Altrecom PLC

Share Issue/Capital Change • Oct 12, 2023

Announcement

Issue and Allotment of shares of Altrecom PLC (the "Company") resulting from the Voluntary Conversion of Convertible Bonds (the "Bonds") for the period 15-30 September 2023

Limassol, 12 October 2023

We would like to inform you that the Directors of the Company have passed a resolution in writing on 12 October 2023 resolving the issue and allotment of 108,347,033 new ordinary shares of nominal value €1,03 each which resulted from the Voluntary Conversion of Bonds during the conversion window (15-30 September 2023) and further to the Company's Announcement dated 2 October 2023.

The Company will proceed with an application to the Cyprus Stock Exchange in relation to the listing of the shares to the Emerging Companies Market.

ALTRECOM PLC