XEROS TECHNOLOGY GROUP PLC

Declaration of Voting Results & Voting Rights Announcements • Nov 27, 2025

National Storage Mechanism | Additional information

RNS Number : 3207J

Xeros Technology Group plc

27 November 2025

For immediate release

THIS ANNOUNCEMENT, INCLUDING THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY NEW ORDINARY SHARES OF XEROS TECHNOLOGY GROUP PLC IN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION EU NO 596/ 2014, AS RETAINED AND APPLICABLE IN THE UK PURSUANT TO S3 OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY MAR. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

Xeros Technology Group plc

("Xeros", the "Group" or the "Company")

Result of Follow-On Subscription

and

Total Voting Rights

Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, is pleased to announce that further to the Company's announcement released on 6 November 2025 (the "Launch Announcement"), the Follow-On Subscription has closed and the Company has conditionally raised gross proceeds of approximately £1.95 million, through the successful Subscription of 111,382,871 New Ordinary Shares in aggregate at the Issue Price of 1.75 pence per Ordinary Share.

Total Funds raised as part of the Fundraising will therefore be £5.95 million, through the issuance of an aggregate of 340,373,229 new Ordinary Shares. The Placing, Subscriptions and Retail Offer are conditional upon, inter alia, the passing of the Resolutions at the General Meeting, Admission and upon the Placing Agreement becoming unconditional in all respects. It is expected that Admission will occur, and that dealings in the New Ordinary Shares will become effective on 1 December 2025.

As previously indicated in the Launch of Fundraising announcement, Klaas de Boer and David Armfield have participated in the Fundraising via the Retail Offer and Follow-On Subscription, respectively. Following Admission their residual holdings will be as follows:

	Current Holding of Existing Shares	% of Existing Ordinary Shares	Number of New Ordinary Shares	Holding post Admission	% of Enlarged Share Capital*
Klaas de Boer	11,383,333	2.18%	1,428,571	12,811,904	1.49%
David Armfield	2,892,857	0.55%	1,142,856	4,035,713	0.47%

Total Voting Rights

Following Admission on 1 December 2025, the Company will have in issue 861,860,786 Ordinary Shares, with no shares held in treasury. Shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

This announcement should be read in conjunction with the full text of the Circular issued on 7 November 2025. All capitalised/defined terms used in this announcement and not otherwise defined shall have the meanings given to them in the Circular.

Enquiries:

Xeros Technology Group plc Neil Austin, Chief Executive Officer Alex Tristram, Finance Director	Tel: 0114 269 9656
Cavendish Capital Markets Limited (Nominated Adviser & Broker) Julian Blunt / Giles Balleny / Teddy Whiley / Trisyia Jamaludin, Corporate Finance Andrew Burdis / Harriet Ward, ECM	Tel: 020 7220 0570
Rawlings Financial PR Limited Keeley Clarke Cat Valentine	Mob: 07967 816 525 Email: [email protected]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ROIPPGAPGUPAGPM