Further Shareholder Loan

The Board of the Company has entered into another loan agreement for €350,000 with a DCI shareholder to provide additional working capital to the Company (the "Shareholder Loan"). The shareholder providing this loan has previously entered into a loan agreement with the Company for €350,000 in October 2023. To date, the Company has received seven loans of €350,000 each and two loans from funds managed by a single shareholder amounting to US$330,000 in aggregate. The first six loans made up to September 2023 have identical terms to one another (other than their date of initiation and currency of denomination) and are for a 12-month term bearing an interest rate of 12 per cent. p.a., with no fees payable on disbursement or repayment. Shareholder Loans made after September 2023 have identical terms with the previous loans, except that there is no right of prepayment by the Company and they will therefore last 12 months. The Company's intention is to repay all outstanding Shareholder Loans from the proceeds of the sale of Company assets. When combined with the Shareholder Loans announced previously, all of the Shareholder Loans received to date are now expected to total up to €3.1 million in aggregate.

As previously announced, collateral in the form of security over certain Company assets will be put in place using normal commercial terms which will exceed the aggregate value of each of the loans. In addition, the Board has agreed that the Company will guarantee the repayment of the latest loan and all Shareholder Loans received to date.