Lean Ventures has engaged VivoPower's digital asset unit, Vivo Federation to originate $300 million of Ripple Labs shares

Translates into an estimated 450 million underlying XRP tokens with a current market value of approximately $900 million

LONDON, Dec. 15, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC's (NASDAQ:VVPR) (the "Company"), digital asset unit, Vivo Federation, as part of a recently announced joint venture partnership, has been engaged to originate an initial $300 million worth of Ripple Labs shares for its South Korean asset management partner, Lean Ventures, an established and licensed South Korean asset manager, headquartered in Seoul. This translates to approximately 450 million underlying XRP tokens, worth an estimated $900 million at the current XRP spot price.

Vivo Federation will receive a share of management fees and performance carry, targeting a net economic return for VivoPower of approximately $75 million over 3 years based on an initial $300 million of assets under management. Lean Ventures intends to grow assets under management beyond this initial amount as part of the partnership.

Lean Ventures will arrange for the establishment of a dedicated investment vehicle to acquire and hold an initial target of $300 million of Ripple Labs shares sourced by Vivo Federation. Lean Ventures has already canvassed interest from qualified South Korean institutional and retail investors, including K-Weather