Contract in the Middle East and North Africa

05 August 2025

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Contract in the Middle East and North Africa (MENA)

CyanConnode Holdings plc (AIM: CYAN), a global provider of IoT communication and smart metering solutions, is pleased to announce that it has received a follow-on order worth over AED 5.8m (£1.2 million) for cellular gateways in the Middle East and North Africa (MENA) region.

This latest award forms part of an expanding multi-year deployment, which began with an initial order announced on 4 August 2022, followed by further scaling through a Letter of Award announced on 28 October 2024. Under the terms of this latest contract, the Company will supply its cellular gateways to support the rollout of smart electricity metering infrastructure. All equipment under this order is scheduled for delivery within the current financial year ending 31 March 2026, with revenue to be recognised accordingly.

John Cronin, Group CEO, commented:

"We are delighted to have received a further follow-on order for this project in the MENA region. It builds on the momentum from our 2022 initial contract and the 2024 expansion, strengthening our strategic partnership with the client. This order enhances revenue visibility and supports our global growth trajectory."

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Enquiries:

CyanConnode Holdings plc Tel: +44 (0) 1223 865 750

John Cronin, Executive Chairman www.cyanconnode.com

Strand Hanson Limited (Nominated and Financial Adviser) Tel: +44 (0) 20 7409 3494

James Harris, Richard Johnson, David Asquith

Zeus Capital Limited (Joint Broker) Tel: +44 (0) 20 3829 5000

Simon Johnson, Louisa Waddell

Panmure Liberum (Joint Broker) Tel: +44 (0) 20 7886 2500

Rupert Dearden / James Sinclair-Ford

Novella (Financial PR) Tel: +44 (0) 20 3151 7008

Tim Robertson / Safia Colebrook

About CyanConnode

CyanConnode (AIM:CYAN.L), is a global provider of IoT communication and smart metering solutions. Its comprehensive technology portfolio includes narrowband RF mesh, advanced cellular modules, and hybrid communication platforms, delivering scalable and cost-effective connectivity for smart energy and infrastructure applications.

The Company's flagship Omnimesh platform offers highly reliable, self-forming and self-healing networks, optimised for deployment across diverse geographic and environmental conditions. Complemented by innovations such as long-range RF, in-meter gateways, and AI-enhanced cellular connectivity, CyanConnode provides flexible solutions tailored to evolving utility needs.

CyanConnode's Universal Head-End System (UHES) enables seamless integration across multiple communication technologies, enhancing interoperability and simplifying network management at scale.

As a trusted AMISP and OEM partner, CyanConnode works with utilities, system integrators, and meter manufacturers through a global, vendor-agnostic ecosystem. The Company is playing a central role in the digital transformation of the energy sector, with projects spanning India, Southeast Asia, the Middle East, and Europe.

For more information, please visit www.cyanconnode.com