14 December 2023

ETHERNITY NETWORKS LTD.

("Ethernity" or the "Company")

Result of Adjourned General Meeting

Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of data processing and fibre access semiconductor technology for networking appliances, announces that, further to the Company's announcement on 7 December 2023, the adjourned general meeting of the Company was held earlier today, and all resolutions were duly passed.

All resolutions proposed at the general meeting were passed on a poll and the voting results will be available on the Company's website in due course, www.ethernitynet.com.

For further information, please contact:

About Ethernity (www.ethernitynet.com)

Ethernity Networks (AIM: ENET.L OTCMKTS: ENETF) provides innovative, comprehensive networking and security solutions on programmable hardware that increase telco/cloud network infrastructure capacity. Ethernity's semiconductor logic offers data processing functionality for different networking applications, innovative patented wireless access technology, and fibre access media controllers, all equipped with control software with a rich set of networking features. Ethernity's solutions quickly adapt to customers' changing needs, improving time-to-market, and facilitating the deployment of 5G over wireless and fibre infrastructure.