1 April 2025

capAI Plc

(the "Company")

Professor Ronjon Nag joins the Board

capAI Plc (LSE: CPAI) is very pleased to confirm that Professor Ronjon Nag has today joined the Board as an Executive Director.

Richard Edwards, capAI's Chairman comments "We are tremendously excited to confirm Ronjon's formal appointment.  Over the last few weeks, we have been working very closely with Ronjon. Not only is he a truly inspirational person, but also a person of integrity.  His insights into how the future with AI might look are scintillating and he is already presenting proprietary and extremely interesting commercial ideas, processes and opportunities for capAI to consider and execute.  The market should rest assured that the first announcement in the new "Ronjon era" will be forthcoming shortly."

Ronjon Nag, comments "I  too share the excitement of my fellow directors and I am totally committed to developing capAI into a major player in the AI space, using my own innovations as well as  R42 Group resources - more to come on that later.  This is my first listed Board position in the UK and I am particularly attracted by being able to offer investors listed exposure to an asset class which is typically reserved for unlisted investors.  I am determined to make this venture an outstanding success for all shareholders, both small and large, and I trust that my performance only remuneration package indicates my clear intent to achieve this."

For further information, please contact:

capAI plc: [email protected]

Peterhouse Capital Limited (Broker): +44 (0) 207 469 093001