To all Members of Class 3 Protection and Indemnity NOTICE IS HEREBY GIVEN that a General Meeting of the Members of Class 3 – Protection and Indemnity, of The Britannia Steam Ship Insurance Association Europe (“Britannia Europe”) will be held at 53A rue Glesener, L-1631, Luxembourg on Tuesday, 6 January 2026 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 3, Protection and Indemnity, of Britannia Europe (the “Class 3 Rules”), be amended with effect from noon GMT on 20 February 2026 as set out in the Annexure”. The Annexure is attached to this Notice. By order of the Board H J Connell Company Secretary 4 December 2025 Notes 1. A Member of Class 3 – Protection and Indemnity 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 mailto:dkhandelwal@tindallriley.com. Annexure - Class 3 (P&I) Rule Changes for the 2026/27 Policy Year __________________________________________________________ 11/25 Class 3 (P&I) Rule Changes are set out below. The proposed changes 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 5 as follows: RULE 5 RIGHT OF RECOVERY 5.1 Right of Recovery If a Member shall be liable as set out in Rule 19 Risks Covered, in damages or otherwise, or shall incur any costs or expenses in respect of a Ship which was entered in the Association at the time of the casualty or event giving rise to such liability, costs or expenses, such Member shall be entitled to recover out of the funds of this Class of the Association the amount of such liability, costs or expenses to the extent and on the terms, conditions and exceptions provided by these Rules and by the Certificate of Entry Provided always that: 5.1.1 if a tonnage less than the Full Tonnage of the Ship was entered in the Association, the Member shall, unless the entry of the Ship has been accepted on special terms which otherwise provide, be entitled only to recover such proportion as the Entered Tonnage bears to the Full Tonnage of the Ship. 5.1.2 unless the Board (or, in the case of claims not exceeding USD2,000,000, the Committee) in its discretion otherwise determines, it shall be a condition precedent to a Member’s right to recover from the funds of the Association in respect of any liability, costs or expenses that the Member shall first have discharged such liability or paid such costs or expenses out of funds belonging to the Member unconditionally and not by way of loan or otherwise. ... EXPLANATION: This change is aimed at ensuring more comprehensive protection for the Association and its “pay to be paid” principle through the insertion of an express requirement that any liability must be paid by the Member out of funds which belong to it unconditionally. Amend Rule 20 as follows: RULE 20 RISKS SPECIFICALLY EXCLUDED 20 Risks Specifically Excluded 20.1 There shall be no recovery from the Association, except as otherwise provided in this Rule, in respect of: ... 20.1.16 Rights of recourse Liabilities, costs and expenses arising out of or in connection with contracts for carriage wholly or partly by sea to the extent such liabilities, costs and expenses