Update on Chilean Operations

Reach Announcement

24 October 2025

Eco Buildings Group PLC

(“Eco Buildings” or the “Company”)

Update on Chilean Operations

 

Eco Buildings Group plc (“Eco Buildings” or the “Company”), the AIM-quoted designer, manufacturer and builder of advanced modular housing systems, issues the following clarification in response to recent investor enquiries and online commentary regarding its operations in Chile.

As part of Chile’s regulated social housing framework, all projects are administered through licensed entities known as Entidades de Gestión Inmobiliaria Social (EGIS), officially accredited Social Housing Management Organisations that act as the primary interface between government programmes and private sector delivery partners.

Eco Buildings’ agreement in Chile is with E.P. Solhabit Ltda., a fully licensed and accredited EGIS authorised to participate in Chile’s national social housing programme. Under this framework, Solhabit designates the qualifying recipient families and oversees compliance with national housing policy requirements, while Eco provides its advanced modular housing technology and construction expertise.

The Company confirms that its collaboration with Solhabit is fully consistent with Chilean administrative procedures and housing legislation. Eco Buildings is also in active and extensive discussions with several additional licensed EGIS entities, reflecting the substantial and growing demand for the Company’s innovative, high-tech, and energy-efficient building systems. There are in excess of 370 licenced EGIS organisations in Chile.

These arrangements are set out in the Government legislation : Resolution 1439 Exenta under the New Housing Policy of the Chilean Government

Eco Buildings continues to progress these opportunities in a structured and transparent manner, ensuring that each partnership meets both local regulatory standards and the Company’s own governance requirements.

Further updates will be provided as developments occur.

For context, investors can refer to the publicly available documentation outlining the EGIS framework within Chile’s national social housing programme. Please use the following link:

https://www.arcom.ac.uk/-docs/proceedings/ar2008-371-380_Salvatierra-Garrido_Pasquire_and_Thorpe.pdf

About Eco Buildings Group Plc

Eco Buildings Group Plc is a technology company redefining global housing delivery. Its proprietary automated GFRG modular building system enables the construction of sustainable, high-quality homes at unmatched speed and cost, certified across multiple jurisdictions. Eco’s strategy is to deploy at least two production lines per country in partnership with governments and developers to meet urgent housing demand worldwide. Our modular housing solutions cater to both affordable and high-end housing markets. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

Further information is available on Eco Buildings website: www.eco-buildings.net

For more information contact:

Eco Buildings Group plc

Dr Etrur Albani , Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

Tel:  +44 (0) 203 368 3550

Tavira Securities Limited (Broker)

Oliver Stansfield / Jonathan Evans

Tel:  +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)
Douglas Crippen

Tel: +44 (0) 203 003 8254

Notes

The Company has acquired proven and innovative prefabricated technology which has been in development and commercial use since 2006. Eco Buildings' range of prefabricated, green housing products based on glass fibre reinforced gypsum walls (“GFRG”) provides a construction solution for both affordable and high-end housing.

Eco Buildings has already secured two sales contracts with major construction companies, one in Albania, the other in Kosovo, which are expected to generate gross sales revenue of approximately up to €38 million in total per annum over the first three years (approximately €114 million in total) following Admission.

The market share for factory-based building technology is expected to grow significantly over the coming years as private developers and the public sector seek to address the substantial and growing deficit in housing stock and issues of construction cost, speed and quality and housing affordability.

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Clarification re Eco Buildings €420m Chile Contract