BMIT Technologies Plc

Notice of Dividend Amount • Jun 20, 2024

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by BMIT Technologies p.l.c ("the Company") pursuant to the Capital Markets Rules as issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as they may be amended from time to time.

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Implementation of Scrip Dividend

The Company refers to a resolution approved by its shareholders at the Annual General Meeting held on the 29 May 2024, providing as follows:

"That, subject to the approval of the resolution relating to the declaration and payment of a dividend for the financial year ended 31 December 2023 (the 'Dividend Resolution'), the Board of Directors of the Company be authorised to issue and allot such number of fully paid-up ordinary shares, as may be determined by the Board of Directors, up to the value of the authorised share capital of the Company, for the purposes of paying a scrip dividend to those shareholders electing to receive new ordinary shares in lieu of a cash dividend pursuant to the Dividend Resolution. Such authorisation shall expire at the end of the next annual general meeting of the Company."

The Company hereby announces that in furtherance of the resolution, 8,006,582 fully paid-up ordinary shares of a nominal value of €0.10 each ("New Ordinary Shares") have on the date hereof been issued and allotted to those shareholders electing to receive new shares in the Company in lieu of a cash dividend. As a result of the issue and allotment of the New Ordinary Shares, the issued share capital of the Company has been increased to 211,601,892 fully paid-up ordinary shares of a nominal value of €0.10 each, reflecting a total issued share capital value of €21,160,189.20.

The New Ordinary Shares have on the date hereof been admitted to Official List of the Malta Stock Exchange and trading therein is expected to commence immediately.

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Dr. Francis Galea Salomone LL.D. Company Secretary 20th June 2024

BMIT Technologies plc, SCM02, Level 2, SmartCity Malta, SCM1001, Kalkara, Malta

T: +356 2258 8200 W: bmit.com.mt