Amigo and Magnus Labs Partner on Robotics Infra

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

25 February 2026

Amigo Holdings PLC

("Amigo" "PLC" or the "Company")

Amigo and Magnus Labs Partner on Robotics Infra for the Mining Sector

An initial six-figure USD robotics deployment and operational design program, establishing the foundation for a significantly larger, multi-phase global implementation.

Amigo's Dubai based subsidiary Amigo Capital FZE has entered into a strategic collaboration with Magnus Labs Inc, a robotics workforce intelligence platform and full-stack deployment engine focused on helping organisations deploy and operate robotics systems in real-world environments.

The collaboration is intended to support a robotics deployment roadmap for Amigo's mining-related operations, with an emphasis on safety, operational reliability, and environmentally responsible implementation.

The parties anticipate an initial engagement in the six-figure USD range to define: physical AI deployment priorities, technical requirements, and execution pathways. Subject to successful outcomes, the collaboration may expand into significantly larger follow-on phases and expansion into the broader global mining market.

By combining efforts, Magnus Labs and Amigo's group intend to accelerate the adoption of innovative robotics solutions across mining - enhancing safety, protecting lives, and reducing the burden on personnel performing high-risk tasks.

Potential areas of collaboration may include:

· Inspection, mapping, and operational data collection systems;

· Remote monitoring and teleoperations-enabled support;

· Workforce readiness and operating model design;

· Structured industrial task automation in later phases;

· Semi-autonomous and autonomy-enabled workflows; and

· Strengthening safety standards and reducing environmental intensity.

Contacts:

This announcement contains inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). The person responsible for this announcement is Nicholas Beal, Company Secretary.

About Amigo Holdings PLC

Amigo is a London-listed company pursuing opportunities in the mining sector. It is a public limited company registered in England and Wales with registered number 10024479. The Amigo Shares are listed on the Official List of the London Stock Exchange.

About Magnus Labs Inc

Magnus Labs Inc is a robotics workforce intelligence platform and full-stack deployment engine that helps organizations deploy and operate robotics systems through trained workforce readiness, teleoperations support, and deployment planning.

Forward-Looking Statements

This announcement contains forward-looking statements regarding the anticipated collaboration, program scope, budget expectations, future implementation phases, and potential commercial agreements. These statements are subject to risks and uncertainties, and actual outcomes may differ materially.