<div id="readability-page-1"><div>RNS Number : 7675F Argo Blockchain PLC 31 October 2025 Press Release31 October 2025Argo Blockchain plc(&#34;Argo&#34; or &#34;the Company&#34;)Update on Restructuring Plan ProcessAs previously announced by Argo, the Company is undertaking a recapitalisation by way of a restructuring plan under Part 26A of the Companies Act 2006 (the &#34;Restructuring Plan&#34;). As announced yesterday, Argo filed with the High Court of Justice in London a claim form relating to the Restructuring Plan.Today, Argo has filed with the High Court the court bundles to accompany the claim form.Copies of the court bundles are available to Plan Participants upon request to argo@is.kroll.com or argo@fladgate.com.The Restructuring Plan will be structured to enable the Company to rely on the exemption provided by Section 3(a)(10) of the U.S. Securities Act of 1933, as amended, and certain other available exemptions under the U.S. Securities Act of 1933 and applicable state securities laws, in each case with respect to securities expected to be issued under the plan.For further information please contact:<div><table><tbody><tr><td>Argo Blockchain</td><td></td></tr><tr><td>Investor Relations</td><td>ir@argoblockchain.com</td></tr><tr><td>Information Agent - Kroll Issuer Services</td><td>argo@is.kroll.com</td></tr></tbody></table></div> About Argo:Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With a mining facility in Quebec and offices in the US, Canada, and the UK, Argo's global, sustainable operations are predominantly powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company, and a signatory to the Crypto Climate Accord. For more information, visit www.argoblockchain.com.Forward looking statementsThis announcement contains &#34;forward-looking statements,&#34; which can be identified by words like &#34;may,&#34; &#34;will,&#34; &#34;likely,&#34; &#34;should,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;future,&#34; &#34;plan,&#34; &#34;believe,&#34; &#34;intend,&#34; &#34;goal,&#34; &#34;seek,&#34; &#34;estimate,&#34; &#34;project,&#34; &#34;continue&#34; and similar expressions. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The information in this announcement about future plans and objectives of the Company are forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements include, market and other conditions, the principal risks and uncertainties listed in the risk factors set forth in our Annual Report and Financial Statements and Form 20-F for the year ended 31 December 2024.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END REPQFLFXEBLEFBV</div></div>

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Argo Blockchain PLC has provided an update on its restructuring plan process, having filed a claim form with the High Court of Justice in London. The company is undertaking a recapitalization under Part 26A of the Companies Act 2006. Court bundles have been filed to accompany the claim form, and copies are available to Plan Participants. The restructuring plan aims to utilize exemptions under the U.S. Securities Act of 1933 for securities expected to be issued. Argo is focused on large-scale cryptocurrency mining and operates sustainably with renewable energy.

REG - Argo Blockchain PLC - Update on Restructuring Plan Process