Amendment and Grant of Share Options

The Board of Quantum Blockchain Technologies Plc (AIM:QBT) wishes to inform its shareholders regarding the amendment of the exercise date of 52 million already granted Options over QBT’s ordinary shares of 0.25 pence each in the Company (Options), as follows:

28,500,000 Options with exercise price at 5p:

For all these Options the new exercise date is on or before 6 May 2026.

Notably, within the above Options are included the following ones, issued to the Non-Executive Directors (the “NED Options”):

Peter Fuhrman

2,500,000 Options with exercise price at 5p and (previous) exercise date on or before 15 December 2024

2,500,000 Options with exercise price at 10p and (previous) exercise date on or before 15 December 2024

Mark Trafeli

2,500,000 Options with exercise price at 5p and (previous) exercise date on or before 15 December 2024

Moreover, the Company has also issued new 2,000,000 Options to a consultant, as follows:

• 1,000,000 Options with exercise price at 5p and exercise date on or before 06 May 2026
• 1,000,000 Options with exercise price at 10p and exercise date on or before 06 May 2026

The Company now has outstanding Options over 134,500,000 Ordinary Shares exercisable at 5 pence and Options over 134,500,000 Ordinary Shares, exercisable at 10 pence. These Options expire during 2026. The number of Options still available to be issued (as duly authorised at the General Meeting held on 6 May 2022) is 31,000,000.

Related Party Transaction

As 7,500,000 Options are held by Mark Trafeli and Peter Fuhrman, both non-executive directors of the Company, the extension to the expiry date of the NED Options is considered to be a related party transaction pursuant to AIM Rule 13 of the AIM Rules for Companies.

Accordingly, Francesco Gardin, being the director independent of the extension of the NED Options considers, having consulted with the Company’s nominated adviser, that the terms of extension of the NED Options is fair and reasonable in so far as ordinary shareholders are concerned.

• Name: Peter Fuhrman
• Reason for the notification
• Position/status: Non-Executive Director
• Initial notification/Amendment: Amendment
• Name: Quantum Blockchain Technologies Plc
• LEI: 213800FC5DEC582CRZ89
• Description of the financial instrument, type of instrument: Identification code: Warrants on Ordinary shares of 0.25p each
• Nature of the transaction: Extension of exercise date
• Price(s) and volume(s): Price(s) Volume(s) 5p 2,500,000 10p 2,500,000
• Aggregated information: Aggregated volume: Price: Single transaction as in 4 c) above Price(s) Volume(s) 5p 2,500,000 10p 2,500,000
• Date of the transaction: 10 December 2024
• Place of the transaction: Outside of a trading venue
• Details of the person discharging managerial responsibilities/person closely associated
• Name: Mark Michael Trafeli
• Reason for the notification
• Position/status: Non-Executive Director
• Initial notification/Amendment: Amendment
• Name: Quantum Blockchain Technologies Plc
• LEI: 213800FC5DEC582CRZ89
• Description of the financial instrument, type of instrument: Identification code: Warrants on Ordinary shares of 0.25p each
• Nature of the transaction: Extension of exercise date
• Price(s) and volume(s): Price(s) Volume(s) 5p 2,500,000
• Aggregated information: Aggregated volume: Price: Single transaction as in 4 c) above Price(s) Volume(s) 5p 2,500,000
• Date of the transaction: 10 December 2024
• Place of the transaction: Outside of a trading venue