Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.

7 October 2022

Cornerstone FS plc

("Cornerstone" or the "Company" or the "Group")

Allotment of shares

Further to the Company's announcement of 29 September 2022, following receipt of funds from Atlantic Partners Asia, 4,375,000 shares ("New Shares") have today been allotted. Application has been made for the admission of the New Shares to trading on AIM ("Admission") and it is expected that dealings in the New Shares will commence on or around 8.00am on 13 October 2022.

ENDS

Enquiries

About Cornerstone FS plc

Cornerstone FS plc is a payments focused fintech business that makes managing currency simple for SMEs. It provides international payment, currency risk management and electronic account services using a proprietary cloud-based multi-currency payments platform. These services are delivered directly and via white label partners on a SaaS basis to UK-based SMEs that engage in international trade. Cornerstone also serves some high-net worth individual clients.

Headquartered in the City of London with offices in Tunbridge Wells and Dubai, Cornerstone is admitted to trading on AIM under the trading symbol 'CSFS'. For more information, please visit www.cornerstonefs.com.