Notice of Conversion of Advance

Further to the approval of the Investment Agreement dated 18 July 2025 by shareholders at a General Meeting held on 6 August 2025, the Company has received conversion notices totalling £1,650,000 from the Investors.

Pursuant to the terms of the Investment Agreement, the conversion price has been calculated at 0.235p and this represents a discount of approximately 21.7% to the closing mid-price of the Company's existing Ordinary Shares on 18 September 2025 (the day prior to the conversion notice being received). This will result in the allotment of 702,127,658 new Ordinary Shares.

Admission and Total Voting Rights

Applications have been made for the new ordinary shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on 25 September 2025.

Upon Admission, the Company's issued ordinary share capital will consist of 7,716,654,294 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 7,716,654,294. With effect from Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations 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.

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