Technical and DaaP update

19th July 2023

Further to previous updates, the Company confirms that significant progress has been made in resolving the technical issue that emerged. The issue itself was minimal, and the steps taken to resolve it are, as required, awaiting sign off. The buyer is fully up to speed, is in agreement, remains committed, and a revised DaaP sale announcement date will be confirmed with the buyer as soon as possible.

The Company will update shareholders further by 11th August at the latest.

The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.