First Grant under UK BTC Ecosystem Support Commit

11 December 2025

B HODL Plc

("B HODL" or "The Company")

First Grant under UK Bitcoin Ecosystem Support Commitment;

B HODL joins Advisory Board to represent the Bitcoin industry in Parliament

B HODL Plc (AQUIS: HODL), the first British company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury, announces that it has issued its first grant under the Company's Industry Support initiative, as outlined in its Admission Document. As disclosed at Admission, B HODL intends to allocate up to 1% of capital raised and future fund returns to UK-based Bitcoin initiatives, reinforcing its aspiration to strengthen the domestic Bitcoin ecosystem. Further grants will be announced to the market in due course.

Bitcoin Ecosystem Support - Brink

The Company has made the first grant under its UK Bitcoin Ecosystem Grant and Investment Programme to Brink, supporting its work on Bitcoin technical development in the UK.

Brink (https://brink.dev/) exists to strengthen the Bitcoin protocol and network through fundamental research and development. It also supports the Bitcoin developer community by providing funding, education, and mentorship. Brink is 100% funded by donations from individuals and organisations, such as BHODL, who are committed to supporting the open source Bitcoin network and protocol.

BHODL joins Advisory Board to support the UK's Crypto and Digital Assets All-Party Parliamentary Group

Additionally, the Company is pleased to announce that it will be taking a position on CryptoUK's Advisory Board to share industry insight and expertise to support CryptoUK's role as secretariat for The Crypto and Digital Assets All-Party Parliamentary Group (the APPG).

The APPG provides an essential forum for parliamentarians, regulators, government, and industry to come together and discuss the key challenges and opportunities facing the UK's digital assets sector. It plays a central role in shaping the national conversation on the future of policy, bringing together policymakers and industry leaders to better understand regulatory challenges and identify areas for reform or development: (https://cryptouk.io/resources/press-release-uk-parliament-relaunches-crypto-and-digital-assets-group-to-help-shape-uks-regulatory-future/).

BHODL will thus be ideally positioned to provide the perspective of the Bitcoin-only industry sector in Westminster.

Commenting, Freddie New, CEO of B HODL, said:

"We have chosen Brink as the first recipient of our grant and investment programme for a simple reason - the security, stability and ongoing strength of the Bitcoin protocol is absolutely fundamental not just to our own business, but also to Bitcoin itself, and to the entire Bitcoin ecosystem. Supporting the developers who work in this space was therefore an easy decision for us to make.

Secondly, we're acutely aware that Bitcoin does not simply exist in the network of nodes, miners and wallets. The world of law and regulation is also relevant to Bitcoin, and for B HODL to take up a position with CryptoUK to assist the All Party Parliamentary Group for Crypto and Digital Assets ensures that there is a Bitcoin-only seat at the table when MPs and Lords discuss digital assets in general. It is absolutely crucial that lawmakers and regulators understand the difference between Bitcoin and crypto, and our membership of the Advisory Board will enable us to speak for Bitcoin right in the heart of Westminster, and to ensure that the Bitcoin-only message is not subsumed by the well-funded crypto lobby."

Mike Schmidt, Executive Director, Brink, said:

"Thank you to the B HODL team for choosing Brink as their first UK Bitcoin ecosystem grant! Hopefully B HODL's leadership here inspires other Bitcoin companies to also support the critical development work underpinning the Bitcoin network."

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About B HODL:

B HODL is the first UK-listed company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury. The Company operates a treasury-led strategy, deploying its Bitcoin holdings to power the Lightning Network and generate sustainable revenues from routing fees and liquidity provision. With a world-class team and a Bitcoin-only focus, B HODL aims to become the leading British Bitcoin company, giving investors transparent exposure to the growth of Bitcoin as both a strategic asset and a global financial standard.

Important Notice

The Company intends to hold treasury reserves and surplus cash in Bitcoin. This is a type of cryptocurrency or cryptoassets. Whilst the Board of Directors of the Company considers holding cryptocurrencies to be in the best interests of the Company, the Board remains aware that the financial regulator in the UK (the Financial Conduct Authority or FCA) considers investment in cryptocurrencies to be high risk. At the outset, it is important to note that an investment in the Company is not an investment in cryptocurrencies, either directly or by proxy and shareholders will have no direct access to the Company's holdings. However, the Board of Directors consider cryptocurrencies to be an appropriate store of value and potential growth and therefore appropriate for the Company's reserves. Accordingly, the Company is and intends to continue to be materially exposed to cryptocurrencies. Such an approach is innovative, and the Board of Directors wish to be clear and transparent with prospective and actual investors in the Company on the Company's position in this regard.

The Company is neither authorised nor regulated by the FCA, and the purchase of certain cryptocurrencies are generally unregulated in the UK. As with most other investments, the value of cryptocurrencies can go down as well as up, and therefore the value of the Company's cryptocurrencies holdings can fluctuate. The Company may not be able to realise its cryptocurrencies holdings for the same as it paid to acquire them or even for the value the Company currently ascribes to its cryptocurrencies positions due to market movements. Neither the Company nor investors in the Company's shares are protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.

Nevertheless, the Board has taken the decision to invest in cryptocurrencies, and in doing so is mindful of the special risks cryptocurrencies present to the Company's financial position. These risks include (but are not limited to): (i) the value of cryptocurrencies can be highly volatile, with value dropping as quickly as it can rise. Investors in cryptocurrencies must be prepared to lose all money invested in cryptocurrencies; (ii) the cryptocurrencies market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its cryptocurrencies at will. The ability to sell cryptocurrencies depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) cryptoassets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which can lead to theft of holdings or ransom demands. Prospective investors in the Company are encouraged to do your own research before investing.