PINEAPPLE POWER CORPORATION PLC

Transaction in Own Shares • May 9, 2025

National Storage Mechanism | Additional information

RNS Number : 9534H

Pineapple Power Corporation PLC

09 May 2025

This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended.  On publication of this announcement via a Regulatory Information Service, this information is considered to be in the public domain.

May 9, 2025

Pineapple Power Corporation PLC (the "Company" or "Pineapple Power")

Appointment of Joint Broker

Pineapple Power Corporation PLC  ("PNPL") a special purpose acquisition company, is pleased to announce the appointment of First Equity Limited ("First Equity") as Joint Broker to the Company with immediate effect. First Equity will work alongside the Company's existing Corporate Broker, Peterhouse Capital.

As recently reported, the Company announced that it has agreed in principle the acquisition of 100% of the outstanding shares in Buffalo Battery Metals PTY ("Buffalo or BBM") in an all-share transaction, subject to legal, financial, technical and other due diligence and entry into a legally binding sale and purchase agreement.

Buffalo Battery Metals is a privately owned Australian company focused on the exploration, development, and production of various minerals, including lithium, copper and gold, in Zimbabwe.   Formed in 2022, BBM is a relatively new entrant into the African critical minerals sector. BBM provides investors with exposure to a high-growth region on the African Continent with significant untapped potential and is managed by a proven discovery and development team. BBM's management and technical team have a successful track record of bringing mineral projects from discovery through development and into production. BBM is focused on generating positive cash flow from its operations to minimise shareholder dilution with low capital cost and near term cash flow potential.

For further information, please visit -  www.pineapple-powercorp.com ,

or contact:

Pineapple Power Corporation PLC
Clive de Larrabeiti Corporate Finance Advisor [email protected]	+44 203 039 3913 +44 797 317 7973
Corporate Brokers Peterhouse Capital Charles Goodfellow [email protected] F irst Equity Limited Jason Robertson [email protected]	+44 207 220 9791   +44 207 330 1883
Media Relations David Burton Total Market Solutions [email protected]

The information contained within this announcement is deemed by the Company to constitute inside information for the purposes of Article 11 of The Market Abuse (Amendment) (EU Exit) Regulations 2019 (SI 2019/310). Upon publication of this announcement, this inside information is now considered to be in the public domain.

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