Half Year Trading Update and Notice of Results

4 August 2025

Directa Plus plc

("Directa Plus", the "Group" or the "Company")

Half Year Trading Update and Notice of Results

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, announces an update on trading for the six months to 30 June 2025 ("H1 FY25").

Based on its unaudited management accounts for H1 FY25, the Group expects to report a c.15% increase in revenue to c.€3.9m (H1 FY24: €3.39m). This growth is accompanied by a significant improvement in profitability, with EBITDA losses expected to reduce by c. 40% to c. €1.0m (H1 FY24: €1.8m).  This performance is in-line with management's expectations, reflecting a focus on high-value contracts, strong cost control and operational efficiencies from the restructuring of the Group's Italian team and operations, and its environmental subsidiary, Setcar. The major reorganisation of Setcar's operations is progressing to plan, delivering a more resilient and financially disciplined operation and a half-year performance that is a significant improvement on the prior year.

The first half has seen the Group secure several important contract renewals across its Environmental and Textiles divisions, including those with Grassi, MC Armor, Ford Otosan, Cummins and Metchem. Setcar also secured initial agreements with Midia International SA, worth up to $1.5m, and a €1.59m contract extension with OMV Petrom, for the use of the Group's patented Grafysorber® technology to treat oil sludges, emulsions, and contaminated water, starting in H2 FY25. During the second quarter a distribution agreement was also signed with a US based agent to enter the substantial environmental decontamination market in the United States.

Important upgrades to the Group's production system and capabilities are set to be fully operational in September 2025. These upgrades will enhance the Group's ability to deliver highly tailored materials at competitive cost, including for the first time nano-graphite and additives, to customers that can meet their broader and growing commercial needs. Accessing the high-volume nano-graphite market will enable the Group to expand its addressable market volume by at least 10x and reinforce its service offering across strategic sectors that include elastomers, batteries, composites, paints, and cement, alongside strengthening key customer relationships in the Environmental and Textile verticals. Enhanced levels of process automation and control, associated with the investment programme, will also improve operational reliability, consistency and production capacity. As previously announced, the new system includes the replacement of argon gas with nitrogen gas as the main production energy source, delivering greater energy efficiency and cost benefit.

Overall, the Group is pleased to report that momentum is rebuilding with higher enquiry levels, new contract wins and renewals, supported by a clear focus on reducing the Group's cost structure and broadening its addressable markets. The Board remains confident of meeting market expectations for Adjusted LBITDA in FY25¹.

Giulio Cesareo, Chief Executive Officer at Directa Plus, said: "Our stronger H1 FY25 performance, marked by revenue growth and a significant LBITDA improvement, demonstrates the effectiveness of our strategic focus and disciplined cost management. Building on continued contract wins across our key markets, operational efficiencies, and targeted capital investment, we anticipate stronger growth in the second half of the year, as has consistently been the case, and we are seeing significant and promising pipeline of opportunities."

Notice of results

The Company expects to announce its unaudited half year results for the six months to 30 June 2025 on 24 September 2025.

 1.Directa understands that as at the date of this announcement, market expectations for the year ended 31 December 2025 are an Adjusted LBITDA of (E1.7m).

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About Directa Plus

Directa Plus (www.directa-plus.com) is one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets. The Company's graphene manufacturing capability uses proprietary patented technology based on a plasma super expansion process. Starting from natural graphite, each step of Directa Plus's production process - expansion, exfoliation and drying - creates graphene-based materials and hybrid graphene materials ready for a variety of uses and available in various forms such as powder, liquid and past

This proprietary production process uses a physical process, rather than a chemical process, to process graphite into pristine graphene nanoplatelets, which enables Directa Plus to offer a sustainable, non-toxic product, without unwanted by-products. Directa Plus's products are made of hybrid graphene materials and graphene nano-platelets. The products (marketed as G+®) have multiple applications due to its properties. These G+® products can be categorised into various families, with different products being suitable for specific practical applications.

Directa Plus was established in 2005 and is based in Lomazzo (Como, Italy) and has been listed on the AIM market of the London Stock Exchange since May 2016. The Company holds the Green Economy Mark from London Stock Exchange which recognises companies that contribute to the global green economy.