Business Wire

Winamp Group Announces the Continuation of Its Bond Financing with Hexagon Capital Fund, Supported by Maxximum

Business Wire

BRUSSELS, October 23, 2026--Regulatory News:

Winamp Group SA (Euronext Growth Paris and Brussels: ALWIN) (the "Company") announces that Hexagon Capital Fund ("HCF") has subscribed to three additional bond tranches totalling €675,000, under the financing agreement of up to €2 million announced on September 18, 2025.

Continuation of Financing with Hexagon Capital Fund

As disclosed in its press release dated August 7, 2026, Maxximum SRL ("Maxximum"), the Company's reference shareholder, had acquired from HCF the bonds relating to the second financing tranche, originally amounting to €250,000 and subscribed in November 2025.

Following this transaction, HCF continued to provide financing to Winamp Group by subscribing to three additional bond tranches of €300,000, €100,000 and €275,000, respectively, during August and September 2026.

Maxximum subsequently also acquired from HCF the bonds relating to the third financing tranche, originally amounting to €300,000.

These transactions, carried out with Maxximum's support, enabled Winamp Group to settle the bonds concerned without drawing on its cash resources and to continue accessing financing from HCF. They therefore helped preserve the Company's liquidity and support the Group's ongoing operations at a time of significant financing needs.

Financing Agreements with Maxximum

In connection with the settlement of the second and third bond tranches subscribed by HCF, Maxximum acquired the relevant bonds in exchange for the transfer of Winamp Group shares it already held.

These transactions resulted in the extinguishment of HCF's corresponding claims against Winamp Group. In consideration of Maxximum's involvement, the parties have finalised the terms of two financing and debt acknowledgement agreements intended to formalise the Company's new financial obligations towards its reference shareholder.

The agreements provide for an aggregate principal amount of €643,729.07, corresponding to the contractual value of the Winamp Group shares transferred by Maxximum to HCF in connection with the two transactions. This amount does not represent an additional cash contribution to the Company.

The agreements have a term of 24 months, bear interest at a fixed annual rate of 8%, and do not require periodic repayments of principal. At maturity, Winamp Group may elect to settle the outstanding amounts either in cash or in shares.

Maxximum may also request early repayment, in whole or in part, exclusively in Winamp Group shares, subject to the applicable legal and statutory approvals.