Completion of Nominated Adviser due diligence

8 June 2022

CyanConnode Holdings plc

(the "Company")

Completion of Nominated Adviser due diligence

CyanConnode Holdings plc (AIM:CYAN.L), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that further to the appointment of Cenkos Securities Plc ("Cenkos") as its Nominated Adviser and Joint Broker on 27 April 2022, Cenkos has confirmed that it has completed its due diligence and accepted the appointment.

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 About CyanConnode

CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, which are used for machine to machine (M2M) communication.  As well as being self-forming and self-healing, CyanConnode's RF Smart Mesh Networks are designed for rapid deployment, whilst giving exceptional performance and competitive total cost of ownership.

In June 2018, CyanConnode launched its award-winning Omnimesh AMI platform, which has already gained considerable commercial traction, especially in India which is a key market for the Company.

Through a global partner eco-system, which is vendor agnostic, CyanConnode has several routes to market, therefore it is well positioned to capitalise upon increasing global demand for smart metering solutions.

For more information, please visit www.cyanconnode.comFor more information, please visit www.cyanconnode.com

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.