Gorilla Technology Completes Acquisition of Shackleton Finance and Launches Gorilla Tech Capital

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, IoT technology and data centres. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: Gorilla-Technology.com.

About Gorilla Tech Capital

Gorilla Tech Capital, formerly Shackleton Finance Limited, is a UK-based Alternative Investment Fund Manager authorised and regulated by the Financial Conduct Authority. Following its acquisition by Gorilla Technology Group, the firm will operate as Gorilla's regulated capital platform, focused on mobilising institutional investment into AI data centres, GPU-as-a-Service deployments, sovereign infrastructure and adjacent digital infrastructure assets.

Building on Shackleton's established track record in venture, development capital and secondary investments, Gorilla Tech Capital will apply disciplined fund management, institutional governance and long-term capital formation expertise to the next generation of digital infrastructure opportunities.

The platform is inspired by the legacy of Sir Ernest Shackleton, whose leadership, resilience and determination brought his entire crew home against impossible odds. That spirit of perseverance remains central to Gorilla Tech Capital's mission: to support ambitious infrastructure projects with patient capital, disciplined execution and the conviction to keep moving forward.

For more information, please visit our website: Gorillatech.capital.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues" and similar expressions are intended to identify such forward-looking statements.

These forward-looking statements include, without limitation, statements regarding the anticipated benefits of Gorilla's completed acquisition of Shackleton Finance Limited, the establishment and operation of Gorilla Tech Capital as Gorilla's regulated capital platform, the integration and rebranding of Shackleton Finance Limited, Gorilla's ability to establish and manage future funds or investment vehicles, raise capital from institutional investors, negotiate investments in Gorilla's projects from Gorilla Tech Capital funds or other investment vehicles on an arm's-length basis, secure non-dilutive or less dilutive financing for its project pipeline, win additional projects and execute definitive contracts related thereto.

These forward-looking statements also include statements regarding Gorilla's strategy for AI data centres, GPU-as-a-Service deployments, sovereign infrastructure and adjacent digital infrastructure assets, together with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC.

These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.