Retail Offer

Cambridge Cognition (AIM: COG), the neuroscience technology company whose digital cognitive assessments drive scientific discovery, accelerate drug development and improve patient care, is pleased to announce a retail offer via BookBuild (the "Retail Offer") of new ordinary shares ("Ordinary Shares") of 1.0 pence each in the capital of the Company (the "Retail Offer Shares") at an issue price of 35.0 pence per Ordinary Share (the "Issue Price").

In addition to the Retail Offer, the Company is conducting a Placing and Subscription of new Ordinary Shares at the Issue Price (the "Placing", "Subscription", together with the Retail Offer, the " Equity Fundraising"). A separate announcement was made on 23 June 2026 regarding the Placing and the Subscription (the "Equity Fundraising Announcement"). For the avoidance of doubt, the Retail Offer is not part of the Placing or the Subscription.

Admission of the New Shares pursuant to the Retail Offer is expected to take place on 13 July 2026. Completion of the Retail Offer is conditional, inter alia, upon the completion of the Placing and the Subscription.

The Directors intend to use the net proceeds of the Equity Fundraising, inclusive of any additional proceeds from the Retail Offer, to support the next phase of the Company's development, focused on expanding adoption of its digital cognitive assessment platform within healthcare and clinical settings and progressing towards a more scalable, commercially focused business model.

Expected Timetable in relation to the Retail Offer

Capitalised terms in this announcement, unless otherwise defined, shall have the same meaning as in the Equity Fundraising Announcement.

Dealing Codes

Retail Offer

The Company values its retail shareholder base, which has supported the Company alongside institutional investors since IPO in 2013. Given the support of retail shareholders, the Company believes that it is appropriate to provide its retail shareholders in the United Kingdom the opportunity to participate in the Retail Offer. The Company is therefore making the Retail Offer available in the United Kingdom through the financial intermediaries which will be listed, subject to certain access restrictions, on the following website: https://www.bookbuild.live/deals/ZQZK0Q/authorised-intermediaries

The Retail Offer will be open to eligible investors in the United Kingdom at 7:05 a.m. on 24 June 2026. The Retail Offer is expected to close at 4:30 p.m. on 29 June 2026. Investors should note that financial intermediaries may have earlier closing times. The Retail Offer may close early if it is oversubscribed.

The Retail Offer the subject of this announcement is and will, at all times, only be made to, directed at and may only be acted upon by those persons who are, shareholders in the Company. To be eligible to participate in the Retail Offer, applicants must meet the following criteria before they can submit an order for Retail Offer Shares1: (i) be a customer of one of the participating intermediaries listed on the above website; (ii) be resident in the United Kingdom and (iii) be a shareholder in the Company (which may include individuals aged 18 years or over, companies and other bodies corporate, partnerships, trusts, associations and other unincorporated organisations and includes persons who hold their shares in the Company directly or indirectly through a participating intermediary). For the avoidance of doubt, persons who only hold CFDs, Spreadbets and/or similar derivative instruments in relation to shares in the Company are not eligible to participate in the Retail Offer.

The New Shares will, when issued, be fully paid and will rank pari passu in all respects with existing Ordinary Shares including the right to receive all dividends and other distributions declared, made or paid after their date of issue.

There is a minimum subscription of £100.00 per investor under the terms of the Retail Offer.

The Company's LEI is 213800SZKDIN122EPA96.

UK Product Governance Requirements

EU Product Governance Requirements