£2m Convertible Loan Agreement - Conister Bank Ltd

Information contained within this Announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 which forms part of English law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

22 September 2025

Fiinu Plc

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

£2m Convertible Loan Agreement with Conister Bank Limited

Fiinu Plc (AIM: BANK), a fintech group and creator of the Plugin Overdraft®, announces that it has entered into an unsecured Sterling term loan facility agreement ("Facility Agreement") with Conister Bank Limited ("Conister"), the wholly owned banking subsidiary of Manx Financial Group PLC (AIM: MFX), for up to £2,000,000 (the "Loan").

The Loan carries an interest rate of 10% per annum, payable annually in cash, with a repayment date falling 24 months from drawdown, unless converted into Fiinu equity earlier in accordance with the terms of the Facility Agreement.

Under the Facility Agreement, Conister has the right to convert the entire Loan into 20 million new ordinary shares in Fiinu. This conversion price, of 10p per new ordinary share, was negotiated some time ago when Fiinu's share price was below 10p, and therefore reflects market conditions at that time. With Fiinu's shares currently trading at a premium to the agreed conversion price, the arrangement underscores both the financial flexibility of the facility and the strategic importance of the partnership between Fiinu and Manx Financial Group.

Any shares issued pursuant to the conversion of the Loan will rank pari passu with the Company's existing ordinary shares and will be admitted to trading on AIM. The proceeds from the Loan will be used to support the Company's working capital requirements and to drive growth in Fiinu's businesses.

Commenting on the Agreement

Dr Marko Sjoblom, CEO of Fiinu Plc, said:

"We are pleased to have secured this flexible financing arrangement with Conister, which not only strengthens our capital position but also provides us with additional working capital support for our fast-growing FX brokerage in Poland. We expect the Loan to be converted in due course, which will see Manx Financial Group, through Conister Bank, become a strategic investor in Fiinu."

Douglas Grant, Managing Director of Conister Bank and CEO of Manx Financial Group PLC, added:

"This facility is part of the Group's strategy to enhance its lending technology by integrating with experienced market-leading product providers. The optionality within this facility also allows the Group to generate a return greater than debt interest alone, while positioning Manx Financial Group as a strategic partner with Fiinu."

Further announcements will be made as appropriate.

The Directors of the Company are responsible for the release of this announcement

*ENDS*

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For more information, please visit www.fiinuplc.com