Appointment of Non-Executive Director

11 November 2024

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Appointment of Non-Executive Director

CyanConnode (AIM:CYAN.L), a world leader in narrowband radio frequency (RF) smart mesh networks, is pleased to announce the appointment of Mr Lyndon Faulkner to the board as a Non-Executive Director with immediate effect.

Lyndon brings over thirty years of visionary leadership as a senior business executive, having held key positions at major international organisations. His career includes roles as Chairman & CEO of Pelican Products, General Manager of Microsoft Corporation (Nasdaq: MSFT), and executive roles at Technicolor Home Entertainment and Nimbus CD International (Nasdaq: NMBS). Lyndon has also served as a senior adviser to numerous companies in the private equity space.

He has a proven track record of driving profitable businesses and helping bring industry-shaping products and technologies to market including the Compact Disc, CD's Digital Video Disc, DVD's at Nimbus/Technicolor and illustrious products like Microsoft Windows, Office XP and XBOX. This track record also includes preparing and taking a company public through an IPO, executing numerous international corporate mergers and acquisitions, and generating revenue through international and domestic business expansion.

In his role at CyanConnode, Lyndon will serve as a senior adviser, focusing on investor relations and strategic growth. He will not receive cash remuneration; instead, he will be compensated with share options, the details of which will be announced later today when the options are issued.

John Cronin, Executive Chairman, commented:

"I'm delighted to welcome Lyndon to the Board at this pivotal time for CyanConnode. His extensive experience in scaling technology companies and advising on corporate strategies across businesses of all sizes will be of immense value to us."

Further information on Lyndon's appointment:

The following details in relation to the appointment of Lyndon Faulkner are disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules:

Lyndon John Faulkner (aged 64) has held the following directorships and/or partnerships in the past five years.

Lyndon Faulkner holds no shares in the Company.

There is no further information to be disclosed in relation to Lyndon Faulkner's appointment pursuant to AIM Rule 17 or Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

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