7 March 2022

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Wins Prestigious Megabuyte Performance Award

Cerillion, the billing, charging and customer relationship management software solutions provider, is pleased to announce that it has won the 'Best Performing Company - Business & Consumer Software' award at the annual Megabuyte Quoted25 awards event.

The award recognises Cerillion as the top performing mid-cap technology company in the Business and Consumer Software sector under the 'Megabuyte Scorecard'. Cerillion achieved a score of 77 out of 100, which was not only the highest of the companies in the Business and Consumer Software sector, but also the third highest overall out of the 167 total companies analysed by Megabuyte.

Megabuyte's methodology uses key KPIs relating to growth, profitability, cash conversion and size to analyse the performance of companies in relation to their peers.

Further details on Cerillion's performance and the methodology behind the Megabuyte Scorecard can be found in the Quoted25 Winning Companies Report at the following address: http://www.megabuyte-awards.com/quoted-25/winners-reports.

Louis Hall, Chief Executive Officer at Cerillion plc, said:

"We are delighted to have been recognised as both the top performing Business and Consumer Software business and the third best performing technology business overall by Megabuyte. This is a prestigious award, and is testament to the excellent progress that the Company has made, especially over the last few years. We have an unrivalled proposition for telecommunication providers looking for an integrated end-to-end, SaaS-based solution."

About Cerillion

www.cerillion.com

Cerillion has a 22-year track record in providing mission-critical software for billing, charging and customer relationship management ("CRM"), mainly to the telecommunications sector but also to other markets, including utilities and financial services. The Company has c. 80 customer installations across c. 45 countries.

Headquartered in London, Cerillion has operations in Pune, India, where its Global Solutions Centre is located, as well as operations in Bulgaria, USA and Australia.

The business was originally part of Logica plc before its management buyout, led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.