OTCQB Application Submitted

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")

05/06/2024

Valereum Plc

("Valereum" or the "Company")

OTCQB Application Submitted

Valereum Plc (AQSE: VLRM) is pleased to announce that an application has been filed with the OTC Markets Group for the Company's ordinary shares to be publicly cross traded on the OTCQB Market based in the United States, which upon approval, would make Valereum's shares more widely available to North American investors. This aligns with the Company's aims to deliver shareholder value and increase the business footprint globally.

The directors of the Company accept responsibility for the contents of this announcement.

For more information, please visit the Company's website at www.vlrm.com

For further information, please contact:

Valereum Plc

James Formolli, Chairman

Tel: +971 4584 6284

Stanford Capital Partners

Tel: 023 3650 3650

Bob Pountney

Patrick Claridge

AQSE Corporate Adviser

First Sentinel Corporate Finance

Brian Stockbridge

Tel: +44 20 3855 5551