SmartKem extends CPI services agreement to Dec 31, 2025; waives minimum usage obligations

SmartKem, Inc.

Extension of Framework Services Agreement with CPIIS to December 31, 2025; minimum usage obligations waived.
Fixed extension fee payable in two quarterly instalments (amounts redacted) starting July 1, 2025.
SmartKem to contribute to equipment relocation costs for CPIIS's Clean Room 2 consolidation (amounts redacted).
Agreement to automatically terminate upon commencement of Clean Room 2 license or on Dec 31, 2025.
Failure to pay may result in suspension of services or termination with immediate effect.

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