Eppley Fund Managers Limited (the “Offeror”), wishes to advise all Shareholders of Eppley Caribbean Property Fund Limited SCC of its intention to purchase a minimum of 20% and up to a maximum of 60% of the outstanding cellular Development Fund shares of Eppley Caribbean Property Fund Limited SCC (the “Company”) will be open for acceptance until 3:00 p.m. (Barbados time) on March 27, 2023 (the “Expiry Time”), unless withdrawn or extended by the Offeror.