13 December 2021

IQ-AI Ltd

("IQ-AI" or the "Company")

Director's Interest

IQ-AI has been advised that Trevor Brown, Chief Executive of the Company, no longer has an interest in Free Association Books Limited.  Accordingly, Trevor Brown's interest in the Company is now 32,203,457 Ordinary Shares, representing 17.64 per cent. of the voting rights of the Company. Free Association Books Limited remains interested in 20,559,778 Ordinary Shares, representing 11.26 per cent. of the voting rights of the Company.

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

-ENDS-

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Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law (as defined in the European Union (Withdrawal) Act 2018).