THE FOLLOWING INFORMATION IS DISCLOSED IN ACCORDANCE WITH RULE 26 OF THE AIM RULES AND WAS LAST UPDATED ON 1 JULY 2023

‍Description of the business

KRM22 seeks to achieve its investment objective through the long term investment in, or acquisition of, private and public companies. The Company acquires or invests in companies that have some of, or all of, the following features:

• Market leading software offering: a software product used by customers
• Customer revenues: the business has a recurring revenue generating customer base
• Subject matter expert: the business founder, CEO or other key members of staff have expertise in a relevant risk management aspect or a technology
• Capital markets focus: the product fits into one of KRM22’s five key risk domains being Enterprise Risk, Market Risk, Compliance Risk, Operational Risk and Technology Risk
• Risk management focus: the product helps customers manage risk in one of the five risk domains identified by KRM22
• Acquisition price: a valuation for the deal which the Directors believe will deliver capital appreciation value for investors
• Where the Board believes that there are good growth opportunities through strategic and operational guidance and providing a platform to scale.

The Directors use their multiple years of experience and successful track records in the software and technology industry, as well as proven managerial and business experience, to drive business transformation and growth in the Investee Companies. KRM22 invests and takes controlling stakes in businesses (or in minority stakes) which are intended to create value for investors. Investments are made using cash and equity which may also include earn-out payments, subject to the Investee Company achieving certain key financial performance conditions. Investments may be made using debt where the Board concludes this is more appropriate. Each acquisition or investment is operated independently of each other. However, the Board helps each investment scale, using the expertise of the Board, as well as capitalising on cross-selling opportunities across Investee Companies customer base, deriving synergies and efficiencies by sharing technical expertise within the portfolio. Over time, the Board creates appropriate procedures to enhance returns by sharing some services across the Investee Companies while keeping them operationally separate.

As part of KRM22’s investment policy, the Board exercises appropriate control and strategic influence over the day-to-day operational management of any Investee Company. The Board and the senior management team provides strategic, technology and business support.

There is no set holding period for investments. However, it is the Company’s intention to hold its investments on a long-term basis. The investments made by the Company may take a variety of legal forms; for example it may acquire complete control or take both a majority stake of a business or a minority stake of a business, or form a joint venture or partnership. The Company expects to raise additional external funding when required to achieve its investment objective and to make further investments.

Please click here for a description of KRM22’s risk management platform business.

The Directors

Please click here for the names of the directors and their biographical details.

Board Committees and Corporate Governance

Please click here for information on how KRM22 manages its corporate governance.

UK City Code on Takeovers and Mergers

KRM22 is subject to the UK City Code on Takeovers and Mergers.

Country of Incorporation and Main Country of Operation

KRM22 Plc is incorporated in England and Wales (Registration Number 11231735). The Company’s main countries of operation are the UK, the USA, the Netherlands and the Czech Republic.

Current Constitutional Documents

Please click here for the Memorandum and Articles of Association.

Details of Any Other Exchanges or Trading Platforms

KRM22 is not listed on any other exchanges or trading platforms.

Financial Reports

Please click here for access to the Company’s annual and interim reports.

Company Announcements

Please click here to access the Company’s RNS announcements.

Admission Documents and Circulars

Please click here to access the Company’s Admission Document and circulars.

Advisors

Please click here for details of the Company’s Nominated Adviser and other key advisers.

Number of Securities in Issue

Please click here for the the details of the number of securities in issue, the number of securities held as treasury shares and, in so far as the Company is aware, the percentage of securities that are not in public hands together with the percentage holdings of significant shareholders.