Ireland – Financial consultancy, financial transaction processing and clearing-house services – For the provision of Business Process Services to Support Enterprise Ireland Programmes across Two (2) Lots

Enterprise Ireland’s Investment Services Division incorporates an Equity Team, who support Enterprise Ireland’s Investment Committee in processing and addressing consent matters with the overarching objective of safeguarding the commercial rights and obligations of Enterprise Ireland relative to its Equity Instruments. Prior to 2020, Enterprise Ireland’s Equity Team primary “live” equity instruments included: • Convertible Cumulative Redeemable Preference Share, • Cumulative Redeemable Preference Share To supplement the above Equity Instruments, Enterprise Ireland initiated a range of additional supports to help Irish businesses to rebuild after the impact of Covid-19. These supports enabled Irish businesses to stabilise cashflow, adapt their operations and innovate to meet new customer needs. These liquidity and medium-term financial supports have been delivered under the ‘Sustaining Enterprise Fund’, initially launched in April 2020. The ‘Sustaining Enterprise’ fund allowed for a support package of up to €800,000 to be made available to qualifying companies. This included companies at different stages of development and growth ranging from established companies to small enterprises and start-ups. Packaged support for Enterprise Ireland clients under the ‘Sustaining Enterprise Fund’ includes a non-repayable grant of up to €200,000 together with a Repayable Advance (“RA”) of up to €600,000. Each RA is supported by a signed letter of offer, setting out the detailed terms and conditions, including Enterprise Ireland’s standard consent rights at March 2022, Enterprise Ireland’s Repayable Advances (“RA”) Portfolio consisted of: Client Portfolio: Approximately 700 RA Clients RA Repayment Terms • RA Range: Typical RA’s range between €20,000 and €600,000 • Initial 3 Years Post Investment: No repayments are scheduled in the first 3 years, preceding the initial investment • Years 4 and 5: The capital sum advanced together with administration charge are to be returned in years 4 and 5 • Repayment Schedule: A calculation of repayments is appended to all signed letters of offer. Typically, repayments are agreed on a monthly basis (however, there are instances of equivalent quarterly repayments) Administration Charge • A zero administration charge applies for first 6 months (from investment date) • Thereafter, an administration charge of 4% applies • Administration fee is accrued (and not payable) In addition, Enterprise Ireland expects to add more clients to this portfolio under the “Enterprise Resilience Initiative: Stream One” in Q4 2022. The Enterprise Resilience Initiative: Stream One has similar conditions to the Sustaining Enterprise Fund, with eligible companies applying for financial support from Enterprise Ireland and 50% of the total amount (up to a maximum of €500,000) of approved support, will be in grant support. The number of companies that will avail of the measure is estimated to be up to 125 companies (This may vary depending on the extent of the impact the crisis in the Ukraine is having on Irish enterprise). Enterprise Ireland’s intention is for the establishment of a Portfolio Servicing Framework for use as required by Enterprise Ireland in the context of the SEF portfolio management and the ERI: Stream One portfolio of companies. The Initial Contract under the Framework Agreement for Lot 1, will cover the provision of services to include: a. Portfolio Review b. Consent Maintenance c. Portfolio Servicing and Administration d. Integration to Enterprise Ireland’s Financial Systems