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Appointment of Auditor

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Satsuma Technology PLC announced the appointment of BDO LLP as its auditor as it prepares to move to the Equity Shares (Commercial Companies) Category of the Official List of the Financial Conduct Authority, a process referred to as "Uplisting". The company aims to complete the Uplisting on or before 30 December 2025. This appointment follows the appointment of Andrew Smith as CFO announced on 14 October 2025 and the appointments of Canaccord Genuity and Latham & Watkins announced on 16 October 2025.

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Satsuma Technology PLC [LSE: SATS] today announces that the board has approved the appointment of BDO LLP as auditor ahead of its proposed move from the Equity Shares (Transition) Category to the Equity Shares (Commercial Companies) Category of the Official List of the Financial Conduct Authority ("Uplisting").

This appointment follows the appointment of Andrew Smith as CFO announced on 14 October 2025 and the appointments of Canaccord Genuity and Latham & Watkins announced on 16 October 2025.

Satsuma aims to complete the Uplisting on or before 30 December 2025.

Henry K. Elder, CEO, commented:

"Our ambition to create an enduring, institutional-grade company rests upon a foundation of unimpeachable financial integrity. The appointment of BDO, a globally respected leader in assurance and advisory, is a testament to our commitment to that principle. This completes our team of top-tier advisors for the Uplisting, and alongside our new CFO, ensures we have robust financial oversight. We are methodically putting in place the people and partners required to build long-term trust and credibility in the market."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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