7 February 2023

ENGAGE XR Holdings plc

("ENGAGE XR" or the "Company")

Posting of Circular

ENGAGE XR Holdings plc (AIM: EXR), a leading metaverse technology company, announces, further to the announcement of 6 February 2023, a Circular containing details of the Placing and convening the Extraordinary General Meeting scheduled for 3 March 2023, together with a Form of Proxy, has been posted to Shareholders today. A copy of the circular will also be available on the Company's website today.

Capitalised terms not otherwise defined in the text of this announcement have the meanings given to them in the Company's announcement dated 6 February 2023.

For further information on the Announcement, please contact:

ENGAGE XR Holdings plc:                                                                      +353 87 665 6708

David Whelan, CEO                                                              

Séamus Larrissey, CFO

Sandra Whelan, COO

Davy (Joint Broker & Euronext Growth Listing Sponsor)                       +353 1 679 6363

Barry Murphy / Lauren O'Sullivan

finnCap Ltd (Joint Broker & Nominated Adviser)                             +44 (0) 20 7220 0500

Marc Milmo / Seamus Fricker / Sunila de Silva

Shard Capital Partners LLP (Joint Broker)                                        +44 (0) 20 7186 9952

Damon Heath / Erik Woolgar

The person responsible for arranging release of this Announcement on behalf of ENGAGE XR is Séamus Larrissey.

About ENGAGE XR

ENGAGE XR Holdings plc (AIM: EXR; Euronext Growth: EXR) is metaverse technology company focused on becoming a leading global provider of virtual communications solutions through its new fully featured corporate metaverse, ENGAGE Link.

The Company also has a proprietary software platform, ENGAGE. ENGAGE provides users with a platform for creating, sharing, and delivering VR content for education, training, and online events through its three solutions: Virtual Campus, Virtual Office, and Virtual Events.

EXR is listed on AIM in London and on the Euronext Growth Market in Dublin, a market operated by Euronext Dublin.

For further information, please visit: www.engagexrholdings.com (LinkedIn: @Engage XR Holdings plc Twitter: @engage_xr)