THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS, WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

FOR IMMEDIATE RELEASE

28 March 2024

Songtradr, Inc. ("Songtradr")

RULE 19.6(C) CONFIRMATION WITH RESPECT TO STATED POST-OFFER INTENTIONS WITH REGARD TO 7DIGITAL GROUP PLC ("7DIGITAL")

Songtradr, one of the world's largest B2B music licensing companies, delivering music solutions to music rights holders as well as brands, agencies, digital platforms and content creators, announces that, following the acquisition of 7digital by Songtradr, which was effected by way of a scheme of arrangement under Part 26 of the Companies Act 2006 and which became effective on 30 March 2023, it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of The City Code on Takeovers and Mergers (the "Code") that Songtradr has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(iv), 19.6 and 24.2 of the Code, as originally detailed in its Rule 2.7 announcement dated 8 February 2023 (the "Rule 2.7 Announcement") and scheme circular dated 1 March 2023 (the "Scheme Document").

Enquiries:

Songtradr

Paul Wiltshire, CEO                                                                                                                          +1 424 744 8190

Liberum Capital Limited (Financial Adviser to Songtradr)

Tim Medak                                                                                                                                   +44 (0)20 3100 2000

Further Information

Liberum Capital Limited ("Liberum"), which is authorised and regulated in the UK by the FCA, is acting as financial adviser to Songtradr and no-one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than Songtradr for providing the protections afforded to clients of Liberum nor for providing advice in connection with the Offer and other matters referred to herein. Neither Liberum nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Liberum in connection with this announcement, any statement contained herein or otherwise.