THE ATLANTIC UNITED JOURNEY.

Atlantic United Sports & Media Group is pleased to announce a significant milestone in its pursuit of acquiring a controlling interest in a historic English football club.

The company has now received more than 10 serious soft commitments from prospective funding participants toward its proposed £15 million acquisition funding requirement.

This represents meaningful progress in the company's capital-raising efforts and reflects growing interest in Atlantic United's vision for the future of football ownership, commercial development and long-term growth.

With investor discussions advancing, Atlantic United is now progressing toward the next stage of its corporate and financial preparation. This includes putting the necessary company structure, legal documentation, investment agreements and administrative framework in place to facilitate the formal acceptance and processing of investment funds.

The objective is to ensure that the company is properly prepared to receive qualifying investment capital, subject to completion of the applicable legal, regulatory and financial requirements.

The proposed £15 million funding initiative is intended to support Atlantic United's planned acquisition of a controlling interest in a historic English football club. The company is working toward an anticipated acquisition completion target of April 2027, subject to successful fundraising, satisfactory due diligence, definitive transaction documentation, required approvals and satisfaction of all applicable conditions.

While the soft commitments represent an encouraging step forward, the funding remains subject to formal investment documentation and completion of the necessary investment process.

Atlantic United's ambitions extend beyond the acquisition itself. The company's broader vision is to build a professionally managed sports ownership and development organisation focused on strengthening football operations, expanding commercial opportunities, improving supporter experiences and developing the long-term potential of the club and its surrounding community.

The current progress marks an important transition from initial acquisition discussions toward the formal preparation required to advance the proposed transaction.

The proposed acquisition has not been completed. Soft commitments and expressions of investment interest are preliminary and do not constitute binding investment agreements or funds received. The proposed funding remains subject to definitive documentation, applicable securities laws, due diligence, financing and all required regulatory and football approvals. The April 2027 completion date is a target only and is not guaranteed.

Atlantic United Sports & Media Group is pleased to announce that it has submitted a formal Letter of Intent (LOI) outlining its proposal to acquire a controlling interest in a historic English football club.

The submission represents an important milestone in Atlantic United's strategy to enter professional football ownership and pursue the long-term development of an established English football institution.

The proposed acquisition reflects our belief that historic football clubs have opportunities to build upon their heritage while embracing modern commercial thinking, strategic development and a sustainable approach to the future.

Our interest extends beyond the sporting side of football. We see the potential to explore opportunities across several areas of club development, including commercial growth and strategic partnerships, stadium facilities and match-day experiences, sponsorship, hospitality and revenue development, youth development and football infrastructure, and supporter engagement and community relationships.

Our philosophy is built around combining respect for football tradition with a modern approach to club ownership and business development.

Following the submission of the Letter of Intent, the proposed transaction remains subject to further discussions, due diligence, financing, definitive transaction documentation and applicable regulatory and football approvals.

There are important stages ahead, and we recognise the professional, financial and operational work required to advance a transaction of this nature. Atlantic United is focused on progressing these steps carefully and establishing the foundations necessary to pursue the opportunity.

This is the beginning of an exciting chapter for Atlantic United Sports & Media Group. Our ambition is to build an organisation that respects the history and identity of football while exploring new opportunities for commercial development, sporting growth and long-term value creation.

We look forward to sharing further updates as the process develops.

The Letter of Intent outlines a proposed acquisition and does not constitute a completed purchase. The proposed transaction remains subject to due diligence, financing, definitive agreements and applicable approvals. No ownership or operational control of the football club has transferred to Atlantic United.