BLK Global PLC: Direct Listing on Euronext Access Dublin

Dublin, Ireland – 29 July, 2026 – BLK Global PLC (“BLK” or the “Company”), the operator of www.blkcommodities.com, a proprietary digital marketplace for the sourcing, trading and physical fulfilment of raw materials and commodities, is pleased to announce that the Company’s application for admission to trading on Euronext Access Dublin has been approved by the Euronext Listing Board.

The admission has been undertaken by way of a direct listing and does not involve the issue of new shares or the raising of capital by the Company. Trading is expected to commence at 8.00am on 31 July 2026 under the ticker code BLKX and ISIN GB00BPSKS130.

About BLK

Founded by experienced shipping and technology industry executives Gabriele Dadò and Aleksandra Dadò in 2018 and headquartered in Glasgow, Scotland, BLK is establishing itself as a leading global enabler of digital trade and physical fulfilment of raw materials and commodities. BLK operates www.blkcommodities.com, a proprietary horizontal peer-to-peer marketplace that connects businesses worldwide, allowing clients to buy directly from producers, without middle-men. BLK is digitalising the traditionally offline commodities market, offering a seamless and transparent digital platform that connects buyers and sellers of a wide range of raw materials spanning agricultural, chemical, energy, construction, industrial and metals categories without intermediaries. The Company’s mission is to allow businesses to pay the real value for goods, and to ship commodities directly with a click, digitalising the entire supply chain.

BLK operates two complementary divisions. BLK Technologies manages www.blkcommodities.com, the digital marketplace that collects transaction fees from sellers and shippers on the volume of business conducted. BLK Shipping provides the physical fulfilment, shipping and supply-chain solutions for the commodities bought and sold by clients on the platform. The Company’s revenue model combines marketplace transaction fees with shipping, fulfilment and recurring subscription and data-driven revenue streams. Each marketplace transaction generates valuable new data points on user behaviour and trade flows, building a proprietary dataset for which market demand is growing. While shipping currently represents the majority of Group revenue, the Directors consider the opportunity to digitalise raw materials and commodities trading through the digital marketplace represents a significant scaling opportunity for the Company.

BLK serves customers and counterparties internationally, operating from its headquarters in Glasgow with offices in Mumbai and Dubai. As at December 2025, more than US$15 billion of commodity stock was available for sale on its platform. For the year ended 30 June 2025, BLK recorded turnover of £20.7 million (2024: £5.5 million) and adjusted EBITDA of £1.05 million. Trading for the year ended 30 June 2026 has been in line with Director expectations and the Company expects to report its full year audited accounts in October 2026.

Direct Listing and Medium Term Outlook

The Directors believe that now is an optimum moment for BLK to become a public company and to leverage the listing to execute its plan to establish the Company as a leading player in the digitalised trading of raw materials and commodities. The Company intends to use its public profile to more quickly, build trust and awareness of BLK and its solutions with customers in its targeted verticals on a global basis. By executing its plan for growth in a public forum BLK is seeking to incrementally build relationships with a global universe of investors, capital providers and intermediaries to position the Company to access further capital, as and when opportunities for further growth initiatives arise.

The Company’s medium-term objective is to grow Group revenues at a compound annual growth rate in excess of 40%. By 2030 the Company is targeting for c.40% of its revenues to derive from its marketplace platform. In line with the Company’s rationale for listing, BLK is positioning itself to be among the first horizontal commodities trading marketplaces globally and will raise further capital opportunistically where required to pursue growth initiatives, both organically or through acquisition. By 2030 BLK aims to be positioned as a category leader in the market with an opportunity for meaningful international scale.

Company Highlights

BLK is an early mover in the digitalisation of upstream commodity trading, with a growing reputation and an eight-year track record of delivery. BLK is differentiated by the following characteristics:

• Early-mover advantage in the digitalisation of the wholesale / upstream commodity trading with only a small fraction of a c.$23.5 trillion global market digitalised. BLK is positioned at the intersection of B2B marketplace technology and physical supply-chain execution1.
• A large, largely offline addressable market, with BLK digitalising upstream supply chains horizontally across all commodity types; as at December 2025, more than US$15 billion of commodity stock was listed on its platform.
• Demonstrated revenue traction, with significant revenue growth achieved between FY2023 and FY2025 and positive operating profit achieved in FY2025.
• A scalable hybrid model combining marketplace transaction fees with shipping, fulfilment and recurring SaaS/DaaS revenue streams, with the opportunity to earn a fee on every commodity trade.
• An asset-light core platform whose digital infrastructure enables scalable growth without proportional fixed-cost expansion, supported by flexible physical fulfilment.
• A proprietary data asset, with each marketplace transaction generating new data points on user behaviour and trade flows, for which market demand is growing.
• A founder-led management team with experience across the technology and shipping sectors and the global expertise to capitalise on key macro drivers for commodity demand.

Gabriele Dadò, Chief Executive Officer of BLK, said:

“We are excited to become a public company at a pivotal moment for BLK and for the digitalisation of global commodity trade. The Euronext Access market in Dublin provides an ideal stepping stone for BLK to execute the next phase of our growth, leveraging our standing as a public company to build our profile, grow a qualified audience of customers and partners as well as enhancing the Company’s access to public and competitive capital markets, as future growth opportunities arise. This will enable us to deliver on our mission of providing transparency and access to SMEs with direct, peer-to-peer access to producers and sellers of commodities, reducing reliance on brokers and intermediaries, streamlining the procurement process and making the whole supply chain more efficient for the benefit of local economies at both ends of the chain.”

About Assiduous

Assiduous acted as Listing Sponsor to BLK Global PLC in connection with its admission to Euronext Access Dublin. BLK selected Assiduous for its novel technology-enabled Neo Sponsor® model, which combines traditional capital markets expertise with software-driven governance, compliance and investor relations tools designed to support growth companies throughout their public market journey. Assiduous is building the AI native Corporate Finance Autopilot™ to eliminate barriers to capital markets for small and medium sized companies, like BLK, through technology. Assiduous is partnering with Euronext to facilitate SMEs listing earlier in their lifecycle. With Assiduous, SMEs can grow through their formative stages as public companies, benefiting from the transparency and disclosure of public markets to attract investors and incrementally access capital to finance growth and liquidity. The Euronext Access market is specifically designed for growing SMEs, with tailor-made trading and regulatory regimes suitable for small and mid-sized growth companies. With more than 170 companies listed on Euronext Access venues in Paris, Brussels and Lisbon, Assiduous is pleased to bring BLK Global PLC to list on the Euronext Access venue in Dublin. Headquartered in Ireland, Assiduous partners with Euronext to facilitate earlier access to public markets for SMEs through its technology-enabled corporate finance platform.

For further information:

NeoSponsor@assiduous.tech

www.assiduous.tech

This press release does not constitute, nor should it be construed as, an offer to the public to subscribe for, purchase, sell or exchange, or an invitation to make an offer to subscribe for, purchase, sell or exchange, any securities. The distribution of this press release in certain countries may constitute a violation of the laws of such jurisdiction. This document may not be published, distributed, used, in whole or in part, directly or indirectly, by or in the United States, Canada, Australia or Japan. This announcement should be read in conjunction with the Information Document.

Companies listed on the Euronext Access market are not subject to the same rules as companies listed on a regulated market. They are subject to a less extensive set of rules, tailored to smaller growth companies. Therefore, the investment risk in companies listed on Euronext Access may be higher compared to investing in companies listed on a regulated market. Prospective investors should read the risk factors described in Section 2 of the Information Document prepared for Admission. The occurrence of one or more of these risks could have a significant adverse effect on the Company’s business, reputation, financial position, results, or outlook. The Information Document will be available free of charge from the investor section of the Company’s websitewww.blkcommodities.com/investors.

Forward-Looking Statements

This press release contains forward-looking statements, including statements relating to the Company’s strategy, growth plans, market opportunities, financial objectives, operational targets and future performance. Such statements are based on current expectations, estimates and assumptions of the Directors and involve known and unknown risks and uncertainties which may cause actual results to differ materially from those expressed or implied.

Forward-looking statements speak only as at the date of this announcement. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements.

Any financial objectives or operational targets contained in this announcement are based on current management expectations and market conditions and should not be regarded as profit forecasts or guarantees of future performance. Actual results may differ materially. Readers are cautioned not to place undue reliance on forward-looking statements.

1. Market sizes shown represent estimated global gross transaction values; addressable market for the Group is a subset thereof. Market size figures are presented for context only and should not be interpreted as a forecast of the Company’s future revenues or market share. Upstream excludes Energy. The Company’s near-term addressable segment focuses on agro, infrastructure and specialty verticals within cross-border B2B trade corridors. Sources: The Business Research Company, Retail Market Report 2026; Wholesale Market Report 2026, Agriculture Global Market Report 2026; Quantum Foresight, e-Commerce Business Statistics 2026; Deloitte, 2026, Retail Industry Outlook; Bain & Company, 2026 Retail Executive Agenda; Research and Markets, Wholesale Market Report 2026; World Bank, Commodity and Markets Outlook 2026; PwC, 2026 Global M&A Trends, Fortune Business Insights, Smart Mining Market & Mining Outlook 2026

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