Business Update – Legal Handover Finalisation

24th June 2025

24th June 2025

The Company is pleased to provide shareholders with a further update regarding its post-transaction preparations.

As previously communicated, all Company obligations have been fulfilled. In readiness for the forthcoming DaaP buyer’s announcement, we are finalising the appointment of a specialist legal representative with whom we have been professionally engaged since 2024. He will oversee all necessary legal, financial and technical aspects of the handover process. He has extensive experience in managing complex post-acquisition transitions, including within the healthcare sector and in cross-border transactions, and will be responsible for ensuring a seamless execution across all relevant jurisdictions.

This preparatory work forms part of the final procedural requirements as the Company awaits the DaaP buyer’s formal announcement.

As reiterated in our 12th June 2025 update in respect of the DaaP buyer, the Company remains bound by strict non-disclosure agreements and will only issue further updates when necessary and appropriate for all parties involved.

All official updates and shareholder communications will continue to be published exclusively at
www.cloudtag.com.