Result of AGM

Ethernity Networks Ltd

27 November 2025

 

27 November 2025

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")

Result of AGM

Ethernity Networks Limited (AIM: ENET.L) (OTCMKTS: ENETF), a leading supplier of data processing semiconductor technology for networking appliances and PON, is pleased to confirm that at the Company's Annual General Meeting, held earlier today, all resolutions put to shareholders were duly passed on a poll. The voting results are set out in Appendix A at the end of this announcement.

For further information, please contact:

Ethernity Networks Ltd	Tel: [phone]
David Levi, Chief Executive Officer Tomer Assis, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser and Joint Broker)	Tel: [phone]
James Reeve / Piers Shimwell (Corporate Finance) Amrit Nahal (Sales and Corporate Broking)
CMC Markets UK plc (Joint Broker)	Tel: [phone]
Douglas Crippen
Peterhouse Capital Limited (Joint Broker)	Tel: [phone]
Lucy Williams / Duncan Vasey / Eran Zucker

About Ethernity Networks

Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF) provides innovative, comprehensive networking and security solutions on programmable hardware, enhancing telco/cloud network infrastructure capacity. Ethernity's semiconductor logic offers data processing functionality for various networking applications, alongside patented wireless access technology and fiber access media controllers, all equipped with control software boasting a rich set of networking features. Ethernity's solutions swiftly adapt to customers' evolving needs, accelerating time-to-market and facilitating the deployment of 5G over wireless and fiber infrastructure.

Appendix A

All resolutions and voting undertaken and counted in terms of Israel Companies Law
Resolution	Outcome	Votes For	Votes Against	% For	% Against	Votes Withheld
1.   Reappointment of the independent External Auditor	Passed	375,611,810	11,213,742	97.1%	2.9%	-
2.   Reappointment of Mr. Bennet as Member of the Board as an Independent Non- Executive Director	Passed	278,843,310	107,981,254	72.09%	27.91%	988

The approval of Resolutions 1 and 2 requires the affirmative vote of the majority of the Ordinary Shares.

Both Resolutions achieved the required majority to be approved.

Total votes cast were 386,825,552 representing 6.73% of the Company's total issued share capital.

 

END