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Tonner Drones ends relationship with confidence and stops further dilution Page 1

Tonner Drones ends relationship with confidence and stops further dilution Page 1

Tonner Drones ends relationship with Trust and stops further dilution

Cannes, September 9, 2024 08:00, Tonner Drones (the “Company”) is pleased to announce that it has reached a historic milestone by entering into an agreement1
(the “Agreement”) with the founders of the Fiducie A trust (the “Trust”), which will stop further dilution.

  • DM van den Ouden, Managing Director, purchases the €1.49 million trust contract (the “Contract) to stop further dilution
  • The right to make conversions has been removed from the Contract
  • The new interest rate under the contract has been reduced to 4% per annum (from 12%) and the term has been extended to June 30, 2026
  • For the first time in many years, the Company is no longer subject to further dilutive instruments

The company is pleased that Mr. van den Ouden was willing to reinvest. This is a historic milestone, as the company (when it was still called DeltaDrone) was always financed with dilutive variable pricing equity lines.