Increase in Debt Facilities to Support M&A

Elixirr International plc ("Elixirr", the "Company" or, together with its subsidiary undertakings, the "Group"), an established, global award-winning challenger consultancy, is pleased to have agreed an increase in the Group's revolving credit facility (the "Facility") with National Westminster Bank Plc from £45 million to £65 million and the option of a US$20.25 million term loan (the "Loan") to support delivery of the Group's organic and inorganic growth strategy, whilst limiting equity dilution.

The key terms of the Facility are:

• £65 million facility with the flexibility to be drawn in multiple currencies, including Pound Sterling and United States Dollar;
• unchanged interest rate margin of 1.95 - 2.60 per cent, dependent on leverage, over SONIA (Sterling Overnight Index Average) or SOFR (Secured Overnight Financing Rate), dependent on currency;
• revolving facility, with flexibility to be drawn and repaid, with the undrawn portion only subject to a commitment fee of 35 per cent of the above margin;
• standard leverage and interest cover covenants; and
• four-year term, with a one-year extension option if mutually agreed.

The key terms of the Loan are:

• US$20.25 million loan to be drawn in United States Dollar;
• available to be drawn within one month of signing with no arrangement fee payable if not drawn;
• interest rate margin equivalent to the Facility; and
• quarterly capital repayments commencing in June 2026, with the Loan fully repaid by June 2027.

Stephen Newton, Founder & CEO of Elixirr, commented:

"We are pleased to have secured this increase in our debt facilities, which strengthen our ability to pursue M&A as a core part of our growth strategy while maintaining discipline around equity dilution and shareholder value."