Announcement • Jul 01
Pineapple Power Corporation plc Announces Appointment of Nicholas Nelson as Non-Executive Director, Effective June 29, 2026 Pineapple Power Corporation PLC announced that Nicholas Nelson joined the Board of Pineapple Power with effective June 29, 2026 as a Non-Executive Director. He has significant experience in UK plc corporate finance and governance, and in RTO transactions. Current directorships /partnerships: Graft Bio Limited, appointed September 24, 2024; Solvonis Therapeutics Plc (formerly Graft Polymer (UK) Plc), appointed March 15, 2024. Previous directorships /partnerships held within the last five years: Nexfin Limited 12397111 (dissolved January 14, 2025), January 10, 2020 to January 14, 2025; SOPS Connect Limited Directorship, April 6, 2021 to October 1, 2021; SulNOx Fuel Fusions Limited Directorship, February 27, 2019 to December 4, 2020; Phimedix Plc (dissolved) Directorship, March 11, 2020 to October 18, 2022. New Risk • May 22
New major risk - Negative shareholders equity The company has negative equity. Total equity: -UK£259k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-UK£259k). Revenue is less than US$1m. Market cap is less than US$10m (UK£2.58m market cap, or US$3.47m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Jul 06
Pineapple Power Corporation plc, Annual General Meeting, Jul 28, 2025 Pineapple Power Corporation plc, Annual General Meeting, Jul 28, 2025. Location: the offices of fladgate llp, 16 great queen st, wc2b 5dg, london United Kingdom 
