KR1 Plc - Ordinary Share Buy Back

Buybacks will be funded by the Company's income from digital assets. As it has done successfully since 2016, the Company will continue to allocate capital to new investments in decentralised platforms and protocols that are emerging to form new financial and internet infrastructures.

Any share buybacks will be carried out under the existing shareholder authorisation granted at the Extraordinary General Meeting held on 29 April 2024 for purchases of shares by the Company in the market for up to 14.99% of the Company's issued share capital. Buybacks will be conducted at the absolute discretion of the Board with periodic reviews. The Company has appointed Singer Capital Markets Securities Limited to conduct the buybacks.

Any acquisitions of shares by the Company will be announced to the market. Any shares acquired will initially be held in treasury and may be cancelled at a later date.

The minimum price which may be paid for a share is £0.0019 (being the nominal value of an ordinary share). The maximum price (exclusive of expenses) which may be paid for a share is the higher of: (i) 105% of the average of the middle market quotations for the shares (as derived from the Aquis Stock Exchange) for the five business days immediately preceding the day on which such share is contracted to be purchased; and (ii) the higher of the price of the last independent trade in the shares and the highest then current independent bid for a share on the trading venue where the purchase is carried out.

Due to the limited liquidity in the issued shares, any buyback of shares by the Company on any trading day may represent a significant proportion of the daily trading volume in the shares on Aquis and may exceed 25 per cent. of the average daily trading volume, being the limit laid down under Article 5(1) of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended, and, in such circumstances, the Company will not benefit from the exemption contained in that Article.

The Company confirms that it does not currently possess any unpublished price sensitive information, other than that which has been disclosed above.

For further information please contact:

KR1 plc

George McDonaugh

Keld van Schreven

Phone: +44 (0)1624 630 630

Email: investors@KR1.io

Peterhouse Capital (Aquis Corporate Adviser)

Mark Anwyl

Phone: +44 (0)20 7469 0930

Email: info@peterhousecap.com

SEC Newgate (Financial Communications)

Bob Huxford

Ian Silvera

Atif Nawaz

Phone: +44(0)20 3757 6882

Email: KR1@secnewgate.co.uk

Singer Capital Markets (Stockbroker to the Buyback)

Robert Peel (Investment Banking)

Alex Bond (Investment Banking)

James Fischer (Investment Banking)

Sam Greatrex (Sales)

Alan Geeves (Sales)

James Waterlow (Sales)

William Gumpel (Sales)

Phone: +44 (0)20 7496 3000

Email: enquiries@singercm.com

About KR1 plc

KR1 plc is a leading digital asset investment company supporting early-stage decentralised and open source blockchain projects. Founded in 2016 and publicly traded in London on the Aquis Growth Market (KR1:ASE), KR1 has one of the longest and most successful track records of investment in the digital assets space by investing in decentralised platforms and protocols that are emerging to form new financial and internet infrastructures.

www.KR1.io

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law (as defined in the European Union (Withdrawal) Act 2018).