Capital Structure

The authorised capital of the Company is unlimited with no par value.

As at 22 December 2025 the Company’s capital structure consists of:

Issued share capital 11,547,931,674 common shares of no par value
Share Options
Share options outstanding at between £0.0072 and £0.014 expiring between 31 December 2025 and 31 July 2027

640 million
Share Warrants
Share Warrants exercisable at between £0.0011 and £0.0008 expiring between 1 July 2026 and 31May 2028
361.7 million

The Company is aware of the following holders of more than 3% of its issued share capital (24 October 2025):

Bennelong Limited4.97%
Gilmore Capital Limited2.8%

In accordance with AIM Rule 26, in so far as the Company is aware and as of the date above, 3.14% of the Company’s issued share capital is not in public hands.