Streaks Gaming PLC — Proxy Solicitation & Information Statement 2026

Feb 19, 2026

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THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about the contents of this document or as to the action you should take, you are recommended to immediately seek your own independent financial advice from your stockbroker, bank manager, solicitor, accountant or other independent financial adviser duly authorised under the Financial Services and Markets Act 2000 (as amended), if you are resident in the United Kingdom or, if not, from another appropriately authorised independent financial adviser in a territory outside the United Kingdom.

If you have sold or otherwise transferred all of your holding of ordinary shares of £0.001 each in the capital of Satsuma Technology Plc (the "Company") ("Ordinary Shares"), please forward this document, together with the accompanying Form of Proxy, as soon as possible to the purchaser or transferee or to the stockbroker, bank manager or other agent through whom the sale or transfer was effected for onward transmission to the purchaser or transferee. However, such documents should not be distributed, forwarded to or transmitted in or into, any jurisdiction in which such act would constitute a violation of the relevant laws or regulations in such jurisdiction. If you have sold or otherwise transferred only part of your holding of Ordinary Shares, you should retain these documents and consult the stockbroker, bank manager or other agent through whom the sale or transfer was effected.

SATSUMA TECHNOLOGY PLC

(Incorporated and registered in England and Wales with registered number 13279459)

Notice of a general meeting requisitioned pursuant to section 303 of the Companies Act 2006 and Letter from the Chairman

This document should be read as a whole. Your attention is drawn in particular to the letter from the Chairman of the Company which is set out in this document and which contains a recommendation from the Non-Executive Directors of the Board that you vote in favour of Resolution 1 set out in the Notice of Requisitioned General Meeting referred to below, and an explanation of the Non-Executive Directors' current position in respect of Resolutions 2 and 3.

Notice of a general meeting of the Company requisitioned pursuant to section 303 of the Companies Act 2006, to be held at the offices of Bryan Cave Leighton Paisner LLP at Governor's House, 5 Laurence Pountney Hill, London, EC4R 0BR, United Kingdom on 19 March 2026 at 10:00 a.m. (the "Requisitioned General Meeting"), is set out at the end of this document.

To be valid, the accompanying Form of Proxy should be completed, signed and returned as soon as possible and, in any event, so as to reach the Company's registrars, Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol BS99 6ZY by no later than 10:00 a.m. on 17 March 2026 (or, in the event that the Requisitioned General Meeting is

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adjourned, by 48 hours (excluding any day or part of a day that is not a working day) before the time of the adjourned meeting). Completion and return of a Form of Proxy will not preclude members of the Company from attending and voting in person at the Requisitioned General Meeting should they so wish.

Copies of this document will be available free of charge from the Company's website at www.satsuma.digital.

This document is not a prospectus and it does not constitute or form part of any offer or invitation to purchase, acquire, subscribe for, sell, dispose of or issue, or any solicitation of any offer purchase, acquire, subscribe for, sell, dispose of or issue, any security.

Terms used in this document, including capitalised terms are defined and explained in the section entitled "Definitions" in Part II of this document.

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PART I - LETTER FROM THE CHAIRMAN SATSUMA TECHNOLOGY PLC

(Incorporated and registered in England and Wales with registered number 13279459)

Directors: Registered office:

Ranald McGregor-Smith (Non-Executive Chairman) 9th Floor

Henry K. Elder (Chief Executive Officer) 16 Great Queen Street

Clive Carver (Senior Independent Director) London

Matt Lodge (Non-Executive Director) WC2B 5DG

Jonathan Jachym (Non-Executive Director)

19 February 2026

To Shareholders and, for information only, to holders of warrants over ordinary shares in the Company

Dear Shareholder

Notice of Requisitioned General Meeting

1. Introduction

As announced by the Company on 2 February 2026, the board of directors of the Company (the "Board") has been advised that the Company has received sufficient requests from its members to convene a general meeting of the Company under section 303 of the Companies Act 2006 (the "Act") at which certain resolutions are to be put to Shareholders (the "Requisitions"), and the directors of the Company are therefore required to call a general meeting of the Company in accordance with section 304 of the Act at which the proposed resolutions will be put to Shareholders.

The requested resolutions comprise the immediate termination of the appointment of Henry K. Elder (the current Chief Executive Officer of the Company) as director and officer of the Company, and the immediate appointment of Nicholas Lee and Patrick Dean as Non-Executive Directors of the Company (the "Resolutions").

As a result of the Requisitions received pursuant to section 303 of the Act, the Company is required to convene the Requisitioned General Meeting to allow Shareholders to consider and vote on the Resolutions. The full text of the Resolutions is set out in the formal notice of meeting at the end of this document (the "Notice" or "Notice of Requisitioned General Meeting").

The purpose of this document is to convene the Requisitioned General Meeting in accordance with the Act and to explain: (a) why the Non-Executive Directors of the Board are recommending that Shareholders vote in favour of Resolution 1 and why they believe

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that this Resolution is in the best interests of security holders of the Company as a whole; and (b) the Non-Executive Directors' current position in respect of Resolutions 2 and 3.

It is noted that the Requisitions also requested that a resolution be put to Shareholders for the immediate termination of the appointment of Andrew Smith (the former Chief Finance Officer of the Company) as a director and officer of the Company. However, as announced by the Company on 18 February 2026, Andrew Smith agreed with the Company to resign as a director of the Company, and his employment with the Company ended, on that date (and Andrew's duties will be assumed by Scott Kaintz, who will not be joining the Board at this time). Consequently, the requested resolution relating to Andrew Smith is no longer applicable and it is therefore not included in this document or in the Notice of Requisitioned General Meeting set out at the end of this document.

2. Requisitioned General Meeting

The Requisitioned General Meeting will be held in-person on 19 March 2026 at 10:00 a.m. at the offices of Bryan Cave Leighton Paisner LLP at Governor's House, 5 Laurence Pountney Hill, London, EC4R 0BR, United Kingdom. The formal Notice of Requisitioned General Meeting is set out in Part IV of this document and contains the Resolutions to be considered and voted on at the meeting. The Board has set out further detail on the Resolutions in Part III of this document.

3. Action to be taken

A Form of Proxy is enclosed for use by Shareholders in connection with the Requisitioned General Meeting. Whether or not you intend to be present at the Requisitioned General Meeting in person, you are requested to complete and sign the Form of Proxy in accordance with the instructions printed on it and return it to the Company's registrars, Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol BS99 6ZY as soon as possible but, in any event so as to arrive by no later than 48 hours (excluding any day or part of a day that is not a working day) before the time and date of the meeting. The completion and return of a form of proxy will not preclude you from attending the meeting and voting in person should you subsequently wish to do so. Instructions for voting by proxy through CREST are set out in the notes to the Notice of Requisitioned General Meeting.

4. Overseas Shareholders

It is the responsibility of any person receiving a copy of this document outside of the United Kingdom to satisfy themselves as to the full observance of the laws and regulatory requirements of the relevant territory in connection therewith, including obtaining any governmental or other consents which may be required or observing any other formalities required to be observed in such territory and paying any other issue, transfer or other taxes due in such territory. Persons (including, without limitation, nominees and trustees) receiving this document should not send it into any jurisdiction when to do so would, or might, contravene local securities laws or regulations.

5. Recommendation

Since receipt of the requests under section 303 of the Act to convene the Requisitioned General Meeting, the Non-Executive Directors of the Board have consulted with Shareholders and understand the loss of confidence in the Company's executive team and the concern over the Company's cost base.

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The Non-Executive Directors also understand that it appears there is currently support for the Resolutions from a majority of the Company's beneficial shareholders. They have therefore already implemented the requirements of one of the resolutions requested in the Requisitions by reaching an agreement with Andrew Smith regarding his resignation as a director and the termination of his employment. The Non-Executive Directors have also implemented an immediate review of the Company's cost base which is expected to result in a significant reduction in the costs of running the business.

The Non-Executive Directors intend to continue to act in accordance with the best interests of the Company. In light of this, and based on the Requisitions received from Shareholders and subsequent conversations the Non-Executive Directors have had with those Shareholders, the Non-Executive Directors of the Board believe that the removal of Henry K. Elder is in the best interests of the Company's security holders as a whole, and therefore recommend you vote in favour of Resolution 1.

The Non-Executive Directors will continue to engage and work with Shareholders over the coming days and weeks to try and reach a mutually acceptable position with respect to the Requisitions that have been received, and specifically in relation to Resolutions 2 and 3 regarding the proposed appointments of Nicholas Lee and Patrick Dean as Non-Executive Directors of the Company. The Non-Executive Directors have not, as at the date of this document, received detailed information about, or had detailed interactions with, either Nicholas Lee or Patrick Dean and they would like to take the opportunity to engage with them over the coming days and weeks to better understand whether their appointment will be in the best interests of the Company.

Once the Non-Executive Directors have done so and have more information to enable them to form a view on Resolutions 2 and 3, they intend to provide Shareholders with their recommendation as to the voting actions they should take for those Resolutions. They intend to provide this by way of a supplemental communication to Shareholders by no later than 14 clear days before the date scheduled for the Requisitioned General Meeting. Given the subject matter of the Requisitions, Henry K. Elder has not taken part in the detailed Board discussions on the subject matter of this document.

Yours faithfully

Ranald McGregor-Smith

Non-Executive Chairman

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PART II - DEFINITIONS

The following definitions apply throughout this document unless the context requires otherwise:

"Act" the Companies Act 2006 (as amended from time to

time).

"Board" or "Directors" the directors of the Company whose names are set

out in Part I of this document.

"Company" Satsuma Technology Plc, a company incorporated in

England under company number 13279459 whose registered office is at 9th Floor, 16 Great Queen

Street, London, WC2B 5DG.

"CREST" the system for the paperless settlement of trades in

securities and the holding of uncertificated securities

operated by Euroclear.

"CREST Manual" the CREST Manual published by Euroclear, as

amended from time to time.

"Euroclear" or "EUI" Euroclear UK & International Limited.

"Form of Proxy" the form of proxy for use by Shareholders in

connection with the Requisitioned General Meeting

which accompanies this document.

"Non-Executive Directors" the non-executive directors of the Company at the

time of this document or, where the context so requires, the non-executive directors of the Company

from time to time.

"Notice" or "Notice of the notice of the Requisitioned General Meeting set

Requisitioned General Meeting" out in Part IV of this document.

"Ordinary Shares" the ordinary shares of £0.001 each in the capital of

the Company.

"Requisitioned General Meeting" the requisitioned general meeting of the Company to

be held at the offices of Bryan Cave Leighton Paisner LLP at Governor's House, 5 Laurence Pountney Hill, London, EC4R 0BR, United Kingdom on 19 March 2026 at 10:00 a.m., or any adjournment thereof, notice of which is set out in Part IV of this document.

"Requisitions" the requests received by the Company from its

members to convene the Requisitioned General

Meeting under section 303 of the Act.

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"Resolutions" the resolutions to be considered at the Requisitioned

General Meeting as set out in the Notice.

"Shareholders" holders of Ordinary Shares and "Shareholder" shall

mean any one of them.

"United Kingdom" the United Kingdom of Great Britain and Northern

Ireland.

All the times referred to in this document are London times unless otherwise stated.

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PART III – EXPLANATORY NOTES TO THE BUSINESS OF THE REQUISITIONED GENERAL MEETING

1. Removal of Henry K. Elder from office

Resolution 1, which is an ordinary resolution, seeks to remove Henry K. Elder (Chief Executive Officer) from his office as director and officer of the Company, with effect from the close of the Requisitioned General Meeting. This Resolution was required to be put to Shareholders under section 304 of the Act as a result of the Requisitions received by the Company from members under section 303 of the Act.

Henry K. Elder

Henry K. Elder was a Principal at UTXO Management, an asset management and advisory firm notable as the leading global investor in Bitcoin treasury companies, and a sister company to Bitcoin Magazine and The Bitcoin Conference. At UTXO, Henry helped shape and execute BTC treasury strategies for numerous public and private companies across the United States, Canada, Japan and Europe.

Henry previously built and led a US\$1.5bn digital asset treasury and wealth management platform as a Managing Director at Wave Digital Assets. There, he provided strategic treasury guidance to major blockchain foundations like Polygon and Cardano, before founding and growing the firm's Decentralised Finance (DeFi) practice to over \$500 million in sophisticated DeFi yield strategies. This work in structuring bespoke, yield-generating investment programs for institutional-grade partners directly informs his current focus on applying advanced treasury strategies for corporate bitcoin balance sheets.

Henry K. Elder was last re-appointed as director of the Company by Shareholders at the general meeting of the Company held on 2 September 2025.

2. Appointment of Non-Executive Directors

Resolutions 2 and 3, which are both ordinary resolutions, seek to appoint each of Nicholas Lee and Patrick Dean as a director of the Company, with effect from the close of the Requisitioned General Meeting. These Resolutions were both required to be put to Shareholders under section 304 of the Act as a result of the Requisitions received by the Company from members under section 303 of the Act.

Nicholas Lee

Nicholas Lee read Engineering at St. John's College, Cambridge and began his career at Coopers & Lybrand where he qualified as a chartered accountant. He then joined Dresdner Kleinwort where he worked in their corporate finance department advising a range of companies across a number of different sectors. When he left in 2009, he was a Managing Director and Head of Investment Banking for Dresdner Kleinwort's hedge fund/alternative asset manager clients. Since then, Nicholas has been actively involved with AIM and has been a director of, or worked with, a number of AIM companies.

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He currently serves as a Director of Mindflair plc, a Non-Executive Director of Huddled Group plc, and the Non-Executive Chairman of Tooru plc. Nicholas has extensive experience of managing listed companies, particularly from a financial standpoint, regulatory requirements and listed company transactions including fund raisings.

Patrick Dean

Patrick Dean started his career as a Commissioned Army Officer. He subsequently worked at Tradition, both in London until September 2005 and then in Hong Kong until November 2008. Patrick largely traded equity derivatives and stock options. Over a nine-year period he developed from being a Junior Broker to heading the European Index desk in a team of over 45 brokers, before assuming the role of Managing Broker and building a team for Tradition in Hong Kong. Patrick then had a three-year career as a General Manager and Director of Sales at a Hong Kong based rope access solutions business, before returning to London and joining Shard Capital Partners LLP as the Chief Operating Officer, a role he held between June 2011 to February 2024. Patrick is currently an Operations Manager at Linnaeus Holdings Ltd and throughout his career has excelled in streamlining and managing the operational costs of trading desks for the businesses he has helped to build.

3. Recommendation

Since receipt of the requests under section 303 of the Act to convene the Requisitioned General Meeting, the Non-Executive Directors of the Board have consulted with Shareholders and understand the loss of confidence in the Company's executive team and the concern over the Company's cost base.

The Non-Executive Directors also understand that it appears there is currently support for the Resolutions from a majority of the Company's beneficial shareholders. They have therefore already implemented the requirements of one of the resolutions requested in the Requisitions by reaching an agreement with Andrew Smith regarding his resignation as a director and the termination of his employment. The Non-Executive Directors have also implemented an immediate review of the Company's cost base which is expected to result in a significant reduction in the costs of running the business.

The Non-Executive Directors intend to continue to act in accordance with the best interests of the Company. In light of this, and based on the Requisitions received from Shareholders and subsequent conversations the Non-Executive Directors have had with those Shareholders, the Non-Executive Directors of the Board believe that the removal of Henry K. Elder is in the best interests of the Company's security holders as a whole, and therefore recommend you vote in favour of Resolution 1.

The Non-Executive Directors will continue to engage and work with Shareholders over the coming days and weeks to try and reach a mutually acceptable position with respect to the Requisitions that have been received, and specifically in relation to Resolutions 2 and 3 regarding the proposed appointments of Nicholas Lee and Patrick Dean as Non-Executive Directors of the Company. The Non-Executive Directors have not, as at the date of this document, received detailed information about, or had detailed interactions with, either Nicholas Lee or Patrick Dean and they would like to take the opportunity to engage with them over the coming days and weeks to better understand whether their appointment will be in the best interests of the Company.

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Once the Non-Executive Directors have done so and have more information to enable them to form a view on Resolutions 2 and 3, they intend to provide Shareholders with their recommendation as to the voting actions they should take for those Resolutions. They intend to provide this by way of a supplemental communication to Shareholders by no later than 14 clear days before the date scheduled for the Requisitioned General Meeting.

Given the subject matter of the Requisitions, Henry K. Elder has not taken part in the detailed Board discussions on the subject matter of this document.

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PART IV – NOTICE OF REQUISITIONED GENERAL MEETING

SATSUMA TECHNOLOGY PLC

(Incorporated and registered in England and Wales with registered number 13279459)

NOTICE IS GIVEN that a general meeting (the "Requisitioned General Meeting") of the members of Satsuma Technology Plc (the "Company") will be held at the offices of Bryan Cave Leighton Paisner LLP at Governor's House, 5 Laurence Pountney Hill, London, EC4R 0BR, United Kingdom on 19 March 2026 at 10:00 a.m. for the purposes of considering and, if thought fit, passing the following resolutions, which will be proposed as ordinary resolutions of the Company.

ORDINARY RESOLUTIONS

• 1. That Henry K. Elder be removed from office as a director and officer of the Company with effect from the close of the Requisitioned General Meeting.
• 1. That Nicholas Lee be appointed as a director of the Company with effect from the close of the Requisitioned General Meeting.
• 1. That Patrick Dean be appointed as a director of the Company with effect from the close of the Requisitioned General Meeting.

By order of the Board

Scott Kaintz Registered office:

Company Secretary 9th Floor

19 February 2026 16 Great Queen Street

London

WC2B 5DG

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NOTES TO THE NOTICE OF REQUISITIONED GENERAL MEETING

Entitlement to attend and vote

• 1. The only members entitled to attend and vote at the meeting are those who are registered on the Company's register of members as at:
• (a) 6:00 p.m. on 17 March 2026; or
• (b) if the meeting is adjourned, at 6:00 p.m. on the day two days (excluding any day or part of a day that is not a working day) prior to the adjourned meeting.

Appointment of proxies

• 1. As a member of the Company, you are entitled to appoint a proxy to exercise all or any of your rights to attend, speak and vote at the meeting and you should have received a proxy form with this notice of meeting. You can only appoint a proxy using the procedures set out in these notes and the notes to the proxy form.
• 1. A proxy does not need to be a member of the Company but must attend the meeting to represent you. Details of how to appoint the chairman of the meeting or another person as your proxy using the proxy form are set out in the notes to the proxy form. If you wish your proxy to speak on your behalf at the meeting you must appoint your own choice of proxy (not the chairman) and give your instructions directly to the relevant person.
• 1. You may appoint more than one proxy provided that each proxy is appointed to exercise rights attached to different shares. You may not appoint more than one proxy to exercise rights attached to any one share. To appoint more than one proxy, you must complete a separate proxy form for each proxy and specify against the proxy's name the number of shares over which the proxy has rights. If you are in any doubt as to the procedure to be followed for the purpose of appointing more than one proxy you must contact the Company's registrars, Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol BS99 6ZY. If you fail to specify the number of shares to which each proxy, relates or specify a number of shares greater than that held by you on the record date, proxy appointments will be invalid.
• 1. If you do not indicate to your proxy how to vote on any resolution, your proxy will vote or abstain from voting at their discretion. Your proxy will vote (or abstain from voting) as they think fit in relation to any other matter which is put before the meeting. A vote withheld is not a vote in law, which means that the vote will not be counted in the calculation of votes for or against a resolution.

Appointment of a proxy using the hard copy proxy form

• 1. The notes to the proxy form explain how to direct your proxy how to vote on each resolution or withhold their vote.
• 1. To appoint a proxy using the proxy form, it must be:
• (a) completed and signed;
• (b) sent or delivered to the Company's registrars, Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol BS99 6ZY; and
• (c) received by the Company's registrars no later than 10:00 a.m. on 17 March 2026 (or, in the event that the meeting is adjourned, by 48 hours (excluding any day or part of a day that is not a working day) before the time of the adjourned meeting).

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• 1. In the case of a member which is a company, the proxy form must be executed under its common seal or signed on its behalf by an officer of the company or an attorney for the company.
• 1. Any power of attorney or any other authority under which the proxy form is signed (or a duly certified copy of such power or authority) must be included with the proxy form.
• 1. The Company, pursuant to regulation 41 of The Uncertificated Securities Regulations 2001 (SI 2001/3755), specifies that only those ordinary shareholders registered in the register of members of the Company as at 6:00 p.m. on 17 March 2026 or, if the meeting is adjourned, in the register of members as at 6:00 p.m. on the day two days (excluding any day or part of a day that is not a working day) before the date of any adjourned meeting will be entitled to attend or vote at the meeting in respect of the number of Ordinary Shares registered in their name at that time. Changes to entries on the register of members after that time will be disregarded in determining the rights of any person to attend or vote at the meeting.

Appointment of proxies through CREST

• 1. CREST members who wish to appoint a proxy or proxies by utilising the CREST electronic proxy appointment service may do so for the meeting and any adjournment(s) by using the procedures described in the CREST Manual. CREST Personal Members or other CREST sponsored members, and those CREST members who have appointed a voting service provider(s), should refer to their CREST sponsor or voting service provider(s), who will be able to take the appropriate action on their behalf.
• 1. In order for a proxy appointment made by means of CREST to be valid, the appropriate CREST message (a CREST Proxy Instruction) must be properly authenticated in accordance with Euroclear UK & International Limited's ("EUI") specifications and must contain the information required for such instructions, as described in the CREST Manual. The message must be transmitted so as to be received by the issuer's agent (ID: 3RA50) by 10:00 a.m. on 17 March 2026 (or, in the event that the meeting is adjourned, by 48 hours (excluding any day or part of a day that is not a working day) before the time of the adjourned meeting). For this purpose, the time of receipt will be taken to be the time (as determined by the timestamp applied to the message by the CREST Applications Host) from which the issuer's agent is able to retrieve the message by enquiry to CREST in the manner prescribed by CREST.
• 1. CREST members and, where applicable, their CREST sponsors or voting service providers should note that EUI does not make available special procedures in CREST for any particular messages. Normal system timings and limitations will therefore apply in relation to the input of CREST Proxy Instructions. It is the responsibility of the CREST member concerned to take (or, if the CREST member is a CREST personal member or sponsored member or has appointed a voting service provider(s), to procure that his CREST sponsor or voting service provider(s) take(s)) such action as is necessary to ensure that a message is transmitted by means of the CREST system by any particular time. In this connection, CREST members and, where applicable, their CREST sponsors or voting service providers are referred, in particular, to those sections of the CREST Manual concerning practical limitations of the CREST system and timings.
• 1. The Company may treat as invalid a CREST Proxy Instruction in the circumstances set out in Regulation 35(5)(a) of the Uncertificated Securities Regulations 2001 (SI 2001/3755).

Appointment of proxy by joint members

1. In the case of joint holders of shares, where more than one of the joint holders purports to appoint a proxy, only the appointment submitted by the most senior holder

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(being the first named holder in respect of the shares in the Company's register of members) will be accepted.

Changing proxy instructions

• 1. To change your proxy instructions simply submit a new proxy appointment using the methods set out in paragraphs 7 or 12 above. Note that the cut off time for receipt of proxy appointments specified in those paragraphs also applies in relation to amended instructions. Any amended proxy appointment received after the specified cut off time will be disregarded.
• 1. Where you have appointed a proxy using the hard copy proxy form and would like to change the instructions using another hard copy proxy form, please contact the Company's registrar as indicated in paragraph 4 above.
• 1. If you submit more than one valid proxy appointment, the appointment received last before the latest time for the receipt of proxies will take precedence.

Termination of proxy appointments

• 1. In order to revoke a proxy instruction you will need to inform the Company by sending a signed hard copy notice clearly stating your intention to revoke your proxy appointment to the Company's registrar as indicated in paragraph 4 above. In the case of a member which is a company, the revocation notice must be executed under its common seal or signed on its behalf by an officer of the company or an attorney for the company. Any power of attorney or any other authority under which the revocation notice is signed (or a duly certified copy of such power or authority) must be included with the revocation notice.
• 1. The revocation notice must be received by the Company no later than 10:00 a.m. on 17 March 2026 (or, in the event that the meeting is adjourned, by no later than 48 hours (excluding any day or part of a day that is not a working day) before the time of the adjourned meeting).
• 1. If you attempt to revoke your proxy appointment but the revocation is received after the time specified then, subject to paragraph 22 below, your proxy appointment will remain valid.
• 1. Appointment of a proxy does not preclude you from attending the meeting and voting in person. If you have appointed a proxy and attend the meeting in person, your proxy appointment will automatically be terminated.

Corporate representatives

1. A corporation, which is a member, can appoint one or more corporate representatives, who may exercise, on its behalf, all its powers as a member provided that no more than one corporate representative exercises powers over the same share.

Voting at meeting

1. Voting on all resolutions will be conducted by way of a poll rather than on a show of hands as this is considered by the Board to reflect the views of shareholders more accurately. As soon as practicable following the Requisitioned General Meeting, the results of the polls will be announced via a Regulatory Information Service and also placed on the Company's website at www.satsuma.digital/investors.

Issued shares and total voting rights

1. As at close of business on 18 February 2026, the Company's issued share capital comprised 11,203,900,200 ordinary shares of nominal value £0.001 each. Each

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ordinary share carries the right to one vote at a general meeting of the Company. Therefore, the total number of voting rights in the Company as at close of business on 18 February 2026 is 11,203,900,200.

Communication

1. You may not use any electronic address provided either in this notice of meeting or any related documents (including the document within which this notice of meeting is incorporated and the proxy form) to communicate with the Company for any purposes other than those expressly stated.

Availability of this notice of meeting

1. A copy of this notice of meeting, and other information required by section 311A of the Companies Act 2006, can be found on the Company's website at www.satsuma.digital/investors.

Questions

1. Any member attending the Requisitioned General Meeting has the right to ask questions during the meeting. The Company must cause to be answered any such question relating to the business being dealt with at the meeting but no such answer need be given if (a) to do so would interfere unduly with the preparation for the meeting or involve the disclosure of confidential information, (b) the answer has already been given on a website in the form of an answer to a question, or (c) it is undesirable in the interests of the Company or the good order of the meeting that the question be answered.