Amendment to Nuburu On-Demand Funding Facility

Supply@ME Capital PLC

16 June 2026

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

16 June 2026

Supply@ME Capital plc

(The "Company" or "SYME")

Amendment to Nuburu On-Demand Convertible Funding Facility

SYME, the fintech business which provides an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access Inventory Monetisation© ("IM") solutions enabling their businesses to generate cashflow, announces the following update in respect of the US$5,150,000 on-demand convertible funding facility signed on 18 March 2025, and amended on 10 June 2025, 29 August 2025 and 31 December 2025, with Nuburu Inc., a NYSE listed (NYSE American: BURU) high-tech company ("Nuburu") of which Alessandro Zamboni, a director of the Company, is Executive Chairman and Co-Chief Executive Officer ("Co-CEO") (the "Amended Nuburu On-Demand Facility").

As set out in the Group's consolidated financial statements for the year ended 31 December 2024 and the Group's interim financial statements for the six months ended 30 June 2025, under the Amended Nuburu On-Demand Facility, approvals are required from the shareholders of the Company, the Financial Conduct Authority (the "FCA") and The Panel on Takeovers and Mergers (together, the "Approvals") in order for the Company to be able to repay the Amended Nuburu On-Demand Facility through the issue of new ordinary shares rather than in cash. Additionally, it was noted that if the Approvals are not obtained by the Company by 30 June 2026, Nuburu can demand repayment in cash at any time after this date and the Company is required to provide security over the intellectual property rights and receivables related to its Italian subsidiary entities in favour of Nuburu.

The Company and Nuburu entered into a fourth amendment to the Amended Nuburu On-Demand Facility on 15 June 2026 (the "Amendment") which amends the following key terms of the Amended Nuburu On-Demand Facility:

·    The date by which the Approvals are required to be obtained has been extended from 30 June 2026 to 31 January 2027; and

·    The date by which the Amended Nuburu On-Demand Facility must be fully repaid if the Approvals are obtained by the extended date of 31 January 2027, and if there are no events of default, has been extended from 31 December 2026 to 31 August 2027.

Alessandro Zamboni, the Chief Executive Officer of the Company, is a related party in connection with the Amendment and the Amended Nuburu On-Demand Facility due to the fact that he is also the Executive Chairman and Co-CEO of Nuburu. As such, the entry by the Company into the Amendment constitutes a material related party transaction for the purpose of DTR 7.3 and was, accordingly, voted upon by the independent Directors (excluding Alessandro Zamboni, who, constituted a "related party" (as such term is defined in IFRS). The independent Directors consider the material related party transaction in respect of the Amendment to be fair and reasonable from the perspective of the Company and its shareholders who are not a related party or otherwise interested in Nuburu.

The Company also confirms that it is continuing its negotiations with Société Financière Européenne S.A. ("SFE") regarding the proposed acquisition of SFE's inventory ownership business which comprises independent stock companies (together, the "Targets"), together with the relevant contractual arrangements, intellectual property rights and operating infrastructure used by the Targets in connection with the inventory ownership business which was announced on 6 January 2026. The Company will provide further details when these become available.

For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of SYME is Alessandro Zamboni, CEO.

Notes

SYME and its operating subsidiaries provide its Platform for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt.  This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party Inventory Funders.  The inventory to be monetised can include warehoused goods waiting to be sold to end-customers or goods that are part of a typical import/export transaction.

Contacts

Albert Ganyushin, Chairman, Supply@ME Capital plc, [e-mail]

 

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