To all Members of Class 6 Freight, Demurrage & Defence NOTICE IS HEREBY GIVEN that a General Meeting of the Members of Class 6 – Freight, Demurrage & Defence of The Britannia Steam Ship Insurance Association Limited (“Britannia Europe”) will be held at 53A rue Glesener, L-1631, Luxembourg on Tuesday, 7 January 2025 at 09:30 GMT (10.30 CET) for the purpose of considering and, if thought fit, passing the following ORDINARY RESOLUTION: "That, the Rules of Class 6, Freight, Demurrage & Defence, of Britannia Europe (the “Class 6 Rules”), be amended with effect from noon GMT on 20 February 2025 as set out in the Annexure”. The Annexure is attached to this Notice. By order of the Board. H J Connell Company Secretary 2 December 2024 Notes 1. A Member of Class 6 – Freight, Demurrage & Defence entitled to attend and vote may appoint a proxy to attend and vote in their stead. Such proxy must be a Member of the Association or the duly authorised representative of a body corporate which is a Member. 2. A Member may attend the meeting remotely and access details can be obtained from dkhandelwal@tindallriley.com . Annexure - Class 6 (FD&D) Rule Changes for the 2025/26 Policy Year _____________________________________________________________ 12/24 The proposed Class 6 (FD&D) Rule Changes are set out below. The amendments are set out below with additional wording underlined. The words struck through are to be removed from the text of the existing Rules. Amend Rule 20 as follows: RULE 20 RISKS SPECIFICALLY EXCLUDED 20 Risks Specifically Excluded 20.1 Subject always to the absolute discretion of the Board (or, in the case of claims not exceeding USD2,000,000, the Committee) under Rule 32.1 Sole Discretion to Decide, there shall be no recovery from the Association in respect of Costs which arise in respect of: ... 20.1.8 Sanctions Matters where the provision of cover or a payment by the Association in respect thereof may expose the Association or an affiliated Association or the their respective Managers or any branch offices thereof to the risk of being subject to any Sanction, penalty, prohibition or any adverse action by a state, international or supranational organisation or other competent authority. ... EXPLANATION: This amendment is intended to increase the protection of the Association by excluding liability where the provision of cover could expose to sanctions any affiliated Association, or the managers of that Association, or any branch offices of the Associations or the relevant managers. Amend Rule 33 as follows: RULE 33 CESSER OF ALL INSURANCES 33 Cesser of All Insurances A Member shall cease to be insured by the Association in respect of all Ships entered by the Member upon the happening of any of the following events: ... 33.3 Failure of Corporation If, being a corporation, an effective resolution is passed for voluntary winding up or it applies to the court to be wound up or an order is made by the court for its compulsory winding up or it is dissolved or upon the appointment of a receiver or manager in respect of all or part of the corporation’s business or upon possession being taken of any property of the corporation under the provisions of a charge secured upon that property or upon its entering into or becoming subject to any composition or arrangement with its creditors or upon its commencing or being the subject of any proceedings before a court, arbitration tribunal, dispute resolution body or equivalent, of competent jurisdiction