to contact Redgate Capital (e-mail: bonds[at]redgatecapital.eu) who is authorized to manage the voting process.

Baiba Onkele

AS Storent Investments CFO

Mobile: + 371 29340012

E-mail: baiba.onkele@storent.com

www.storent.com