Shareholder Loans & Related Party Transactions

The Board of the Company has entered into two additional loan agreements for in aggregate €125,000 with a DCI shareholder to provide additional working capital to the Company (the "Shareholder Loan"). As of today, the Company has 11 loans outstanding from different shareholders amounting to approximately €2.8 million. As previously announced, the first loan was made before September 2023 had identical terms to others drawn at that time (other than their date of initiation and currency of denomination) and was for a 12-month term bearing an interest rate of 12 per cent. p.a., with no fees payable on disbursement or repayment. The ten 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 therefore last 12 months. The Company's intention is to repay all outstanding Shareholder Loans from the proceeds of the sale of Company assets.

Related Party Transaction

The new Shareholder Loan agreement for €100,000 has been entered into with Nick Paris who is a co-Managing Director of the Company and who controls 0.18% of the issued share capital of the Company. Accordingly, the entering into of this Shareholder Loan agreement with him is deemed to be a related party transaction pursuant to Rule 13 of the AIM Rules for Companies.

A new Shareholder Loan agreement for €25,000 was also entered into with Nick Paris on 12 February 2025. The entering into of this Shareholder Loan agreement with him is also deemed to be a related party transaction pursuant to Rule 13 of the AIM Rules for Companies.

The Company is also amending the terms of the first Shareholder Loan agreement entered into with Nick Paris in April 2024, to extend the original 12 month settlement period by six months to 15 October 2025. The amending of the terms of the April 2024 Shareholder Loan agreement with Nick Paris is also deemed to be a related party transaction pursuant to Rule 13 of the AIM Rules for Companies.

The Company's directors (excluding Nick Paris) consider, having consulted with the Company's Nominated Adviser, Cavendish Capital Markets Limited, that the terms of the Nick Paris Shareholder Loan agreements, as described above, and the amendment to the terms of the 2024 Shareholder Loan agreement with Nick Paris are fair and reasonable insofar as the shareholders are concerned.