Announcement PDF RNS Number : 1618A Valereum PLC 31 January 2022 The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR") 31 st January 2022 Valereum Plc ("Valereum" or the "Company") $10 million Funding Facility with US led Syndicate Valereum is pleased to announce that it has drawn US$3m from a new US$10m investment facility provided by a syndicate of institutional investors led by a US managed institutional investor. These funds will be used to advance Valereum's acquisition of the Gibraltar Stock Exchange ("GSX"). This will enable the previously announced strategy to be put in place. Richard Poulden, Chairman of Valereum commented: "It is great to have international institutional support for our projects in Gibraltar." This US$3m tranche has a six-month term (the "term"), after which the facility can be repaid or extended at Valereum's option. Outstanding principal amounts may be converted into ordinary shares at £0.3682 during the term. After six months, if extended, conversion may occur at that price or, if lower, at a 5% discount to the then current 10 day lowest daily VWAP. This drawing carries 663,302 two-year warrants at £0.3347. The Directors of the Company accept responsibility for the contents of this announcement. END Enquiries: Valereum Plc Richard Poulden, Chairman Tel: +971 4584 6284 AQSE Corporate Adviser Peterhouse Capital Limited Tel: +44 (0) 207 469 0930 Investor Relations J&H Communications Limited James Henderson Tel: +44 (0)7774 444163 james@j-hcommunications.com George Hudson Tel: +44 (0)7803 603130 george@j-hcommunications.com For more information, please visit the Company's website at valereum.gi 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 rns@lseg.com 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 NEXBKDBBDBKDQDN