Vaultz Capital PLC - Directorate Change

4 July 2025

Vaultz Capital plc

("Vaultz" or "Vaultz Capital" or "the Company")

Directorate change

Vaultz Capital PLC, a digital asset operating company, announces that further to the announcement made on 18 June 2025, Sarah Gow and Alex Appleton have been appointed as Directors of the Company.

Alex Appleton - Chief Executive Officer and Director

Alex Appleton is an experienced CFO and board level leader, bringing over 25 years' expertise throughout his career. Previously CFO of Argo Blockchain Plc ("Argo"), a UK and Nasdaq listed Bitcoin Mining company, Alex was pivotal in raising over $300 million in equity and debt. Alex was involved in Argo's successful Nasdaq IPO in 2021.

Alex is a member of the Institute of Chartered Accountants of Scotland.  Alex brings governance, regulatory and operational expertise to the Company.

Sarah Gow - Chief Operating Officer and Director

Sarah brings over 20 years' experience in senior roles within the Asset Management Operations industry, having worked for Citigroup, Salomon Brothers and Coutts & Co in London, New York and Jersey.

Sarah served as a Non-executive Director of Argo (2021-2023). Sarah supported Argo through its Nasdaq IPO and was a member of the audit and governance committees and chaired the remuneration committee.

The following information is disclosed in respect of Alexander James Appleton (age 45) pursuant to Rule 4.9 of the AQSE Growth Market Access Rulebook.  All information is as at the date of this announcement.

Alex Appleton does not hold any ordinary shares in the Company and has options over 14,000,000 new ordinary shares in the Company.

There is no further information which is required to be disclosed pursuant to Rule 4.9 of the AQSE Growth Market Access Rulebook in respect of Alex Appleton.

The following information is disclosed in respect of Sarah Jane Gow (age 55) pursuant to Rule 4.9 of the AQSE Growth Market Access Rulebook.  All information is as at the date of this announcement.

Sarah has an interest over 700,000 ordinary shares and options over 13,000,000 new ordinary shares in the Company.

There is no further information which is required to be disclosed pursuant to Rule 4.9 of the AQSE Growth Market Access Rulebook in respect of Sarah Gow.

Alex Appleton, CEO, Commented: "I am delighted to be joining the board of Vaultz as CEO. With a track record in crypto and capital markets, I look forward to working closely with the team to deliver on the Company's objectives within the digital asset infrastructure sector."

Sarah Gow, COO, Commented: "I am thrilled to be joining the board of Vaultz as a director helping build the Company for the long-term with Bitcoin at the core."

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

Enquiries

IMPORTANT NOTICES

Important Notices

The Company intends to hold treasury reserves and surplus cash in Bitcoin. Bitcoin is a type of cryptocurrency or cryptoasset. Whilst the Board of Directors of the Company considers holding Bitcoin 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 Bitcoin to be high risk. At the outset, it is important to note that an investment in the Company is not an investment in Bitcoin, either directly or by proxy and shareholders will have no direct access to the Company's holdings. However, the Board of Directors of the Company consider Bitcoin 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 Bitcoin. Such an approach is innovative, and the Board of Directors of the Company 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 (such as Bitcoin) are generally unregulated in the UK. As with most other investments, the value of Bitcoin can go down as well as up, and therefore the value of the Company's Bitcoin holdings can fluctuate. The Company may not be able to realise its Bitcoin holdings for the same as it paid to acquire them or even for the value the Company currently ascribes to its Bitcoin 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 of Directors of the Company has taken the decision to invest in Bitcoin, and in doing so is mindful of the special risks Bitcoin presents to the Company's financial position. These risks include (but are not limited to): (i) the value of Bitcoin can be highly volatile, with value dropping as quickly as it can rise. Investors in Bitcoin must be prepared to lose all money invested in Bitcoin; (ii) the Bitcoin 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 Bitcoin at will. The ability to sell Bitcoin 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.