Update on QuiaPEG Transaction

Net Zero Infrastructure PLC

24 July 2024

NET ZERO INFRASTRUCTURE PLC

("NZI" or the "Company")

Net Zero Infrastructure Plc, a special purpose acquisition company formed with the intention to acquire renewable or clean energy technology companies and to finance, develop and promote those environmentally sound projects internationally, is pleased to announce an update on the license agreement with QuiaPEG. The agreement will now also include, in addition to the current projects QPG-1029 and QPG-1030, the development opportunity and related IP regarding administering peg-liraglutide on a patch, instead of a daily injection, hence potentially creating an easy-to-administer long-term treatment against obesity.

Enquiries:

For further information, please visit - www.nziplc.com

Contact Details

Net Zero Infrastructure plc

Mike Ellwood - Non-Executive Chairman

+44 (0) 799 932 9382

Axis Capital Markets Limited (Company Broker)

Richard Hutchison

+44 (0) 203 026 0320

IFC Advisory (Financial PR)

Graham Herring

Tim Metcalfe

+44 (0) 203 934 6630

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