Supply@me Cap Regulatory News (SYME)

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU, WHICH IS PART OF DOMESTIC LAW OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND ("UK") PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

20 January 2025

Supply@ME Capital plc

(the "Company", "Supply@ME" or "SYME" and, together with its subsidiaries, the "SYME Group")

Director's Other External Appointments

The Company notes the announcement by Nuburu, Inc. ("Nuburu") (NYSE American: BURU) on 17 January 2025 regarding appointing Alessandro Zamboni as Executive Chairman of Nuburu (the "Appointment").

The Supply@Me Nominations Committee (the "Nominations Committee" or "NomCo") reviewed the proposed Appointment ahead of it being announced and agreed for Alessandro Zamboni to undertake new responsibilities within his previously approved role of a Class I director announced by Nuburu on 3 May 2024.

The Nominations Committee governs the number and type of external appointments held by each director of SYME. Under the NomCo terms of reference a director of the Company should only take additional external appointments or other significant appointments with prior approval.

Alessandro Zamboni represented to the Company that he does not anticipate this Appointment will impact the time he commits to SYME Group due to the nature of responsibilities under the Appointment and due to the fact that the time required by other commitments he has previously held is being reduced and replaced by the responsibilities under the Appointment. Furthermore, he reiterated his full commitment to his role as Chief Executive Officer of Supply@Me and Sole Director of the Italian subsidiaries and agreed with the Nominations Committee that such commitment will be subject to on-going periodic review by Nomco. On this basis the Nominations Committee approved the Appointment.

For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of SYME is Alessandro Zamboni, CEO.

Contact information

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com

Notes:

SYME and its operating subsidiaries provide its Platform for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt. This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party inventory funders. The inventory to be monetised can include warehouse goods waiting to be sold to end-customers or goods/commodities that are part of a typical import/export transaction.