Adslot Ltd. announce that it has executed a two year extension of its marketplace agreement with the world's largest media investment company, GroupM. This agreement, which was initially executed in June 2021 under interim commercial terms, provides GroupM with a white-labelled instance of the Adslot Media platform in the United Kingdom for use as a component of its Premium Supply initiative. The updated agreement features improved commercial terms for Adslot.

Whilst the agreement governs the United Kingdom market only, discussions to date anticipate the extension of these terms to additional markets during the term of the agreement. Trading activity on this partner marketplace commenced in the second half of 2021 generating record TTV for the UK market in the December 2021 quarter. Activity volumes on the marketplace have been modest in the March 2022 quarter to date whilst contract negotiations have been finalised.

Based on client discussions, the Company anticipates that trading volumes will grow substantially over the remainder of 2022 and in subsequent years.