Strategic Review

Further to the Company's announcement on 26 November 2026, and following recent media speculation, the board of directors of the Company confirms it has decided to undertake a review of the Company's strategic options, which will include the consideration of a range of potential alternatives to maximise shareholder value, including, but not limited to a potential sale of the Group, or some of the Company's assets and/or business units.

The board has appointed Morgan Stanley & Co. International plc and Rothschild & Co as its joint financial advisers in connection with the strategic review.

Shareholders are advised that there is no certainty that any transaction will materialise, nor as to the terms of any transaction.

Further announcements will be made when and if appropriate.

Find out more at: https://www.evokeplc.com

The City Code on Takeovers and Mergers

The City Code on Takeovers and Mergers (the "Code") does not apply to the Company as it is registered in Gibraltar. As a result, a takeover offer for the Company will not be regulated by the UK Panel on Takeovers and Mergers (the "Panel"). The Company's articles of association contain certain takeover-related provisions, although these do not provide the full protections afforded by the Code and the enforcement of such provisions is the responsibility of the Company, not the Panel. Accordingly, shareholders of the Company are reminded that the Panel does not have responsibility, in relation to the Company, for ensuring compliance with the Code and is not able to answer shareholders' questions in that regard.

In particular, public disclosures consistent with the provisions of Rule 8 of the Code (as if it applied to the Company) should not be emailed to the Panel, but as described below, released directly through a Regulatory Information Service.