GO Plc — M&A Activity 2022

Mar 17, 2022

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by GO p.l.c. ("the Company") pursuant to the Capital Markets Rules as issued by the Listing 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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Investment in IoT Based Green Tech Company

The Company is pleased to announce that it has concluded a transaction that will result in the subscription, by the Company, of 76% shareholding in Sens Innovation Group Limited (C101007) ("SENS"). The total consideration payable for the subscription of the shares is €1 million with the possibility of a further €1.85 million earnout depending on the performance of SENS over a three (3) year period. It is expected that the aforementioned shares will be issued in favour of the Company in the coming days.

SENS is an energy management company that leverages proprietary IOT based technology to reduce energy consumption and associated costs for commercial buildings. It designs and builds customised solutions for clients that improve their business operations and efficiencies whilst also contributing to the environmental responsibilities that modern business governance and legislation demands. SENS serves large hotels and commercial clients in Malta, UK, mainland Europe and Dubai.

Further to this strategic acquisition that further strengthens its investment in IoT as part of its drive of digital Malta, the Company anticipates that new opportunities will come its way as it offers environmentally conscious energy saving solutions to companies in Malta, Cyprus and UK.

Further announcements will be made as and when necessary.

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Dr. Francis Galea Salomone LL.D. Company Secretary

17 March 2022

GO plc, Fra Diego Street, Marsa, MRS 1501 Malta PO Box 40, Marsa MRS 1001 t. +356 2124 6200 e. customercare@go.com.mt Company Registration Number: C22334 VAT Number: MT 12826209

LTRH -

Apr 15 –

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go.com.mt