30 June 2026

Nexteq plc

("Nexteq, the "Company" or the "Group")

Grant of Options

Nexteq plc (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, announces today that, under the Nexteq plc 2022 Long Term Incentive Plan the Board has granted, in aggregate, 675,675 performance share award options ("Options" or "Performance Share Awards") over ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") to persons discharging managerial responsibilities ("PDMR's") in the business (the "Grant").

Vesting of the Performance Share Awards is subject to performance conditions as follows:

1.   The vesting of 70 per cent. of such awards (the "EPS Part") would be dependent on the Company's adjusted earnings per share performance for the financial year ending 31 December 2028.

2.   No portion of the EPS Part can performance vest unless the Company's EPS performance equated to a compound annual growth rate ("CAGR") of 10%, for which one quarter of the EPS Part would performance vest, rising on a straight line basis to full performance vesting of the EPS Part for the Company's EPS performance equating to a CAGR of 20% or higher.

3.   The vesting of 30 per cent. of such awards (the "TSR Part") would be dependent on the Company's total shareholder return ("TSR") performance over a three-year period commencing on the grant of the awards.

4.   No portion of the TSR Part can performance vest unless the Company's TSR performance equated to a CAGR of 10%, for which one quarter of the TSR Part would performance vest, rising on a straight line basis to full performance vesting of the TSR Part for the Company's TSR performance equating to a CAGR of 20% or higher. Three month averaging periods prior to the start and end of the measurement period would be used in relation to the TSR calculations.

All Options are exercisable at the Company's nominal value of 0.1 pence per Ordinary Share.

Details of the Options granted to PDMRs are as follows:

Following the Grant, there are a total of 3,724,290 Options outstanding, representing approximately 5.6% of the current issued share capital of the Company.

 Further detail is set out in the PDMR disclosure table below.

About Nexteq

Nexteq (AIM: NXQ) is a strategic technology solutions provider to customers in selected industrial markets. Its innovative technology enables the manufacturers of global electronic equipment to outsource the design, development and supply of non-core aspects of their product offering. By outsourcing elements of their technology stack to Nexteq, customers can focus their product development effort on the most critical drivers of their business' success.

Our solutions are delivered through a global sales team and leverage the Group's electronic hardware, software, display and mechanical engineering expertise. Our Taiwan operation is at the heart of Asian supply networks and facilitates cost effective manufacturing and strategic supply chain management.

The Group operates in six countries and services over 500 customers across 47 countries.

Nexteq operates two distinct brands: Quixant, a specialised computer platforms provider, and Densitron, leaders in human machine interface technology, each with dedicated sales, account management and product innovation teams. Founded in 2005, and later floating on the London Stock Exchange's AIM stock market as Quixant plc, the Group rebranded to Nexteq in 2023.

Further information on Nexteq and its divisions can be found at www.nexteqplc.com.