On September 28, 2023, Runa Capital Advisors Limited announced that it has issued a press release relating to MariaDB plc, stating that it has, for a number of years, expressed serious concerns regarding the management of the Company by its directors, Runa has advocated for changes to the Company?s strategic direction, including a rationalization of the Company?s budget and potentially changes in senior roles in the Company. In addition, Runa Capital stated that it became aware that the Company intended to engage in a highly dilutive equity transaction to fund its capital needs and believes that such transaction would result in substantial and damaging dilution to shareholders and would not be in the interests of the Company or its shareholders. Further, Runa Capital stated that it is considering calling an extraordinary general meeting of the Company to discuss its concerns in relation to the management of the Company and its strategic direction, invites discussion with MariaDB shareholders who share its concerns and are prepared to join it in requisitioning an EGM, and Runa notes that such an extraordinary general meeting could also consider resolutions to remove certain directors of the Company and/ or to remove or restrict the ability of the Board to issue new shares.