OFFICIAL STATEMENT: Unicomer heads to Privy Council over court tax ruling

Kingstown, Saint Vincent, 22-04-2024: Unicomer St. Vincent Ltd. is and has been committed to
following all laws and policies of Saint Vincent and the Grenadines, as well as all other countries
in which we operate.

We firmly believe, based on specialist tax and legal advice, that we have fully complied with all
tax regulations in Saint Vincent, which is why we are now moving to appeal the judgment to the
Privy Council, Saint Vincent’s highest appellate court. This is a corporate matter that has no
impact on Courts or our staff members. Any step taken will consider our business continuity, the
well-being of our staff members, customers and continuous support to the community.

Responsibility and integrity are two of our core values, and we are committed to continuing our
business through this ethics. Unicomer Group has been present in the country since 1987,
supporting the communities and remaining committed to economic and social development.
We will continue to engage with local authorities to resolve this situation.

We have shared our commitment with Vincentians through many programs, including business
development, discount support, credit access, layaways, and other Social Responsibility
projects. Our agile and broad financial services portfolio is a testament to our dedication in
supporting micro-entrepreneurs, the self-employed sector and all of those seeking for solutions
whether it is for their personal needs or businesses. We believe in this market, and we don’t
intend to leave Saint Vincent. We will continuously work under the most stringent governance
and ethical standards.

About Unicomer Group for the Caribbean

The Unicomer Group operates in 26 countries from its headquarters in El Salvador and has over
13,700 staff members. The company offers its customers the widest and most modern line of
products and financial services across the countries of operations. The retail brands of the
Unicomer Group include Courts, Courts Optical, Ashley Furniture HomeStore, RadioShack, Lucky
Dollar and Servitech.

This has been a paid announcement.