Global Interconnection Group — Capital/Financing Update 2025

Sep 1, 2025

GIG
GLOBAL INTERCONNECTION GROUP

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF APPLICABLE SECURITIES LAWS

THIS PRESS RELEASE CONTAINS INFORMATION THAT QUALIFIES OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE EU MARKET ABUSE REGULATION.

GLOBAL INTERCONNECTION GROUP LIMITED
("GLOBAL INTERCONNECTION GROUP", "GIG" or the "Company")

GIG
GLOBAL INTERCONNECTION GROUP

in respect of

GLOBAL INTERCONNECTION GROUP Ordinary Shares
ISIN Code GG00BMB5XZ39
Listed on Euronext Amsterdam: XAMS: CABLE
and
ASC Energy plc 2056 Index-Linked Convertible
GreenBonds (ISIN: NL0015001FM1)
Advanced Cables plc 2028 Index-Linked Convertible
GreenBonds (ISIN: NL0015001FN9)
listed on The International Stock Exchange.

1st September 2025

Global Interconnection Group announces Right of First Refusal Extension

Global InterConnection Group Limited has agreed an extension to subscription by the Offeror, announced on the 19th July 2025 for £21.5 million; and the corresponding Right of First Refusal ("ROFR") period in respect to the Company's ongoing restructuring with the SpinOut completion, following a request by the Offeror.

The request follows the serious illness of the Company's Chairman, and lead for the Offeror, who was hospitalised with Legionnaires' disease. GIG has received a first tranche of the subscription as an indication of the Offeror's continued commitment, £393,000 (a related party transaction), to support operations through August, September and October to allow time for the SpinOut to proceed.

The ROFR will now extend through to 30th October 2025, aligning with the revised expected completion of the SpinOut. The Board continues to work with its advisers, stakeholders and partners to conclude the transaction as quickly as possible to materially strengthen the Company's capital structure.

The Company acknowledges the patience and support of its stakeholders during this period and will provide further updates as appropriate.

The Board continue to welcome offers to actively seek further investment through this period.

PRESS AND INVESTOR INFORMATION

For more information, please contact:

Company enquiries to:
Chrissie.boyle@globalinterconnectiongroup.com
or CM-GIG@centralisgroup.com
Registered office
First Floor, 10 Lefebvre Street St Peter Port
Guernsey GY1 2PE