Murano Global Investments MRNO

Murano Global Investments PLC is an international development corporate group focused on the structuring development and assessment of industrial residential corporate office and hotel projects in Mexico. The company aims to create competitive investment vehicles for the acquisition consolidation operation and development of real estate assets. It provides comprehensive services including execution construction management and operation of industrial business tourism real estate projects among others. The company has a national footprint and international outreach targeting institutional real estate investors.

Murano Global Investments PLC generates revenue primarily through the operation of its hotel properties and related hospitality services. The company owns and operates hotels under internationally recognized brands such as Andaz and Mondrian in Mexico City and Vivid and Dreams in Cancun. Revenue is derived from room sales food and beverage services event hosting and ancillary amenities such as spas gyms and retail outlets. The company serves leisure and business travelers including international visitors from the United States Canada and other global markets.

The company operates through the following segments: Operational Hotels Project Under Completion and Projects to be Developed.

• Operational Hotels includes the Andaz Hotel and Mondrian Hotel in Mexico City and the Vivid Hotel in Cancun which are currently operational and generating revenue. These properties are managed under long-term agreements with Hyatt and Accor and offer amenities such as restaurants bars spas gyms and event spaces.

• Project Under Completion refers to the Dreams Hotel in the GIC Complex in Cancun which is a family friendly all-inclusive hotel under construction and expected to open in the fourth quarter of 2025. The project includes enhancements to meet global brand standards and expanded meeting and event spaces.

• Projects to be Developed encompasses future developments such as GIC Phase II involving approximately 1254 condominiums in Cancun the Baja Cruise Port with a capacity of two million passengers per year the Baja Marina with 15000 linear ft slip spaces the Baja Retail Village with 45000 sqm leasable area the Resort Property in Baja with two five-star resorts and the Baja Park Development Project in Ensenada with 363262 sqm of leasable space. These projects are subject to planning environmental approvals and financing availability.

Murano Global Investments PLC holds a competitive position in the Mexican luxury hotel market due to its strategic locations in Mexico City and Cancun strong brand affiliations with Hyatt and Accor and high-quality amenities. The company benefits from natural hedging of U. S. dollar-denominated revenues against peso-based operating expenses. Its properties are situated in high-demand areas with barriers to entry and access to major international gateway markets. The company leverages partnerships with world-class designers constructors and hotel operators to enhance asset value and performance.

The company serves leisure and business travelers including international tourists from the United States Canada Europe and other regions. Its customers include guests staying at its operational hotels attendees at conferences and events hosted at its properties and users of ancillary facilities such as spas restaurants and retail outlets. The company targets individuals seeking premium accommodations in Mexico's top business and leisure destinations.