Result of Placing and Subscription

Frontier IP Group plc (AIM: FIPP), a specialist in commercialising intellectual property, is pleased to announce that further to the announcement made at 4.58 p.m. on 16 June 2026 (the "Launch Announcement"), the Placing has successfully closed at the Issue Price of 12 pence per share. The Company has conditionally raised gross proceeds of approximately £3.88 million in the Placing through the issue of 32,329,327 Placing Shares (comprising 6,889,820 Firm Placing Shares and 25,439,507 Conditional Placing Shares) and has conditionally raised gross proceeds of approximately £0.12 million in the Subscription through the issue of 1,004,007 Subscription Shares. Together, the Placing and the Subscription have conditionally raised gross proceeds of approximately £4.0 million (before expenses).

Allenby Capital Limited and Shore Capital Stockbrokers Limited acted as joint bookrunners in connection with the Placing.

In addition to the Placing and the Subscription, a separate conditional Retail Offer is being conducted via the BookBuild platform, to raise further proceeds of up to £0.4 million (before expenses) and is expected to close at 5.00 p.m. on 18 June 2026.

The Firm Placing is conditional upon, inter alia, First Admission becoming effective. The Placing and Subscription are conditional upon, inter alia, the Placing Agreement not having been terminated and becoming unconditional. The Conditional Fundraising is conditional, inter alia, upon Second Admission becoming effective and the Fundraising Resolutions required to implement the Conditional Fundraising being duly passed by Shareholders at the Company's General Meeting to be held at 5 St Helen's Place, London, EC3A 6AB at 9.30 a.m. on 15 July 2026.

Director Participation

Details of the Directors who participated in the Subscription are as follows:

*A further update on the Directors' percentage interests will be made following the Second Admission

Neil Crabb, CEO of Frontier IP, said:

"This fundraising will support Frontier IP in delivering on the significant value we see in our maturing portfolio. We were very pleased to receive support from a wide range of existing and new investors in a challenging market."

Admission, Settlement and Dealings

Application will be made for admission of the 6,889,820 Firm Placing Shares to trading on AIM and it is expected that First Admission will become effective and dealings in the Firm Placing Shares will commence at 8.00 a.m. on 23 June 2026. Immediately following First Admission, the issued share capital of the Company is expected to comprise 82,528,059 Ordinary Shares. Each Ordinary Share has one voting right and no Ordinary Shares are held in treasury. Accordingly, immediately following First Admission, the total number of voting rights in the Company will be 82,528,059. From First Admission, this figure may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Application will be made to the London Stock Exchange for the Conditional Fundraising Shares to be admitted to trading on AIM. Subject to the passing of the Fundraising Resolutions at the General Meeting, it is expected that Second Admission will become effective and dealings in the Conditional Fundraising Shares will commence at 8.00 a.m. on 16 July 2026, at which time it is also expected that the Conditional Fundraising Shares will be enabled for settlement in CREST.

Information to Distributors

UK product governance

Solely for the purposes of the product governance requirements contained within Chapter 3 of the FCA Handbook Product Intervention and Product Governance Sourcebook (the "UK Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the UK Product Governance Requirements) may otherwise have with respect thereto, the New Ordinary Shares have been subject to a product approval process, which has determined that such securities are: (i) compatible with an end target market of investors who meet the criteria of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in paragraph 3 of the FCA Handbook Conduct of Business Sourcebook; and (ii) eligible for distribution through all distribution channels (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, distributors (for the purposes of UK Product Governance Requirements) should note that: (a) the price of the New Ordinary Shares may decline and investors could lose all or part of their investment; (b) the New Ordinary Shares offer no guaranteed income and no capital protection; and (c) an investment in the New Ordinary Shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Placing. Furthermore, it is noted that, notwithstanding the Target Market Assessment, Allenby Capital and Shore Capital will only procure investors who meet the criteria of professional clients and eligible counterparties.

EEA product governance

Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on markets in financial instruments, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures in the European Economic Area (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the New Ordinary Shares have been subject to a product approval process, which has determined that the New Ordinary Shares are: (i) compatible with an end target market of (a) retail investors, (b) investors who meet the criteria of professional clients and (c) eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the "EU Target Market Assessment"). Notwithstanding the EU Target Market Assessment, distributors should note that: the price of the New Ordinary Shares may decline and investors could lose all or part of their investment; the New Ordinary Shares offer no guaranteed income and no capital protection; and an investment in the New Ordinary Shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Placing. Furthermore, it is noted that, notwithstanding the EU Target Market Assessment, Allenby Capital and Shore Capital will only procure investors who meet the criteria of professional clients and eligible counterparties.

Basis on which information is presented