Siemens-driven Auxilium sales into US Defence

                                                                                                                25 August 2026

RNS REACH

PENNANT INTERNATIONAL GROUP PLC

("Pennant", the "Company" and together with its subsidiaries the "Group")

Further Siemens-driven Auxilium sales into US Defence

Pennant International Group plc ("Pennant", the "Company" or the "Group"), the systems support software and training solutions company, is pleased to announce further commercial progress from its strategic partnership with Siemens Digital Industries Software, together with continued growth in Annual Recurring Revenue ("ARR") from its Auxilium software suite.

The Group has secured a further Auxilium software sale through its Siemens channel partnership to a major US defence end user, demonstrating growing commercial traction from the relationship. The contract follows the first Siemens-generated Auxilium order secured earlier this year and further validates the strategic rationale behind the partnership.

As a result of continued new customer acquisition and expansion within its existing customer base, Auxilium ARR has now reached approximately £2.9 million, a new high for the Group, compared with £2.4 million at the end of FY2025.

Phil Walker, CEO of Pennant International Group plc, commented:

"We are delighted to have secured a further Auxilium sale through our partnership with Siemens. Achieving a second channel-driven win with a major US defence customer provides further validation of both our product offering and our go-to-market strategy."

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Pennant International Group plc (AIM: PEN) is a technology driven, leading global provider of system support software and services, technical services, and training solutions. It supports its global customer base in the design, development, operation, maintenance, and training of complex assets, to maximise operational and maintenance efficiency.

Its key markets include Aerospace, Defence and Rail, and adjacent safety-critical markets such as Shipping, Nuclear and Space.

 The Group addresses the market through three key business segments:

•              Auxilium software: a key generator of recurring revenues through the provision of a suite of software tools designed to help clients: manage and use complex data; ensure equipment availability at optimal cost; and comply with industry standards.  Its Integrated Product Support (IPS) and Integrated Logistics Support (ILS) software and services equips customers with powerful market-leading toolsets to manage, model and utilise complex equipment data.

•              Technical Services: drives repeatable revenues through expert support for users of Pennant and third-party solutions including consultancy, support and maintenance, training and bespoke development.

•              Training Systems: project-based revenues relating to the design and build of hardware, software and virtual training solutions for maintainers and operators of aircraft, ships and land systems.

Pennant is strategically focused on sustainable recurring and repeatable revenues and profitability growth, shifting its model towards high margin software and services. Against a climate of rising defence budgets and the burgeoning technological complexity of military, aviation and rail platforms, the demand for these solutions is expected to grow substantially.

Headquartered in Cheltenham, UK, the Group operates worldwide, with offices in the UK, North America and Asia-Pacific, serving markets with high barriers to entry often in regulated industries.