ENET Ethernity Networks Ltd

4 December 2024

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

Holding(s) in Company

Ethernity Networks Limited (AIM: ENET.L) (OTCMKTS: ENETF), a leading supplier of data processing semiconductor technology for networking appliances, received notification on 3 December 2024 from New Technology Capital Group, LLC ("New Tech"), that New Tech's voting rights over the Company's ordinary shares are below 3% of the Company's total issued share capital.

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About Ethernity (www.ethernitynet.com)

Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity's semiconductor logic offers complete Carrier Ethernet Switch Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity's complete solutions quickly adapt to customers' changing needs, improving time-to-market, and facilitating the deployment of 5G, edge computing, and Broadband Networks.