DeFi Development Corporation UK PLCLSE: DFDV

Changes in Board Composition

· Issued by DeFi Development Corporation UK PLC

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

3 November 2025

Cykel AI PLC

("Cykel AI" or the "Company")

Changes in Board Composition

Cykel AI PLC (LSE:CYK) announces that Nicholas Lyth has resigned as Interim Chairman of the Company, with immediate effect.

The Board would like to take this opportunity to thank Mr. Lyth for his contributions to the Company and wish him well for the future.

Michael Chan will assume the role of Chairman on an interim basis pending the appointment of a Non-executive Chairman in due course.

For further information: 

Cykel AI plc   

Michael Chan

CEO

investors@cykel.ai   

First Sentinel (Financial Adviser)   

Brian Stockbridge   

brian@first-sentinel.com    

+44 (0) 7858 888 007 

Fortified Securities (Broker)   

Guy Wheatley  

+44 (0) 7493 989014 

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