07:00 UK Regulatory (RNS & others) Starcom PLC Issue of Equity LSE:STAR Starcom Plc Here are the details of STAR's last four placings: stock-market/london /starcom-STAR/share- news/Starcom-PLC-Loa ns-from-Directors-an d-Grant-of-Warr/8207 5304 Following the grant of the Warrants, the Company has 53,293,947 options and warrants to subscribe for Ordinary Shares in issue, representing 15.4% of the Company's current issued share capital.' The Warrants are exercisable from the date of grant and expire on the second anniversary of the grant. The Warrants are exercisable at a price of 1.5p pence per Ordinary Share, being a premium of 50% to the closing mid-market share price on 24 March 2020. Pursuant to the Loan Agreements, the Company has granted 4,000,000 Warrants to subscribe for Ordinary Shares to the Lenders, as set out in the table above. 07:00 UK Regulatory (RNS & others) Starcom PLC Loans from Directors and Grant of Warrants LSE:STAR Starcom Plc Note that there are also warrants from the loan agreement, at 1.5p, which have to be exercised within about six months. The loans could have been rolled over, but obviously the directors want these shares now. It's the equivalent of massive director share buying, and at a large premium. stock-market/london /starcom-STAR/share- news/Starcom-PLC-Con version-of-loans-and -Director-share/8618 4674 On Admission, the shareholdings in the Company of the directors concerned will be as follows. It is anticipated that Admission will become effective on 7 October 2021. to the most recent closing mid-market share price and reflects the confidence of the lenders in the prospects for the Company.ДЄpplication will be made for the New Ordinary Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM ('Admission'). The conversion price is at a premium of approximately 39 per cent. Igor Vatenmacher (Chief Financial Officer) 1,744,000 Montrose Securities Limited, a company controlledД«y Michael Rosenberg (Non-Executive Chairman) 8,000,000ДЄvi Engel (Non-Executive Director) 8,000,000 The loan notes were for GBP223,600 in total and accordingly, a total of 19,488,000 ordinary shares ('New Ordinary Shares') will be issued to the lenders as follows: 'The Board of Starcom (AIM: STAR), which specialises in the development of wireless, Internet-of-Things (IoT) based solutions for the remote tracking, monitoring and protection of a variety of assets, is pleased to announce that all the holders of the convertible loan notes issued in March 2020 and due for repayment or conversion by 30 September 2021, have exercised their options to convert these loans into new ordinary shares of Starcom at the conversion price of 1.25p per share. 07:00 UKREG Starcom PLC Conversion of loans and Director shareholdings

Chat star