1st conversion services contract & Siemens update

Reach - non-regulatory announcement

PENNANT INTERNATIONAL GROUP PLC

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

First conversion services contract win & Siemens update

Pennant International Group plc (AIM: PEN), the systems support software and training solutions company, is pleased to announce that following the launch of its new conversion services capability earlier this month, it has secured its first customer.

The contract will support the conversion of unstructured legacy documentation-including PDF, Word and scanned files-into fully compliant S1000D data modules for a North American military customer.

Pennant's conversion services capability combines intelligent process automation with rigorous human quality assurance. This blended approach delivers material improvements in conversion speed while maintaining the accuracy and standards compliance required for mission‑critical defence documentation.

This first win validates Pennant's investment in scalable, standards‑compliant conversion services and reinforces growing customer demand to modernise legacy technical data in support of digital sustainment and through‑life support strategies.

For further information on Pennant's Conversion Services offering, please see: Pennant Strengthens Legacy Conversion Services to Support Modern Technical Documentation

Siemens update

Pennant is pleased to note that its partnership with Siemens has been highlighted in a recent Siemens blog focused on advancing service lifecycle management.

Through a global reseller agreement, Auxilium® - GenS from Pennant is now part of the Siemens Teamcenter ecosystem, helping organisations transform and validate engineering data against the world's most rigorous Logistics Support Analysis (LSA) standards.

GenS enables seamless transformation between key global standards, supporting compliance across complex, multi-national programmes.

For organisations in defence and aerospace, this means:

Phil Walker, CEO, commented

"Both Siemens and Pennant recognise that asset availability starts with data configuration and integrity. Working together, we are helping customers simplify their digital thread and ensure support data is configured, validated and ready for any requirement."

Read more here: https://blogs.sw.siemens.com/service-lifecycle-management/2026/05/07/compliance-without-complexity-using-gens-as-the-lsa-standards-converter-for-teamcenter/

Enquiries:

Notes to editors:

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.