The following corporate debt programme has been approved for securities issued thereunder within five years of the publication of the programme memorandum to be admitted to the official list of the Cayman Islands Stock Exchange:

Name of Issuer:

Iwoca Oxygen PLC

Description of Programme:

Up to £30,000,000 7% Series D Sterling Bonds Guaranteed by iwoca Limited

Up to €10,000,000 7% Series D Euro Bonds Guaranteed by iwoca Limited

Date of Programme Memorandum:

14 March 2016

Date of Approval:

14 March 2016

Expiry of Approval:

13 March 2021