Result of General Meeting

Mirriad (AIM: MIRI), a leading virtual in-content advertising and virtual product placement company, is pleased to announce that, at its General Meeting held earlier today, all of the Resolutions were duly passed on a show of hands without amendment. Proxy votes received from Shareholders on each Resolution were as follows:

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "in favour" or "against" the resolutions. The number of Ordinary Shares in issue on 23 May 2024 was 543,060,404. Shareholders were entitled to one vote per share.

Accordingly, the Conditional Placing and the Retail Offer, details of which were set out in the Company's announcement on 2 May 2024 (the "Launch Announcement") are expected to complete, conditional on Second Admission (as defined below), at 8.00 a.m. on 28 May 2024 (or such later time and/or date as Allenby Capital, Baden Hill and the Company may agree, but in any event by no later than 8.00 a.m. on 10 June 2024).

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for a total of 475,140,490 new Ordinary Shares (comprising the Conditional Placing Shares and the Retail Offer Shares) to be admitted to trading on AIM ("Second Admission"). It is expected that Second Admission and dealings in the 475,140,490 new Ordinary Shares will commence at 8.00 a.m. on 28 May 2024 and they will rank pari passu with the existing Ordinary Shares. Following Second Admission, the enlarged share capital of the Company will consist of 1,018,200,894 Ordinary Shares, none of which are held in treasury. Therefore, the total number of voting rights in the Company will be 1,018,200,894 and this figure may be used by Shareholders 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.

Update re Board changes

As stated in the Launch Announcement, James Black will join the Board as a non-executive Director and Chairman elect following the completion of the Fundraising. i.e. following the publication of the Company's annual report and accounts for the year ended 31 December 2023 and subsequent completion of the Directors' Subscription. James will be formally appointed as Chairman of the Company following the AGM, at which point John Pearson will step down as Chairman but remain as a non-executive Director during a transition period.

This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 7 May 2024, a copy of which is available on the Company's website at: https://www.mirriadplc.com/investor-relations.