Calligo (UK) Limited receives approval from the bondholders in the written procedure for its outstanding bond loan.

Calligo (UK) Limited (the "Company") announces that the written procedure initiated through a notice to the bondholders on 15 December 2023 (the "Written Procedure") regarding certain amendments to the terms and conditions (the "Terms and Conditions") for the Company's outstanding callable floating rate bonds 2021/2024 with ISIN NO0011179806 (the "Bonds") has today been completed.

Quorum was approximately 73 per cent. and out of the voting bondholders, approximately 82 per cent voted in favour of the Company's requests. The bondholders under the Bonds have therefore consented to the proposed amendments to the Terms and Conditions as set out in the notice to the Written Procedure.

The amendments to the Terms and Conditions will become effective upon satisfaction of the requirements set out in section 4 of the notice to the Written Procedure. The notice to the Written Procedure is, and the amended and restated Terms and Conditions will be made, available on the Company's website (www.calligo.io).

Pareto Securities acts as financial advisor to the Company in connection with the transaction.

Brendan Walsh, General Counsel.

Telephone 0044 330124 2500 ext 1137

Email investors@calligo.io