BYTES TECHNOLOGY GROUP PLC - AGM Statement

AGM Statement

Bytes Technology Group plc
(Incorporated in England and Wales)
(Registered number: 12935776)
LEI: 213800LA4DZLFBAC9O33
Share code: BYI
ISIN: GB00BMH18Q19
("BTG" or "the Company")

26 July 2022

AGM Statement

Ahead of the Company's Annual General Meeting being held later today, the Board issues the following
brief update on trading.

BTG, one of the UK's leading software, security and cloud services specialists, is pleased to report that
it has made a positive start to the current financial year. The Company has performed well across its
key financial performance metrics, with growth in Gross Invoiced Income, Gross Profit and Adjusted
Operating Profit all comfortably in double digits for the first four months of the financial year.

Neil Murphy, Chief Executive Officer, said:

"We've made a strong start to the financial year, with continued growth from both the corporate and
public sectors. Whilst the macroeconomic backdrop remains uncertain, customer demand has
remained robust and we continue to be well positioned to deliver on the significant opportunities in front
of us."

-Ends-

Enquiries:

Bytes Technology Group plc
Neil Murphy, Chief Executive Officer
Andrew Holden, Chief Financial Officer

Tel: +44 (0)1372 418 500

Headland Consultancy
Stephen Malthouse
Henry Wallers
Jack Gault

Tel: +44 (0) 20 3805 4822
Email: bytes@headlandconsultancy.com

About Bytes Technology Group plc:
BTG is one of the UK's leading providers of IT software offerings and solutions, with a focus on cloud
and security products. The Company enables effective and cost-efficient technology sourcing, adoption
and management across software services, including in the areas of security and cloud. It aims to
deliver the latest technology to a diverse and embedded non-consumer customer base and has a long
track record of delivering strong financial performance.

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary
listing on the Johannesburg Stock Exchange.

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 26-07-2022 08:00:00
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