Assignment of CLN Investment in EVOO AI plc

Sealand Capital Galaxy Limited (LSE: SCGL) notes recent market commentary and public regulatory filings regarding EVOO AI plc ("EVOO"), and announces that it entered into an agreement to assign its £300,000 Convertible Loan Note, together with associated warrants in EVOO, to VBG Consulting Holdings Limited, an unconnected third-party, for a cash consideration of £250,000.

Details of the Company's investment in, and relationship with, EVOO were set out in the Company's prospectus, dated 7 November 2025. The Master Services Agreement between the Company and EVOO, detailed in the prospectus, was not implemented and, following a review of corporate priorities, the parties did not pursue the SEA-VOO initiative further.

This is consistent with the Company's evolving corporate focus and previously communicated approach. Following completion of the assignment, the Company will have no remaining financial interest in EVOO.

Siqi (Daniel) Cao, Chief Executive Officer, commented:

"The completion of this transaction reflects our current priorities. It simplifies the Company's position, removes non-core exposure and allows management to remain focused on advancing Sealand's core opportunities. Building on the repositioning already undertaken, our focus is now on strengthening Sealand's technology and investment platform, progressing commercial opportunities and executing the next phase of the Company's growth strategy."