4iG : Extraordinary Announcement of 4iG Plc. - on concluding an Investment and Shareholders’ Agreement

Extraordinary Announcement of 4iG Plc.

on concluding an Investment and Shareholders' Agreement

4iG Public Limited Company (referred to as: "4iG") hereby informs the participants of the capital market that today, 4iG's wholly owned subsidiary 4iG Space and Technology Private Limited Company (registered office: HU-1013 Budapest, Krisztina körút 39.; company registration number: Cg. 01-10- 142725; hereinafter referred to as: "S&T") has entered into an Investment and Shareholders' Agreement with Space Oddity Korlátolt Felelősségű Társaság (registered office: HU-1022 Budapest, Árvácska u. 6.; company registration number: Cg. 01-09-340991; hereinafter referred to as: "Space Oddity") to acquire a block of shares representing 45% of the issued ordinary shares of REMRED Technology Development Private Company Limited by Shares (registered office: HU-1121 Budapest, Konkoly-Thege Miklós út 29-33.; company registration number: Cg. 01-10-142448; hereinafter referred to as: "Remred") by way of a capital increase (hereinafter referred to as: "Investment").

The Investment will be implemented by S&T investing a total amount of EUR 25,000,000, - in Remred by way of a contribution in cash through a two-phased capital increase by share premium. Through the capital increase by share premium, S&T's shareholding will already reach 45% of Remred's issued share capital in Phase 1. During Phase 2, one part of the cash contribution will be transferred to the capital surplus. The deadline for the investment in Phase 2 is 31 January 2025 at the latest.

Remred is a Hungarian company which operates in the field of space industry, with almost 50 years of experience and expertise in space engineering and which is a partner and supplier to the world's leading space agencies, such as the European Space Agency (ESA), NASA and the Japanese Space Agency (JAXA). Remred is preparing to build a space technology centre, which - due to its modular technology and design, which is unique in Europe - will be suitable for assembling satellites weighing up to 400 kg. The acquisition will allow the 4iG Group to further strengthen its global presence in the satellite market and, with the realisation of the planned space technology centre, the Group will soon be able to enter the international manufacturing market.

The previously published extraordinary announcement and press release on the Investment are available at the following links: https://www.bet.hu/site/newkib/en/2024.02./Extraordinary_Announcement_of_4iG_Plc._on_the_est ablishment_of_4iG_Space_and_Technology_Plc._and_concluding_a_non- binding_Term_Sheet_129019679

https://4ig.hu/ur-es-technologiai-portfolio-sajtokozlemeny

Budapest, 02 May 2024

4iG PLC

Mailing address: H-1013 Budapest, Krisztina körút 39.

Phone: [phone]

Fax: [phone]

Email: [e-mail]

Internet: www.4ig.hu

4iG Plc.

4iG PLC

Mailing address: H-1013 Budapest, Krisztina körút 39.

Phone: [phone]

Fax: [phone]

Email: [e-mail]

Internet: www.4ig.hu