Amendment of the Liquidity Agreement with Kepler Cheuvreux

Core Viewpoint - Theon International Plc has entered into a Liquidity Agreement with Kepler Cheuvreux to enhance the liquidity of its shares on Euronext Amsterdam, with an initial funding of €1 million and 33,000 shares, followed by an additional €2 million commitment [2][3]. Group 1: Liquidity Agreement Details - The Liquidity Agreement was initiated on January 21, 2026, with an initial amount of €1 million and 33,000 shares allocated to Kepler Cheuvreux [2]. - On February 18, 2026, it was agreed that an additional €2 million would be made available to Kepler Cheuvreux under the same agreement [3]. - The Liquidity Agreement is set for an initial period of one year, with automatic renewal for successive twelve-month terms, and can be terminated by either party under specified conditions [6]. Group 2: Company Overview - Theon Group develops and manufactures advanced night vision and thermal imaging systems for defense and security applications, with a global presence [4]. - The company has been operational since 1997 and has established a significant international footprint, including subsidiaries and production facilities in multiple countries [4]. - Theon Group has over 250,000 systems in service with armed and special forces across 72 countries, including 26 NATO member countries [4].