Appointment of Financial Adviser

3 October 2022

AIQ Limited

("AIQ" or the "Company")

Appointment of Financial Adviser

AIQ Limited (LSE: AIQ) is pleased to announce that it has strengthened its professional advisory team with the appointment of Guild Financial Advisory Limited ("Guild") as its Financial Adviser with immediate effect.

Guild will primarily advise the Company on its obligations as a public company as it continues to execute on its strategy. As part of Guild's remuneration arrangements, the Company has agreed to issue warrants over 300,000 ordinary shares in the Company of which 150,000 will be issued immediately and a further 150,000 will be issued in six months from the date of this engagement. The warrants will be exercisable, at the option of Guild, with an exercise price of £0.01 per warrant.

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