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  LSF XI Investments, LLC, a company advised by Lone Star Global Acquisitions, Ltd ( Lone Star ) notes the recent movement in Senior s share price. Lone Star confirms that on 20 May 2021 it made a third proposal to Senior regarding a possible cash offer for Senior at 176 pence (the Proposal ). The Proposal has been rejected by the Senior Board. Lone Star is considering its position.     As required by Rule 2.6(a) of the Code, Lone Star must, by not later than 5.00 p.m. on 25 June 2021, either announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline may be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the Code.

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