Exercise of Stock Options and Total Voting Rights

MicroSalt plc (AIM: SALT), a leading provider of full-flavour natural salt with approximately 50% less sodium, announces that 165,591 ordinary shares of £0.001625 each in the capital of the Company ("Ordinary Shares") ("Option Shares") have been allotted to a shareholder to satisfy the exercise of options over Ordinary Shares.

Options over an aggregate of 400,000 Ordinary Shares were exercised on a cashless basis under an option agreement entered into in September 2023. Due to the cashless basis of the exercise a total of 165,591 Option Shares were allotted and issued. Pursuant to the terms of the option agreement, the exercise price of each Option Share was US$0.545.

Application has been made to the London Stock Exchange for admission of the Option Shares to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 7 February 2025.

Following the issue of the Option Shares, which on Admission will rank pari passu with the existing Ordinary Shares, the total number of Ordinary Shares in issue with voting rights in the Company will be 51,820,276. There are no Ordinary Shares held in treasury.

The above figure of 51,820,276 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 change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Tim Thompson / Alison Allfrey / Anna Probert microsalt@flagstaffcomms.com