Statement re. Convertible Loan Note Facility

Summary by AI ^BETAClose X

AIQ Limited has announced an amendment to its convertible loan note facility, extending the expiration date to July 1, 2028, with all other terms remaining unchanged. This amendment was agreed upon with Noteholders Li Chun Chung, Soon Beng Gee, and Lee Chong Liang, who collectively hold 38.5% of the company's shares, and Li Chun Chung also serves as an Executive Director. The Independent Non-Executive Chairman and Non-Executive Director have deemed the terms of this related party transaction to be fair and reasonable for shareholders.

Disclaimer*

AIQ Limited

16 February 2026

AIQ Limited

("AIQ" or the "Company")

Statement re. Convertible Loan Note Facility

AIQ (LSE: AIQ) announces that Li Chun Chung, Soon Beng Gee and Lee Chong Liang (the "Noteholders") signed agreements (the "Agreements"), dated 12 February 2026, to amend certain terms of the convertible loan note instrument that was executed by the Company and the Noteholders on 24 January 2022 (the "Convertible Loan Note Facility"), as announced by the Company on 25 January 2022, 31 July 2023 and 24 February 2025.

Under the terms of the Agreements, the expiration date of the convertible loan notes has been extended to 1 July 2028. All other details of the Convertible Loan Note Facility remain unchanged and are as set out in the Company's announcement of 25 January 2022.

Related Party Transaction

The Noteholders are deemed to be related parties by virtue of their combined shareholdings of 38.5% and Li Chun Chung being an Executive Director of the Company. Harry Chathli and Dwight Mighty, being Independent Non-Executive Chairman and Non-Executive Director of the Company respectively, consider that the terms of the Agreements are fair and reasonable insofar as the Company's shareholders are concerned.

Enquiries

AIQ Limited	c/o +44 (0)20 4582 3500
Harry Chathli, Chairman

Guild Financial Advisory Limited (Financial Adviser)	+44 (0)7973839767
Ross Andrews

Gracechurch Group (Financial PR)	+44 (0)20 4582 3500
Claire Norbury

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