Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain.

1 May 2026

PipeHawk plc

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

Update regarding proposed disposal of Utsi Electronics Limited

PipeHawk (AIM: PIP) announces that, further to its announcement on 2 March 2026 regarding the long-stop date for completion of the proposed disposal of the entire issued share capital of Utsi Electronics Limited (the "Disposal"), the long-stop date has been extended to 30 June 2026 to allow, inter alia,  satisfaction of the provisions of the National Security and Investment Act 2021 (the "NSI Act Condition").

Accordingly, there can be no certainty as to the timing of completion of the Disposal nor as to the NSI Act Condition being satisfied.

A further update will be provided in due course.

-Ends-

Enquiries:

David Hart / Vivek Bhardwaj

For further information on the Company and its subsidiaries, please visit: www.pipehawk.com