This communication highlights the Company’s strategic repositioning, enhanced focus on legal and procedural compliance, and renewed investment in innovation and internal capabilities.
Our Founder, no longer involved in the Company and all the Cristian Association, that represent by far our larger combined majority shareholder, that are represented by Mr. Roberto Manzi, PhD, co-founder and Director of TTV, have asking us to take all the decisions and operational shifts described below that are fully aligned with the strategic roadmap defined by the BoD and the new members that will soon coming onboard.

1. Extension for Filing of 2024 Financial Statements

TTV has formally requested an extension from Companies House for the submission of the Company’s audited financial statements for the fiscal year ending December 31, 2024.
This delay is solely attributable to certain subsidiaries that have failed to provide their audited accounts within the required timeframe. TTV reiterates its commitment to full financial transparency and expects all controlled entities to meet regulatory deadlines moving forward

2. Emphasis on Legal and Procedural Integrity

In line with its core principles of corporate discipline and fiduciary responsibility, TTV is reinforcing formal compliance procedures across its controlled companies.
A strict internal audit of timelines, reporting accuracy, and board governance has been launched to align all subsidiaries with TTV’s standards. Participated companies are being reminded that accountability and timeliness are non-negotiable pillars of our corporate culture.

3. Strategic Portfolio Repositioning

Recognising that long-term value creation requires operational control in addition to majority ownership, the new management has resolved to divest from holdings where strategic alignment and governance influence are no longer tenable.

- Reputation Exchange PLC (REPX): TTV is initiating the sale of 650,000 shares in REPX to reduce its stake below 50.1%. Due to market opacity and a lack of reliable third-party valuations, TTV is open to offers and has already begun exploratory negotiations. It will be considered even to sell all the 2’260’000 Repx shares owned.

- BSS-One Ltd: Discussions are ongoing for the sale of up to 10% of TTV’s stake, to bring the holding under 50.1% and reallocate resources toward higher-impact opportunities.

4. Repayment of the Company Debt

One of the most important goals to realise is the full repayment of TTV bonds and debt. The sale of some of the holdings and some projected capital increase has to be considered strategic to obtain a debt-free situation, which will allow the Company to growth faster and safer.

5. New Acquisitions and Strategic Equity Swaps

TTV is currently negotiating the inclusion of two new companies under its umbrella through an equity exchange structure:
One company operates in the digital marketing space, with strong capabilities in customer engagement and content-based branding. The other is an HR-tech firm focused on employment and talent management.
This latter company will soon launch a transformative project—developed in partnership with the Università della Svizzera Italiana (USI)—to build a cutting-edge talent discovery and enterprise-matching system, based on behavioural, cognitive and contextual data.
This initiative is aligned with TTV’s mission to invest in scalable platforms that combine human capital and advanced digital technologies.

6. Innovation Through Academic Collaboration

TTV is proud to unveil a new phase of product innovation and R&D collaboration with the Università della Svizzera Italiana (USI), Faculty of Informatics.
Starting September 2025, Miffipay Ltd and Likex Ltd will begin development of two new digital products in collaboration with four USI students selected by the university. These teams will work on Minimum Viable Products (MVPs) based on concepts validated by the faculty and aligned with market trends identified by TTV. This partnership brings world-class academic research into the Company’s innovation pipeline at zero cost, while fostering long-term capability-building within our group.

7. Human Capital and Competence Building

As part of its repositioning, TTV is investing in:
Internal professionalisation: selectively insourcing strategic roles to build long-term capabilities. Equity-based compensation models: to attract high-level professionals while preserving cash flow. Cross-functional innovation hubs within its subsidiaries to support agile experimentation and rapid product development.
We thank all shareholders for their continued trust and support as TTV enters this new phase with discipline, innovation, and value creation at its core.


Kind regards,

The Board of Directors

The Tithe Value PLC

London, June 30, 2025