18 June 2026

B HODL Plc

("B HODL" or "The Company")

Mission: Compound Bitcoin - Update on Lightning Service Provider Platform; Board Statement on Bitcoin Price and Market Conditions

B HODL Plc (AQSE: HODL | OTCQB: HODLF | FRA: F5S), the first British company founded to Buy, Hold, Deploy and Compound Bitcoin, is pleased to provide the following update on the performance of its Lightning Service Provider platform ("LSP"), a core element of Company's Deploy strategy, since launch, and to address current conditions in the Bitcoin market.

LSP PERFORMANCE UPDATE

Since the launch of the LSP platform at lightning.bhodl.com on 22 May 2026, the Company has been pleased to see early demand for its Lightning liquidity services (current node details available at the link in the footnote, including capacity, channels and connected nodes^[1]).

The Company is further pleased to announce that B HODL's LSP is now listed as a liquidity provider on Amboss Magma (https://amboss.space/magma), one of the leading marketplaces for Lightning Network liquidity. Amboss Magma provides automated, on-demand channel purchasing for Lightning node operators, and the listing represents a significant step in extending the commercial reach of the LSP to a wider audience of potential clients, including wallet providers, payment processors, and businesses seeking programmatic access to Lightning liquidity.

Liquidity provided through the LSP generates Bitcoin-denominated fee income for the Company, growing the Company's Bitcoin holdings in line with its "Mission: Compound Bitcoin".

The Directors believe the early operational results of the LSP are encouraging and validate the Board's view that the LSP represents a material commercial opportunity for the Company.

The Company's public node remains BHODL-PUBLIC-01:

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BITCOIN MARKET CONDITIONS - BOARD STATEMENT

The Board is aware of the recent downward volatility in the Bitcoin price and provides the following update to shareholders in relation to the Company's financial position.

Bitcoin is currently trading at approximately USD 65,000 per coin, representing a significant decline from its all-time high of approximately USD 126,200, reached in October 2025. Price drops of this nature are a normal feature of Bitcoin market cycles and the Board  continues to assess the balance sheet as well positioned relative to its current operating model.

The Board considers the Company's balance sheet to be well positioned relative to its current operating model. The Company holds the majority of its Bitcoin under self-custody and leverage remains  low.  The Board has deliberately pursued a conservative approach to leverage, consistent with the Company's strategy of prioritising the long-term compounding of Bitcoin over short-term financial engineering.

The Company's cash runway remains sufficient for its current operating requirements based on the Board's internal forecasts and assumptions. At the time of IPO, the Company retained a fiat cash buffer. This approach positioned the Company to maintain liquidity in the face of Bitcoin price volatility. 

The Board continues to believe in the long-term investment case for Bitcoin and in the Company's strategy of deploying its Bitcoin treasury as productive capital through such strategies as its LSP and routing node operations. The Directors believe that periods of price volatility may provide opportunities to build infrastructure and expand operational capacity.

Shareholders are encouraged to access all regulatory news service announcements and further information about the Company at: https://bhodl.com/investors/news

The Directors of the Company accept responsibility for the contents of this announcement.

For further information, please contact:

About B HODL:

B HODL is the first UK-listed company founded for Bitcoin accumulation and revenue generation. The Company operates a treasury-led strategy, deploying its Bitcoin holdings to power the Lightning Network and generate sustainable revenues from routing fees and liquidity provision. With a world-class team and a Bitcoin-only focus, B HODL aims to become the leading British Bitcoin company, giving investors transparent exposure to the growth of Bitcoin as both a strategic asset and a global financial standard.

Important Notice

The Company intends to hold treasury reserves and surplus cash in Bitcoin. This is a type of cryptocurrency or cryptoassets. Whilst the Board of Directors of the Company considers holding cryptocurrencies to be in the best interests of the Company, the Board remains aware that the financial regulator in the UK (the Financial Conduct Authority or FCA) considers investment in cryptocurrencies to be high risk. At the outset, it is important to note that an investment in the Company is not an investment in cryptocurrencies, either directly or by proxy and shareholders will have no direct access to the Company's holdings. However, the Board of Directors consider cryptocurrencies to be an appropriate store of value and potential growth and therefore appropriate for the Company's reserves. Accordingly, the Company is and intends to continue to be materially exposed to cryptocurrencies. Such an approach is innovative, and the Board of Directors wish to be clear and transparent with prospective and actual investors in the Company on the Company's position in this regard.

The Company is neither authorised nor regulated by the FCA, and the purchase of certain cryptocurrencies are generally unregulated in the UK. As with most other investments, the value of cryptocurrencies can go down as well as up, and therefore the value of the Company's cryptocurrencies holdings can fluctuate. The Company may not be able to realise its cryptocurrencies holdings for the same as it paid to acquire them or even for the value the Company currently ascribes to its cryptocurrencies positions due to market movements. Neither the Company nor investors in the Company's shares are protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.

Nevertheless, the Board has taken the decision to invest in cryptocurrencies, and in doing so is mindful of the special risks cryptocurrencies present to the Company's financial position. These risks include (but are not limited to): (i) the value of cryptocurrencies can be highly volatile, with value dropping as quickly as it can rise. Investors in cryptocurrencies must be prepared to lose all money invested in cryptocurrencies; (ii) the cryptocurrencies market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its cryptocurrencies at will. The ability to sell cryptocurrencies depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) cryptoassets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which can lead to theft of holdings or ransom demands. Prospective investors in the Company are encouraged to do your own research before investing.