28 November 2025

Mindflair plc

("Mindflair" or the "Company")

Mindflair portfolio company Stylus Education awarded DfE contract

Mindflair PLC, the AIM-quoted company focused on investing in Artificial Intelligence ("AI") related technology, is pleased to note that LearnCycle Limited, trading as Stylus Education ("Stylus") (www.stylus.education), one of its portfolio companies, has been awarded funding by the Department for Education ("DfE") under its "AI Tools for Education" programme.

Stylus, the education-technology company pioneering AI-powered marking and feedback, has been awarded approximately £250,000 of the £1 million that the DfE is deploying in the second round of its AI Tools for Education programme. The initiative, delivered through Innovate UK's Contracts for Innovation, is designed to accelerate the development of advanced AI tools to support teacher workload across key stages, moving innovative solutions from prototype to classroom use. Stylus will use the funding to develop its platform that enables handwritten student work to be scanned, assessed by AI (with human moderation), and converted into personalised feedback and data-driven insights for teachers - while students continue to write naturally on paper.

Nicholas Lee, Director of Mindflair, commented:

"We are delighted to see Stylus recognised by the DfE through this award - it underlines the strength of the platform and the opportunity for AI to materially reduce teacher workload and drive better student feedback. We look forward to seeing Stylus progress this development phase and drive scalable adoption across the education sector."

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Notes to Editors

Mindflair plc (AIM: MFAI) is an investment company providing investors with access to a portfolio of next generation technology businesses focused on AI with significant growth potential. The Company is building an investment portfolio of high-tech businesses focused on Artificial Intelligence, across such areas as Internet of Things, Cyber Security, Machine Learning, Immersive Technologies and Big Data, which the Board believes demonstrate evidence of traction and the potential for exponential growth, due to increasing global demand for development in these sectors. For further information, visit: http://www.mindflair.tech/.

Stylus is a UK-based education-technology company developing AI tools that automate the marking and feedback process while allowing students to continue writing naturally on paper. Its platform scans handwritten work, applies advanced AI models to analyse responses, and produces structured, teacher-moderated feedback and insights designed to reduce workload and improve consistency across classrooms. Stylus works with schools to integrate AI-supported assessment into everyday teaching, helping educators save time while gaining clearer visibility into pupil progress. For more information please visit: www.stylus.education

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