Appointment of Chief Executive Officer and EBT

22 May 2025

Vinanz Limited

 ("Vinanz" or "the Company") 

(BTC:LN in London and VINZF:US)

Appointment of Chief Executive Officer and EBT

London, New York, 22 May 2025, Vinanz Limited; the London Stock Exchange Main Market listed Bitcoin company with North American Bitcoin operations, is pleased to announce the appointment of Hewie Rattray as Chief Executive Officer, effective immediately. This is an important senior management role within the Company but is a non-director role.

Hewie Rattray brings with him a strong entrepreneurial track record in the digital assets sector, with significant experience launching and scaling projects across the blockchain and cryptocurrency space. As an early innovator in the decentralised finance ecosystem, Hewie has built and advised successful ventures focused on tokenised assets, AI-driven crypto engagement, and strategic market positioning within Web3 communities.

The Board sees Hewie's appointment as a timely and strategic step in the Company's evolution. His leadership will focus on scaling Vinanz's Bitcoin mining operations while simultaneously growing the Company's strategic Bitcoin holdings in line with its long-term treasury reserve strategy.

Hewie Rattray, Chief Executive Officer of Vinanz, commented

"Bitcoin represents more than just a digital asset - it is a monetary revolution. My vision for Vinanz is to build a company that not only mines Bitcoin efficiently but also holds it intelligently. By aligning our operational activity with long-term Bitcoin accumulation, we aim to provide shareholders with differentiated exposure to the digital asset economy through a listed company rooted in London but scaling across North America."

David Lenigas, Chairman of Vinanz, commented

"We are excited to welcome Hewie into the CEO role at this pivotal stage of the Company's development. His insight into the Bitcoin space, entrepreneurial energy, and strategic clarity will help steer Vinanz as we seek to unlock further growth and capitalise on opportunities ahead."

In addition, the Company announces that, as set out in the Company's published prospectus dated 24 December 2024 ("Prospectus") for the listing of its shares on the London Stock Exchange Main Board, it established the Vinanz Limited Employee Benefit Trust ("EBT") to implement the use of an incentive plan to ensure it can provide adequate equity incentive packages for its expanding management team.

The Company intends to issue and allot 50,740,204 ordinary shares in the Company to the EBT ("EBT Shares") at nominal value, as advised in the Prospectus. These ordinary shares shall be held in the EBT on trust pending transfer upon the vesting (or exercise, as the case may be) of awards granted, and for such other purposes relating to the ongoing recruitment, retention and incentivisation of employees as may be recommended by the Company from time to time (subject to the approval of the Remuneration Committee and the trustees of the EBT). Further to disclosures in the Company's Prospectus, the beneficiaries of any future distribution of EBT Shares to employees and directors will be notified upon determination.

Application will be made to the London Stock Exchange ("LSE") for admission of the EBT Shares to trading on the LSE ("Admission"). It is expected that Admission will become effective and dealings in the EBT Shares will commence on the LSE at 8.00 a.m. on or around 28 May 2025.

The EBT Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.

Following Admission, the total number of Ordinary Shares in the capital of the Company will be 304,441,226 with voting rights. 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's issued share capital pursuant to the Company's Articles.

The directors of Vinanz Limited accept responsibility for this announcement.

For further information please contact:

Vinanz Limited David Lenigas - Chairman - [email protected]

Hewie Rattray - CEO - [email protected] Edelman - [email protected]

First Sentinel (Corporate Adviser) Brian Stockbridge - [email protected]+44 (0) 20 3855 5551

Clear Capital Markets (Broker) Bob Roberts - [email protected]+44 (0) 20 3869 6080

About Vinanz Limited

Vinanz's primary listing is in London (United Kingdom) on the London Stock Exchange under the ticker "BTC.L" and trades in the USA on the US OTCQB under the ticker "VINZF". Vinanz is building up a strategic Bitcoin holding aided by building out its own Bitcoin mining operations in North America by installing its miners within third-party unrelated computer hosting facilities in an ever-expanding network throughout the USA and Canada. Currently, Vinanz operates Bitcoin miners in Indiana, Iowa, Nebraska and Texas in the USA and in Labrador (Canada).

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).