22 April 2025

WOODBOIS LIMITED

("Woodbois" or the "Company")

Result of General Meeting

Total Voting Rights

Woodbois Limited (AIM:WBI), the Africa-focused forestry, timber trading and afforestation company, announces that at the Company's General Meeting ("GM") held earlier today, all resolutions were duly passed.

Application has been made for an aggregate of 4,038,800,000 new ordinary shares of 0.01p each ("Ordinary Shares"), comprising 3,660,000,000 Second Subscription Shares, 328,800,000 Adviser Shares and 50,000,000 Director's Shares, to be admitted to trading on AIM ("Admission"). It is expected that Admission, and the commencement of dealings in the 4,038,800,000 new Ordinary Shares, will take place at 8.00 a.m. on or around 23 April 2025. In addition, the Company has issued 2,779,500,000 warrants ("Warrants") to subscribe for new Ordinary Shares in the Company at a price of 0.125 pence per new Ordinary Share exercisable for a period of 24 months from the date of admission of the first tranche of the Subscription Shares, being 2 April 2025. Further details regarding the Warrants are set out in the Company's announcement released at 7.00 a.m. on 28 March 2025.

Total Voting Rights

Following Admission, the Company's issued and fully paid share capital will consist of 10,982,979,349 Ordinary Shares, with one voting right per ordinary share. The Company holds 19,138,147 Ordinary Shares in treasury, therefore the total number of voting rights in the Company is 10,963,841,202.

This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Capitalised terms used in this announcement shall have the same meaning as in the Company's announcement released at 8.00 a.m. on 28 March 2025 unless otherwise defined herein.

Enquiries: