Investment in Alludium.

13 May 2025

Catenai PLC

("Catenai" or the "Company")

Investment in Alludium

Catenai PLC (AIM: CTAI), the AIM quoted provider of digital media and technology, is delighted to announce that it has signed a subscription agreement with Alludium Ltd ("Alludium") (the "Subscription Agreement").

The terms of the Subscription Agreement are per the non-legally binding term sheet announced on 11 April 2025. Under the Subscription Agreement, Catenai has agreed to subscribe for 757,403 ordinary shares in Alludium at a price of 73 pence per share ("First Investment") from proceeds to be received pursuant to the fundraise announced on 11 April 2025. Upon completion of the First Investment, Catenai will hold approximately 8.3% of the issued share capital of Alludium.

The Alludium website has been extensively updated with additional information at  https://www.alludium.ai/

About Alludium

Alludium Ltd (https://www.alludium.ai/) is a software company which has developed a Multi-Agent AGI (Artificial General Intelligence) platform for AI automation of processes and solutions for productivity. Alludium is the next evolution of Agentic AI and has a wide degree of applications, for example, in the enterprise automation software market, a $120 billion market according to Grand Markets Reports and also replacing Business Process Outsourcing, a market worth $280 billion (Grand View Research).

Alludium is a multi-agent platform that integrates with any foundation AI model, including: OpenAI's GPT and o1/o3 models, Anthropic's Claude models, Meta's Llama models, Google's Gemini models and DeepSeek. Alludium plans to announce its AI Agent technolog and rollout with select partners afterwards.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation. The person who arranged for release of this announcement on behalf of the Company was John Farthing, Interim Chief Executive Officer of the Company and the Directors of the Company are responsible for the release of this announcement.

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Notes to Editors:

About Catenai PLC

Catenai is an AIM quoted provider of digital media and technology services. The Company specialises in IT solutions that solve commercial challenges and create opportunities for its clients, with an increasing focus incorporating AI into its platforms. The Company has an experienced IT team of project managers and integrators who have deployed systems across corporate, government and educational sectors.

http://www.catenaiplc.com

Caution regarding forward looking statements

 Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.