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12.5.2022 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES BOV 16,000 14,472.16 5 0.910 0.900 0.905 0.910 0.010 GO 1,600 5,024.00 2 3.140 3.140 3.140 3.140 0.000 HSB 4,850 3,834.50 3 0.820 0.790 0.790 0.820 0.005 MIA 15,000 87,000.00 2 5.800 5.800 5.800 5.800 0.000 MLT 14,950 10,913.50 2 0.730 0.730 0.730 0.730 0.000 MTP 5,000 5,250.00 1 1.050 1.050 1.050 1.050 -0.040 RS2 750 1,210.04 3 1.660 1.580 1.580 1.660 0.010 GOVERNMENT STOCKS G28B 100,000 118,200.00 3 118.200 118.200 118.200 118.200 0.310 G32A 10,000 12,470.00 1 124.700 124.700 124.700 124.700 0.450 G33A 5,000 6,125.00 1 122.500 122.500 122.500 122.500 0.160 G34A 5,000 6,087.50 1 121.750 121.750 121.750 121.750 0.240 G40A 10,800 11,793.60 2 109.200 109.200 109.200 109.200 0.670 CORPORATE BONDS AX29A 17,400 17,399.57 5 100.000 99.990 100.000 100.000 0.000 BV30B 20,000 19,699.30 3 98.500 98.490 98.490 98.500 0.010 GO31A 73,500 73,540.61 4 100.300 100.020 100.300 100.030 -1.370 GP26A 25,000 25,187.50 1 100.750 100.750 100.750 100.750 0.000 HD26A 2,000 2,039.80 1 101.990 101.990 101.990 101.990 2.190 HF27A 20,600 20,628.00 4 100.500 100.000 100.000 100.500 0.500 HF28A 2,000 1,999.80 1 99.990 99.990 99.990 99.990 0.490 HF29A 17,000 16,898.00 2 99.400 99.400 99.400 99.400 0.400 HM24A 2,000 2,060.00 1 103.000 103.000 103.000 103.000 0.000 HP25A 3,000 3,045.00 1 101.500 101.500 101.500 101.500 0.000 IH24A 15,200 15,422.04 2 101.500 100.010 101.500 100.010 -2.080 IH26B 5,600 5,599.44 1 99.990 99.990 99.990 99.990 0.000 MI22A 15,000 15,000.00 3 100.000 100.000 100.000 100.000 1.000 MI23A 5,200 5,200.00 1 100.000 100.000 100.000 100.000 1.990 MO31A 125,000 125,000.00 3 100.000 100.000 100.000 100.000 0.250 PC26A 3,100 3,131.00 1 101.000 101.000 101.000 101.000 0.000 PH28A 45,000 45,000.00 1 100.000 100.000 100.000 100.000 0.000 SD27A 4,900 4,924.50 1 100.500 100.500 100.500 100.500 0.000 SF27A 24,700 25,194.00 3 102.000 102.000 102.000 102.000 0.000 TI27A 10,000 10,000.00 2 100.000 100.000 100.000 100.000 0.000 VR27A 10,000 10,008.80 2 100.090 100.070 100.090 100.070 -0.020 Malta Stock Exchange Regulated Main Market Trading Date: 11 April 2022 Peloton shares plunge by 20% as losses rise and targets are missed PELOTON'S shares have taken another hit and plunged by 20% as Q1 results reveal that it missed revenue targets, cut sales guidance and reported a bigger quarterly loss than anticipated. e tech fitness company's mar- ket value has fallen by more than 80% over the last year as the pop- ularity it enjoyed during the pan- demic has tailed off. It reported revenues of £780m ($964m) in the first three months of 2022, down 24% from $1.26bn in the same quarter last year. Loss- es soared to $757m in the same pe- riod – up from $8.6m from 2021. Shares have already tumbled by around 60% this year but sank to record lows following the news. New boss Barry McCarthy – who replaced the previous chief execu- tive in February – described turn- ing the company around as "emo- tionally draining". He told investors: "Turnarounds are hard". e firm, which claims around 7 million members, also stated that subscription revenue was up 55% from last year. However, prices will be raising later this year which is likely to cause some to cancel the service. "Early indicators are that the churn related to that will be low, but we won't know until we know," said McCarthy. Investors were also warned that that growth will remain difficult, forecasting revenue for the up- coming quarter between $675m and $700m – around $6m less than analyst forecasts had previously predicted. "e balance sheet challenge has been managing inventory," said McCarthy, who previously worked at both Spotify and Netflix, He described the difficulties as a "cashflow timing issue, not a structural issue", saying: "We have too much for the current run rate of the business, and that inven- tory has consumed an enormous amount of cash, more than we ex- pected, which has caused us to re- think our capital structure." 3.8% HLF 2029 Peloton CEO Barry McCarthy

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