RS2 Software Plc

Share Issue/Capital Change • Feb 15, 2021

RS2 Software p.l.c.

COMPANY ANNOUNCEMENT

The following is a company announcement issued by RS2 Software p.l.c. (the "Company") pursuant to the Malta Financial Services Authority Listing Rules.

Quote:

Issue of up to 28,571,400 preference shares by the Company having a nominal value of €0.06 per preference share (the "Preference Shares") hereinafter referred to as the "Offer"

Pursuant to the company announcement dated the 11 February 2021, the Company hereby announces the following in respect to the Offer.

The Application for Authorisation for Admissibility to Listing to the Listing Authority requesting the approval of a prospectus is in relation to the issue of up to 28,571,400 Preference Shares having a nominal value of €0.06 per preference share, at an offer price of €1.75 per Preference Share.

The Listing Authority is expected to meet to consider the application on 19February 2021, and subject to the attainment of regulatory approval therefrom, the Offer will be available for subscription by: i) financial intermediaries through an intermediaries' offer; ii) preferred applicants (being RS2 shareholders and RS2 employees); and iii) the general public.

RS2 shareholders appearing on the register of members on 19 February 2021 (i.e. trades up to and including 17 February 2021) will be eligible to be considered as preferred applicants.

Further detailed information about the Offer shall be available in the prospectus which will be made available in due course following attainment of the necessary regulatory approval.

Unquote

Dr. Ivan Gatt

Company Secretary 15th February 2021