1. 3 rd November 08

3. The original shareholders of the Group From left: Natalino Debono Raymond Debono Silvio Debono (Group Chairman) Guido Debono 1991

4. It all started way back in the early 80’s with the acquisition of the old Pot of Gold and a 9 room guesthouse. Pot of Gold in the 80’s 1984

5. The early nineties was characterised by a strategic decision to transform the company into a leading group in the hospitality industry. Initially the Seabank Hotel comprised 80 twin rooms, a pizzeria, pool bar, restaurant and lounge bar facilities. Seabank Hotel - Phase 1 1992

6. In late 1993 the Group acquired the Tunny Net complex, which is strategically located on the water’s edge some 200 metres away from the Hotel. During 1994/95, the building was completely demolished and a new complex constructed, comprising an a la carte restaurant, pub, disco club, beach lido and water sports facilities. Tunny Net Complex 1993/94

7. In line with the Group’s expansionist strategy, the Porto Azzurro complex was acquired in 1995. It incorporates a 99 room aparthotel complex supported with various amenities. During 1998, a further 25 hotel rooms were added to this complex. Part of this complex is today offered on timeshare basis. Porto Azzurro Resort Complex 1995

8. During the period 1996 - 2000 the Seabank Hotel underwent major modifications, increasing its room stock level to 251 with the inclusion of additional amenities such as conference facilities, indoor pool, sauna, and a gym. Seabank Hotel - Phase 2 - 3 1996 - 2000

9. In November 2000, the Group opened the Hard Rock Café in Malta under a franchise agreement. This was a first for the Group in establishing a direct partnership with such a world-renowned brand name. Hard Rock Café President Pete Beaudrault with Silvio Debono (Chairman) 2000

10. In June 2000, the Group acquired another property. After extensive renovations, this 300 room hotel was opened in early 2002. It targets the four star plus market. It is today operated under the name of Hotel San Antonio and Spa Resort. Hotel San Antonio and Spa Resort 2002

11. Hotel San Antonio and Spa Resort - Amenities

12. In 2002, the Tunny Net complex saw a number of conversions to its facilities, namely, the Waves 2 Disco Club into a theme Latino restaurant with an underlying pub area, the conversion of the Pot of Gold Pub into a souvenier shop and enhancements to finishings at the Trattoria De Buono. A renovated Tunny Net Complex 2002

13. 2004

14. 2006

15. Top of the Rock award Hard Rock Café Malta won this prestigious award in August 2004 June 2007

16. Seabank Hotel Refurbishment 2004/05

18. 2005

19. Property Development

20. 2007 Provision of in-flight catering services to Airmalta Provision of commissary services Transport activities for on/off loading of meals to Airmalta Joint venture with a local partner and Airest – Austria (Do & Co) Commenced operations on 1 st April 2007 Serving over 1.7 million meals a year

21. Provision of 1800 meals per day Hospital catering to Mater Dei, St. Luke’s and Sir Paul Boffa via a joint venture company with a local partner Introduction of state of the art technology – computerised re- generation trolleys Soft launch in July 2007 Fully operational by November 2007 Mater Dei Hospital 2007

22. What does the Group represent Owns and operates three resorts, one under the RIU brand. Total of 1600 beds Produces over 2000 meals per day, excluding breakfast Group asset base in excess of US$80,000,000 Human resource base numbers 800 Franchise rights for Hard Rock Café Industrial catering through joint ventures in in-flight and hospital in- patients meals

23. Hotel RIU Seabank Extension 2012 Extension of Hotel will see room capacity increase to around 550 rooms together with addition of state of the art spa centre, conference facilities and additional pool facilities.

24. 2014 This proposal entails the extension of the existing hotel by increasing the number of hotel rooms from 264 to 298 bedroom units and time-share apartments from 23 units to 91 units. Hotel San Antonio and Spa Resort extension

25. 2015 Building of 90 units having an internal footprint of 125 m 2 spread over a nine storey landmark building. Porto Azzurro extension