£1.3m contract win with major UK telco

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (as amended), which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018. Upon publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

12 March 2026

Shearwater Group PLC

("Shearwater", the "Company" or the "Group")

£1.3m contract win with major UK telco

Brookcourt to deliver important monitoring deployment

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group,

is pleased to announce that its Group company Brookcourt Solutions ("Brookcourt") has secured a contract valued at approximately £1.3 million with a major UK telecommunications provider.

Under the terms of the agreement, Brookcourt will supply and install an advanced network monitoring solution to provide enhanced visibility across the customer's network infrastructure. The solution will enable the telecommunications provider to proactively monitor network performance and identify potential issues before they impact services. The deployment will support the customer in maintaining the performance and resilience of its multi-award-winning network, providing improved operational insight and proactive monitoring capabilities.

Delivery of the solution is expected to commence shortly. As a result the full contract value will be recognised in FY26, further supporting the Group's FY26 performance.

Phil Higgins, CEO of Shearwater Group plc, commented: "We are delighted that Brookcourt has been selected by a leading UK telecommunications provider to deliver this important monitoring deployment. As networks continue to increase in scale and complexity, organisations require greater visibility and proactive insight into performance. This contract highlights Brookcourt's strong technical capability and its continued success in supporting large, complex network environments."

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About Shearwater Group plc

Shearwater Group plc is an award-winning group providing cyber security, managed security and professional advisory solutions to create a safer online environment for organisations and their end users.

The Group's differentiated full service offering spans identity and access management and data security, cybersecurity solutions and managed security services, and security governance, risk and compliance. Its growth strategy is focused on building a scalable group that caters to the entire spectrum of cyber security and managed security needs, through a focused buy and build approach.

The Group is headquartered in the UK, serving customers globally across a broad spectrum of industries.

Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG". For more information, please visit www.shearwatergroup.com.