IQE plc: Conclusion of Strategic Review

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Name	Number of Ordinary Shares to be issued	Total Reinvestment
Lombard Odier	64,765,299	£12,823,529.24
Artisan Partners LP	45,361,613	£8,981,600.00
Killik & Co LLP	2,747,800	£544,064.44
Mark Cubitt	1,295,305	£256,470.46
Bami Bastani	518,122	£102,588.24
Rodney Pelzel	194,295	£38,470.46
Tom Dale	129,528	£25,646.61
TOTAL	115,011,962	£22,772,369.75

Summary by AI ^BETAClose X

1. it is a Relevant Person and undertakes that it will acquire, hold, manage or dispose of any Placing Shares that are allocated to it for the purposes of its business only;

6. the Company and Peel Hunt will rely upon the truth and accuracy of the foregoing representations, warranties, acknowledgements and agreements.

1. Peel Hunt is acting as a sole global co-ordinator, sole bookrunner and agent of the Company in connection with the Placing.

2. Participation in the Placing will only be available to persons who may lawfully be, and are, invited to participate by Peel Hunt. Peel Hunt and its agents and aﬃliates are each entitled to enter bids in the Bookbuild as principal.

6. The Bookbuild is expected to close no later than 7 a.m. (London time) on 28 April 2026, but may be closed earlier or later at the absolute discretion of Peel Hunt. Peel Hunt may, in agreement with the Company, accept bids that are received after the Bookbuild has closed.

9. By participating in the Bookbuild, each Placee will agree that its rights and obligations in respect of the Placing will terminate only in the circumstances described below and will not be capable of rescission or termination by the Placee after confirmation (oral or otherwise) by Peel Hunt.

10. Each prospective Placee's allocation and commitment will be evidenced by a trade conﬁrmation issued to such Placee by Peel Hunt. The terms of this Appendix will be deemed incorporated by reference therein.

12. Except as required by law or regulation, no press release or other announcement will be made by Peel Hunt or the Company using the name of any Placee (or its agent), in its capacity as Placee (or agent), other than with such Placee's prior written consent.

13. Irrespective of the time at which a Placee's allocation pursuant to the Placing is conﬁrmed, settlement for all Placing Shares to be subscribed for pursuant to the Placing will be required to be made at the same time, on the basis explained below under "Registration and settlement".

1. each of the representations and warranties of the Company contained in the Placing Agreement being true and accurate and not misleading on and as of the date of the Placing Agreement and when given pursuant to the Placing Agreement;

2. the Company complying with its obligations and undertakings under the Placing Agreement, so far as the same fall to be performed or satisﬁed on or prior to Admission;

3. the Term Sheet having been executed;

4. there not having occurred, in the good faith opinion of Peel Hunt, any material adverse change in respect of the Company and the Group;

5. the NSIA Approval and Approval under Law Decree No. 21 of 15 March 2012 converted with amendments by Law No. 56 of 11 May 2012 (as defined therein);

8. the Company allotting, subject only to Admission, the New Shares (excluding the Retail Shares) in accordance with the terms of the Placing Agreement; and

9. Admission taking place by not later than 3 Business Days following the Placing Agreement becoming unconditional in all respects other than Admission (or such later time and/or date as may be agreed between the Company and Peel Hunt, being not later than 11 August 2026).

3. the Placing does not constitute a recommendation or financial product advice and Peel Hunt have not had regard to its particular objectives, ﬁnancial situation and needs;

5. it has the power and authority to carry on the activities in which it is engaged, to subscribe and/or acquire Placing Shares and to execute and deliver all documents necessary for such subscription and/or acquisition;

12. it satisﬁes any and all standards for investors in the Placing Shares imposed by the jurisdiction of its residence or otherwise;

16. it is not acquiring any of the Placing Shares as a result of any form of "directed selling eﬀorts" within the meaning of Regulation S or as a result of any form of "general solicitation" or "general advertising" within the meaning of Rule 502(c) of Regulation D under the Securities Act;

17. it is not an aﬃliate (as deﬁned in Rule 501(b) under the Securities Act) of the Company, and is not acting on behalf of an affiliate of the Company;

19. if it is a pension fund or investment company, its acquisition of Placing Shares is in full compliance with applicable laws and regulations;

27. if it is in a member state of the EEA, it is an EU Qualiﬁed Investor and, to the extent applicable, any funds on behalf of which it is acquiring the Placing Shares that are located in a member state of the EEA are each themselves such an EU Qualified Investor;

28. if it is in the United Kingdom, it and any person acting on its behalf is a UK Qualiﬁed Investor and it is a "professional client" or an "eligible counterparty" within the meaning of chapter 3 of the FCA's Conduct of Business Sourcebook;

29. it undertakes that it will acquire, hold, manage and (if applicable) dispose of any Placing Shares that are allocated to it for the purposes of its business only;

32. it has complied and will comply with all applicable laws (including all relevant provisions of FSMA in the United Kingdom) with respect to anything done by it in relation to the Placing Shares;

33. no action has been or will be taken by either the Company or Peel Hunt or any person acting on behalf of the Company or Peel Hunt that would, or is intended to, permit a public oﬀer of the Placing Shares in any country or jurisdiction where any such action for that purpose is required;

47. neither the Company nor Peel Hunt owes any ﬁduciary or other duties to any Placee in respect of any acknowledgements, conﬁrmations, representations, warranties, undertakings or indemnities in the Placing Agreement;

50. time is of the essence as regard its obligations in respect of its participation in the Placing under these terms and conditions;

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