Sullivan & Worcester LLP

London, UK, August 27, 2025 - International law firm Sullivan & Worcester (Sullivan) is pleased to announce that Matthew Cox has joined the firm as a Partner in its London office, further strengthening its market-leading trade and export finance practice and enhancing its capabilities in relation to the digitalisation of trade and trade finance. Matthew joins the firm from Holman Fenwick Willan. His arrival follows the promotion of Daniela Barrdear to partner in June 2025, reflecting Sullivan’s continued investment in its leading trade finance team. Matthew advises banks, funds, traders and producers in relation to structured trade and commodity finance, with particular expertise in pre-export and advance payment structures, borrowing bases, receivables, warehouse financing, commodity repos and ECA-backed financings. He also has considerable experience acting for fintechs, platform providers and non-bank capital providers, helping clients navigate the digitalisation of trade finance in jurisdictions including London, Dubai, Tokyo and Singapore. Geoffrey Wynne, head of Sullivan’s Trade & Export Finance Group and managing partner of the London office, said: “I am very pleased to welcome Matthew to Sullivan. He is highly respected in the trade and commodity finance sector and brings significant expertise that complements our existing strengths. His arrival enhances our ability to support clients across the full range of traditional and digital trade finance solutions, particularly as the market continues to evolve with new technologies and funding models.” Matthew Cox added: “This is an exciting time to be joining Sullivan. The market continues to evolve rapidly, with new sources of capital, an increasing role of non-bank lenders and the digitalisation of trade instruments all reshaping how transactions are structured. I am pleased to have joined the London team and look forward to helping clients navigate these changes, drawing on my experience across multiple jurisdictions and sectors.” – ENDS – About Matthew Cox Matthew received his LPC from The College of Law (now The University of Law) in 1998 and was admitted as a solicitor in England and Wales in 2001. With more than 20 years’ experience in commodities and trade finance, he focuses on structured trade and commodity finance, advising lenders and borrowers in financing the production, refining and transportation of commodities and structuring deals and complex cross-border financing arrangements for banks, traders, exporters and other participants in the global trade finance market. Matthew spent a number of years living and working in Dubai, Tokyo and Singapore and he is a member of the Law Society of England and Wales. About Sullivan Sullivan & Worcester is a global law firm with approximately 200 attorneys in Boston, London, New York, Tel Aviv and Washington, D.C. Sullivan’s clients, including Fortune 500 companies, leading financial services firms and asset managers, boards of directors, and emerging businesses, rely on Sullivan’s ability to navigate complex legal and operational landscapes, the impeccable judgment of its lawyers, and its commitment to best‑in‑class client service. For further information please visit the firm’s website and LinkedIn. Contacts: Geoffrey Wynne Partner, Sullivan & Worcester [email protected] +44 (0)20 7448 1001 Matthew Cox Partner, Sullivan & Worcester [email protected] +44 (0)20 7448 1009 Will Hulbert PR, Hulbert & Co. [email protected] +44 (0)7774 108 699

London – Monday, 02 June 2025  International law firm Sullivan & Worcester (Sullivan) is pleased to announce the promotion of Daniela Barrdear to partner in its award-winning Trade & Export Finance practice in London.  Since joining Sullivan as Counsel in 2023, Daniela has brought extensive experience advising on trade and commodity finance structures for banks, non-bank financial institutions, development finance institutions (DFIs) and multilateral organisations. Her strong expertise in supply chain finance, blended finance and export finance, particularly across emerging markets, has further enhanced the firm’s global financing capabilities.  Geoffrey Wynne, head of Sullivan's Trade & Export Finance Group and the firm's London office, said: “Daniela has made a tremendous impact since joining the firm. Her technical expertise, commercial insight and deep understanding of DFI mandates and supply chain finance in developing markets has been invaluable to our clients. She’s a key member of the team and I’m delighted to welcome her to the partnership.”  Daniela Barrdear added: “I’m delighted to join the partnership at Sullivan. I’m proud to be part of a dynamic team shaping the future of trade and export finance, particularly in emerging markets and in light of ongoing digitalisation and legal developments. With my focus on DFIs and innovation in supply chain finance, I look forward to continuing to help clients navigate the changing landscape.”  This promotion underscores Sullivan’s commitment to excellence in trade and export finance and its focus on supporting clients across complex cross-border financing with an emphasis on sustainability and development.  About Daniela Barrdear   Daniela advises on trade and commodity finance structures, acting for banks and non-bank financial institutions, development finance institutions and multilateral organisations as well as borrowers. She has deep knowledge of supply chain finance techniques, blended finance and export financing across the globe with a focus on emerging markets.   In 2024, she was recognised as one of the outstanding women in the trade, treasury and payments industry by Trade Finance Global (TFG) in its annual Women in Trade, Treasury & Payments 2024 awards and is a member of the British Exporters’ Association’s governing Council.  Daniela leads the firm’s work with the European Bank for Reconstruction and Development (EBRD) having recently worked closely with the client to develop template documentation for EBRD’s SCF programme.  – ENDS –  About Sullivan Sullivan & Worcester is a global law firm with approximately 200 attorneys in Boston, London, New York, Tel Aviv and Washington, D.C. Sullivan’s clients, including Fortune 500 companies, leading financial services firms and asset managers, boards of directors, and emerging businesses, rely on Sullivan’s ability to navigate complex legal and operational landscapes, the impeccable judgment of its lawyers, and its commitment to bestinclass client service.  For further information please visit the firm’s website and LinkedIn.  Contacts:  Geoffrey Wynne Partner, Sullivan & Worcester [email protected] +44 (0)20 7448 1001  Daniela Barrdear Partner, Sullivan & Worcester [email protected] +44 (0)20 7448 1012  Will Hulbert PR, Hulbert & Co. [email protected] +44 (0)7774 108 699   

Sullivan & Worcester (Sullivan) has recently advised the European Bank for Reconstruction and Development (EBRD) in relation to two innovative supply chain finance (SCF) transactions. In the first transaction, Sullivan advised EBRD in its unfunded risk participation in Türkiye’s Akbank SCF program in favour of Sok, a leading retailer in Türkiye. The programme makes it possible for over 100 suppliers – primarily small and medium-sized businesses that are mostly based in cities struck by the 2023 earthquakes that claimed over 55 thousand lives – to benefit from the SCF program for the first time, providing them with access to affordable working capital solutions. The deal is supported by the European Commission’s IPA II Fund. The EBRD signing ceremony in Ankara for the launch of the Akbank deal was held in November 2024, attended by counsel Daniela Barrdear. It was also attended by Head of the Delegation of the European Union to Türkiye, Ambassador Thomas Hans Ossowski, President of the EBRD, Odile Renaud-Basso, Türkiye’s Minister of Industry and Technology, Mehmet Fatih Kacır and Akbank CEO, Kaan Gür. In the second transaction, working together with Kinstellar, Sullivan advised EBRD, which partnered with Banca Transilvania, to enhance the SCF programme for Profi Rom Food, a leading retail chain operating in Romania. The EBRD’s unfunded risk participation will help grow Profi’s existing SCF program for the benefit of its suppliers and marks the EBRD’s first SCF initiative in Romania aimed at strengthening a domestic value chain. The Sullivan team advising EBRD is led by counsel Daniela Barrdear, with London partner Geoffrey Wynne. For more information about the Akbank SCF program in favour of Sok, here, and for the Profi Rom Food SCF programme, please click here.