ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQUIS GROWTH MARKET

APPLICANT NAME:

CEL AI PLC

APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:

9th Floor 16, Great Queen Street, London, England, WC2B 5DG

DIRECTORS AND PROPOSED DIRECTORS (IF APPLICABLE):

Olivia Edwards, Executive Chairperson

Elliot Fielding, Chief Financial Officer

Misha Sher, Non-Executive Director

APPLICANT SECTOR:

Information Technology

DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:

CEL AI's strategy is to deploy its AI agents in a decentralised manner across blockchain networks. The Company’s operations generate cryptocurrency income in the form of TAO, which is subsequently converted into Bitcoin (BTC) as a long-term store of value and inflation hedge. This Bitcoin Treasury Reserve Strategy, aligns CEL AI with the growing cohort of public companies integrating digital assets into corporate treasury management.

NAME OF AQSE CORPORATE ADVISER:

First Sentinel Corporate Finance Limited

NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:

5,752,423,611 ordinary shares of £0.001 each

SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):

72.44%

SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:

Shareholder

Shares Held

% of Shares Held

OAK Securities Limited

857,686,360

14.91

Olivia Edwards

403,000,000

7.00

Marallo Pte Ltd (controlled by Michael Edwards)

325,000,000

5.65

TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:

N/A

THE EXPECTED ADMISSION DATE:

1 September 2025

WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:

https://www.getcel.ai

In respect of a fast-track applicant, the following information should also be included:

NAME OF MARKET ON WHICH THE APPLICANT’S SECURITIES ARE CURRENTLY TRADED:

Main Market of London Stock Exchange

ISIN: GB00BK964W87

ARRANGEMENTS FOR THE SETTLEMENT OF TRANSACTIONS IN THE APPLICANT’S SECURITIES:

The ordinary shares are eligible for CREST settlement. No securities are held in treasury. There are no restrictions on the transfer of shares.

DETAILS OF ANY LOCK-IN ARRANGEMENTS:

The Company does not have any lock-in agreements in place.

DETAILS OF THE LEGAL OR REGULATORY REQUIREMENTS IN THE APPLICANT’S HOME COUNTRY REGARDING THE CONDUCT OF TAKEOVERS AND THE ACQUISITION OF SIGNIFICANT VOTING RIGHTS TO WHICH THE APPLICANT IS SUBJECT:

N/A

In respect of an update to a prior application announcement, the date of the original announcement should also be disclosed as follows:

UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:

N/A

Shareholder

Shares Held

% of Shares Held

OAK Securities Limited

857,686,360

14.91

Olivia Edwards

403,000,000

7.00

Marallo Pte Ltd (controlled by Michael Edwards)

325,000,000

5.65