The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

13 April 2026

Directa Plus plc

("Directa Plus", the "Group" or the "Company")

Update on Funding

Notice to appoint an Administrator over a subsidiary

As stated in the announcement of 30 March 2026, Directa Plus  is operating under increasing financial strain due to the need to secure additional funding and that if no additional funding is secured, it is highly likely that this will result in the Company and the Group not being a going concern and the Directors having to take steps to place the Company into administration.

The board of Directa Plus SpA ("Directa SpA") the main Italian subsidiary, has now informed the Company that, in light of the financial situation of that company,  the chairman of the board of the Italian statutory auditors¹ has indicated that they would request that Directa SpA enter into the negotiated settlement procedure for resolving corporate distress, as provided for in Articles 12 et seq. of Legislative Decree No. 14/2019 (the Italian Code of Business Crisis and Insolvency), unless the board of directors of the Directa SpA were to decide upon an alternative course, including voluntary liquidation. As a voluntary liquidation would offer a more orderly and flexible process, the Board of Directa Plus is reporting that Directa SpA will continue to operate with the current two Directors, Giulio Cesareo and Gianluigi Contin, until liquidation.

This liquidation process is subject to certification by an Italian notary which is anticipated to be completed in late April, and the directors of Directa SpA continue in office until that time.

In light of these developments' clarification has been sought from the institutional investor, as to whether the up to £2.5m funding facility announced on 30 March 2026, is capable of being progressed. The Board now intends to immediately engage corporate restructuring advisers to protect stakeholder's interests.

The Board is continuing to progress both the potential sale of non-strategic land held by its Romanian environmental remediation subsidiary Setcar SA, as well as evaluating options for the sale of Setcar.

Due to the ongoing financial uncertainty regarding the Group, its limited working capital and the circumstances noted above, the Company has requested that its shares are suspended from trading on AIM with immediate effect.

Further announcements will be made as appropriate.

This announcement has been approved by Giulio Cesareo, Chief Executive, on behalf of the Company.

For further information, please contact:

Notes

¹ In Italy, statutory auditors form a mandatory corporate body for SpA companies, responsible for supervising compliance with the law and proper management, rather than auditing financial statements which lies with independent external auditors. They are elected for three years, must be registered in the Ministerial Register, and act with professional independence.

About Directa Plus

Directa Plus (www.directa-plus.com) is one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets. The Company's graphene manufacturing capability uses proprietary patented technology based on a plasma super expansion process. Starting from natural graphite, each step of Directa Plus's production process - expansion, exfoliation and drying - creates graphene-based materials and hybrid graphene materials ready for a variety of uses and available in various forms such as powder, liquid and past.

This proprietary production process uses a physical process, rather than a chemical process, to process graphite into pristine graphene nanoplatelets, which enables Directa Plus to offer a sustainable, non-toxic product, without unwanted by-products. Directa Plus's products are made of hybrid graphene materials and graphene nano-platelets. The products (marketed as G+®) have multiple applications due to its properties. These G+® products can be categorised into various families, with different products being suitable for specific practical applications.

Directa Plus was established in 2005 and is based in Lomaz (Como, Italy) and has been listed on the AIM market of the London Stock Exchange since May 2016. The Company holds the Green Economy Mark from London Stock Exchange which recognises companies that contribute to the global green economy.