Block listing Interim Review

Name of applicant:

Xeros Technology Group Plc ("Company")

Name of scheme:

Xeros Technology Group plc Enterprise Management Incentive Scheme ("EMI Scheme")

&

Xeros Technology Group plc unapproved share option scheme ("USOS")

&

Unexercised Warrants, pursuant to the Company's capital fundraise announced 30 September 2022 ("Warrants")

Period of return:

From:

1 July 2023

To:

31 December 2023

Balance of unallotted securities under scheme(s) from previous return:

EMI: 41,433 ordinary shares of 0.1p each

USOS: 13,776 ordinary shares of 0.1p each

Unallocated: 120,000 ordinary shares of 0.1p each

Warrants: 30,018,021 ordinary shares of 0.1p each

Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

EMI: nil ordinary shares of 0.1p each

USOS: nil ordinary shares of 0.1p each

Unallocated: nil ordinary shares of 0.1p each

Warrants: nil ordinary shares of 0.1p each

Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

EMI: nil ordinary shares of 0.1p each

USOS: nil ordinary shares of 0.1p each

Unallocated: nil ordinary shares of 0.1p each

Warrants: nil ordinary shares of 0.1p each

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

EMI: 41,433 ordinary shares of 0.1p each

USOS: 13,776 ordinary shares of 0.1p each

Unallocated: 120,000 ordinary shares of 0.1p

Warrants: 30,018,021 ordinary shares of 0.1p each

Name of contact:

Alex Tristram, Company Secretary

Telephone number of contact:

0114 2699656