Plugin Overdraft® Update & Employee Benefit Trust

Information contained within this Announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 which forms part of English law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

17 November 2025

Fiinu Plc

("Fiinu", the "Company" or the "Group")

Plugin Overdraft® Update & New Employee Benefit Trust

Fiinu Plc (AIM: BANK), the fintech group and creator of the Plugin Overdraft®, announces an update on the Plugin Overdraft® partnership with Conister Bank Limited ("Conister Bank"), a subsidiary of Manx Financial Group Plc ("Manx"), and the establishment of a new Employee Benefit Trust ("EBT").

Strong Progress on White Label Programme with Conister Bank in launching Plugin Overdraft®

The Company continues to make strong progress with its white label partnership with its Plugin Overdraft®, in collaboration with Conister Bank. Manx confirmed in its market update last week that the project remains fully on plan and progressing as scheduled.

The joint development phase has now advanced to the final stages where the initial deployment and launch are scheduled to take place before the end of this year. This will mark the first live deployment of the Plugin Overdraft® product in the world, delivered under a white label arrangement with a licensed UK bank. The unique Open Banking enabled initiative will initially benefit from a captive audience of approximately one million end users within Conister's existing ecosystem, providing a strong platform for commercial activation and scalability through 2026. Both Fiinu and Conister remain closely aligned on the phased delivery plan and ongoing collaboration.

Fiinu's technology is technically able to access over 100 million personal bank accounts in the UK, and the Bank Independent Overdraft® platform has been extended to cover all EEA countries, with access to more than 500 million bank accounts across Europe.

Fiinu intends to revisit additional white-label opportunities in Europe in the new year. 

EBT and Equity‑Based Award Framework

Fiinu has set up a new EBT as part of its Employee Awards Strategy. The EBT, which will be known as the Fiinu plc Employment Benefit Trust, will serve as an independent trust mechanism for acquiring, holding, and transferring Fiinu shares to settle long‑term incentive, restricted share, deferred bonus, and other equity‑based awards. The Original Trustee is Equiniti Trust (Jersey) Limited.

This initiative is aimed at aligning employee and shareholder interests, supporting the recruitment and retention of key talent, and fostering long‑term value creation. The EBT and associated governance framework will operate in full compliance with UK Listing Rules, Disclosure Guidance and Transparency Rules, Market Abuse Regulation, and HMRC Employment‑Related Securities requirements.

The Directors of the Company are responsible for the release of this announcement.

*ENDS*

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For more information, please visit www.fiinuplc.com