VivoPower completes definitive agreement with KWeather

VivoPower (VVPR) International PLC confirms that it has completed a definitive agreement with Kweather Co., Ltd, a KOSDAQ-listed company, which would involve KWeather acquiring the economic rights to some of VivoPower’s holdings in Ripple Lab shares, with VivoPower securing 20% of KWeather shares worth $4.3M. The balance of the Ripple Labs shares held by VivoPower will be acquired by Lean Ventures of South Korea pursuant to a definitive partnership agreement that was announced in December 2025. This provides the mechanism for VivoPower to strategically exit its digital asset holdings. VivoPower will not be acquiring any further digital assets on its balance sheet and confirms that it has not incurred aggregate realized or unrealized losses on its digital asset positions. VivoPower confirms that Ripple Labs share transactions with its partners, KWeather and Lean Ventures, will be conducted at market value and will be in accordance with the Ripple Labs approval process. VivoPower will continue to focus its capital and resources on scaling up its data center infrastructure business.