The Einstein vacuum equations in five dimensions with negative cosmological constant are studied in biaxial Bianchi IX symmetry. We show that if initial data of Eguchi-Hanson type, modelled after the four-dimensional Riemannian Eguchi-Hanson space, have negative mass, the future maximal development does not contain horizons, i.e. the complement of the causal past of null infinity is empty. In particular, perturbations of Eguchi-Hanson-AdS spacetimes within the biaxial Bianchi IX symmetry class cannot form horizons, suggesting that such spacetimes are potential candidates for a naked singularity to form. The proof relies on an extension principle proven for this system and a priori estimates following from the monotonicity of the Hawking mass.

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