Stack Btc PlcAQUIS: STAK

Update on Proposed Return of Capital

· Issued by Stack Btc Plc

Kasei Digital Assets Plc

("Kasei" or the "Company")

Update on Proposed Return of Capital

Further to the announcement on 5 September 2025 regarding the Company's proposed return of capital to shareholders, the Board of Kasei Digital Assets Plc wishes to provide an update on the ongoing process.

The Company continues to progress the work required to implement a proposed return of capital to shareholders and is currently working through the technical and administrative aspects associated with the process. The Board is liaising with the relevant legal and regulatory authorities to ensure that all necessary steps are undertaken.

The Board remains committed to acting in the best interests of all shareholders and is in the final stages of this process.  A further update will be provided in due course once the remaining work has been concluded and a definitive timeline can be confirmed.

For further information please contact:

Kasei Digital Assets Plc

Jai Patel

Chief Investment Officer 

Jai.patel@kaseiholdings.com

VSA Capital Limited (AQSE Corporate Adviser)

Andrew Raca (Corporate Finance)

Oriol Parache

Sam Gurung

+44 (0) 20 3005 5000