NICOSIA, CYPRUS — December 23, 2025 — NanduQ plc (AIX: NNDQ) (“NanduQ”, “Group” or the “Company”), an innovative provider of cutting-edge fintech services, today announces that its board of directors (“Board of Directors”) adopted decisions at its meeting on December 19, 2025, concerning the following matters:

• entering into a novation agreement with Fusion Factor Fintech Limited in relation to the completion of the sale agreement executed on January 19, 2024 in respect of the Russian assets consolidated under JSC QIWI (the “Novation Agreement” and the “Transaction”, respectively);
• convocation of an extraordinary general meeting of shareholders (“EGM”) to be held on February 9, 2026.

According to the Novation Agreement between the Company, as seller, and Fusion Factor Fintech Limited, as buyer (“Buyer”), the Buyer’s monetary obligation to pay the outstanding amount under the Transaction will be settled via (i) a cash payment in the amount of RUB 4,000,000,000; (ii) the transfer to the Company of 29,228,000 class B shares issued by the Company, on the terms and subject to the conditions of the Novation Agreement. The Novation Agreement will be executed in due course.

In view of the fact that performance of the Novation Agreement will result in the Company acquiring its own shares, and in compliance with the requirements of Cypriot law, the Board of Directors has resolved to convene the EGM to consider, among other things, and if thought fit, approve, implementation of a share buyback of class B shares to be executed through one or series of buybacks. Please refer to section “EGM Agenda” below for more detailed information.

Furthermore, as the Group is entering to a new phase of development, the Company intends to proceed with the establishment of a Group employees’ long-term equity-based incentive plan (“LTEIP”) that is directly aligned with the long-term success of this new phase and congruent with the interests of the Company’s shareholders.

For the purpose of implementing the LTEIP arrangements, the Board of Directors, among other things, has recommended the following to the EGM:

• amend its current articles of association (“Articles”) by adopting new articles to create an additional class of shares in the share capital of the Company(“New Articles”);
• increase the authorised share capital of the Company by the creation of 800,000 class C redeemable preference shares of nominal value €0.25 each (“Class C Shares”);
• issue and allot Class C Shares to the NanduQ employees benefit trust (“NanduQ Employees Trust”), once it is established, at the nominal value of such shares to be paid to the Company in cash;
• shareholders of the Company to proceed with the disapplication of their pre-emption rights.

The corresponding items are also submitted for consideration at the EGM (please refer to section “EGM Agenda” below for more detailed information).

EGM Agenda

In light of the above background the Board of Directors convened an extraordinary general meeting of shareholders (EGM”) to be held on February 9, 2026 at 10.00 a.m. (Cyprus time) at the Company’s registered office at 12 Kennedy Avenue, Business Centre, 2^nd floor, P.C. 1087, Nicosia, Cyprus, for the purpose of considering and if thought fit, approving the matters set out in below.

Accordingly, at the EGM, the following items will be submitted for shareholders’ approval:

1. the amendment and replacement of the Company’s Articles by adopting New Articles;
2. the increase of the authorised share capital of the Company by the creation of Class C Shares;
3. the reservation of Class C Shares for issuance to the NanduQ Employees Trust, once it is established;
4. the issuance and allotment of the Class C Shares to the NanduQ Employees Trust, once it is established, for a total consideration of €200,000 to be paid to the Company in cash;
5. authorization of the Board of Directors, in its sole discretion, to redeem the Class C Shares in the Company on such terms and in such manner as set out in regulation 6A of the New Articles;
6. disapplication of any pre-emption rights and/or any other rights the shareholders may have with regard to the issuance and allotment of the Class C Shares to the NanduQ Employees Trust, once it is established;
7. authorization of the Board of Directors to acquire the Company’s class B shares, for and on behalf of the Company, up to a maximum of ten percent (10%) of then-issued share capital, on terms and conditions to be determined by the Board of Directors, provided that any such acquisition shall be subject to the framework approved by the EGM, including the minimum (U.S.$2.75) and maximum (U.S.$5.75) purchase prices per class B share.

Further details on the agenda and procedural matters for the EGM will be made available by the Company to its shareholders and, through RCS Trust and Corporate Services Ltd., to its ADS holders.

Copies of certain materials related to the EGM, including notice for the convocation of the EGM and forms of the shareholder’s proxy, are available on our website at https://nanduq.com/governance/general-meetings/. Notice for the convocation of the EGM is also available at https://aix.kz/issuers/nndq/.

About NanduQ plc.

NanduQ plc is an innovative provider of cutting-edge fintech services. We stand at the forefront of fintech innovations to facilitate and secure the digitalization of payments. Our mission is to create adaptive fintech solutions that connect companies and millions of people in the changing world. We offer a wide range of payment and financial service products for merchants and B2C clients across various digital use-cases. NanduQ’s American depositary shares are listed on the Astana International Exchange (ticker: NNDQ). For more information, visit nanduq.com.

Contact

Investor Relations

ir@nanduq.com