Category 2 Acquisition Announcement and Withdrawal of Cautionary Announcement

Shareholders are advised that on 26 February 2021, the Company, through its wholly owned subsidiary Alaris Investment Holdings UK Limited (“Alaris UK”), entered into an agreement (“Agreement”) with Mr CM Carr, Ms R Carr, Mr AF Corlett, Mr PA Tyson, Mr S Green, Mr IJ Duke and Mr NJ Sparling (“the Sellers” and, together with Alaris, “the Parties”), in terms of which the Company will purchase the entire issued share capital of
Linwave Technology Limited (“Linwave”) from the Sellers for a purchase consideration of GBP 3 million and the issue of 1 823 145 Alaris ordinary shares (“Purchase Consideration”) (“Acquisition”).

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