Posting of Annual Report and Notice of AGM

10 May 2022

Alphawave IP Group plc

("Alphawave IP" or the "Company")

2021 Annual Report and Financial Statements

And Notice of AGM 2022

Alphawave IP's Annual General Meeting will be held at the offices of Linklaters LLP, One Silk Street, London EC2Y 8HQ, United Kingdom on Monday, 6 June 2022 at 10.00 am.

The following documents have today been posted or otherwise made available to shareholders:

· 2021 Annual Report and Financial Statements;

· Notice of 2022 Annual General Meeting; and

· Form of Proxy for the 2022 Annual General Meeting.

In accordance with Listing Rule 9.6.1R, a copy of each of these documents will be uploaded to the National Storage Mechanism and will be available for viewing shortly at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

The above documents may also be viewed online at https://www.awaveip.com/en/investors/results-reports-presentations/

Kathy Cong

On behalf of Link Company Matters Limited

Company Secretary

Email: cm-alphawave@linkgroup.co.uk