Shareholder Loan

DCI Advisors Ltd

(the "Company" or "DCI")

Further Shareholder loan

and

Related Party Transaction

The Board of DCI has entered into a new loan agreement with Discover Investment Company ("DIC") for €400,000 to provide additional working capital to the Company and to support DCI's board in implementing its strategy. This follows the repayment of the previously announced €1 million shareholder loan on 21 May 2025. DIC has previously entered into loan agreements with the Company for €350,000 in May 2023, which was repaid in April 2025, and for €350,000 in July 2024, which remains outstanding.  To date, the Company has received 23 loans from different shareholders of which 16 are still outstanding amounting to approximately €4.725 million. The Company's intention is to repay all outstanding Shareholder Loans from the proceeds of the sale of Company assets.

The new Shareholder Loan agreement has been entered into with DIC who are considered a related party under the definition of the AIM Rules for Companies by virtue of Nicolai Huls, Managing Director of the Company, also being a Director of DIC. Accordingly, the entering into of the new Shareholder Loan agreement is deemed to be related party transaction pursuant to AIM Rule 13 of the AIM Rule for Companies.

The Company's directors (excluding Nicolai Huls) consider, having consulted with the Company's Nominated Adviser, Cavendish Capital Markets Limited, that the terms of the Shareholder Loan, as described above, is fair and reasonable insofar as the shareholders are concerned.

As previously announced, collateral in the form of security over certain Company assets will be put in place using normal commercial terms which will exceed the aggregate value of each of the loans. In addition, the Board has agreed that the Company will guarantee the repayment of the latest loan and all Shareholder Loans received to date. A further announcement will be made once the Company has entered into the new security agreements.

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