Announcement of New Share Buyback Programme

5 November 2025

Pollen Street Group Limited

(the "Company" or together with its subsidiaries the "Group" or "Pollen Street")

Announcement of New Share Buyback Programme

Pollen Street today announces the launch of a new share buyback programme of up to a maximum aggregate amount of £30 million (the "Buyback Programme") to repurchase ordinary shares in the Company.

In accordance with the Group's Capital Allocation Framework, and pursuant to the approvals granted by shareholders at the Annual General Meeting held on 12 June 2025 (the "2025 AGM"), the Board believes it is beneficial to maintain the flexibility to allocate a portion of capital towards opportunistic share repurchases whilst maintaining flexibility over capital deployment. 

Details of the Share Buyback Programme

Pollen Street has appointed Investec Bank plc ("Investec") and Panmure Liberum Limited ("Panmure Liberum") as riskless principals to execute purchases pursuant to the Buyback Programme. During the course of the Buyback Programme, the Company may from time to time give irrevocable instructions to Investec and Panmure Liberum to purchase shares within the parameters specified in those instructions. Such repurchases would take place in open market transactions and may be made from time to time depending on market conditions, share price and trading volume. There is no certainty that any share buybacks will be completed, or that the maximum amount of purchases under the Buyback Programme will occur. During any closed periods the Company will not have any power to invoke any changes to the Buyback Programme (or to instructions that have been given to Investec or Panmure Liberum).

The sole purpose of these Ordinary Share purchases is to reduce the Company's share capital. Ordinary Shares acquired by Investec and Panmure Liberum under the agreement will be sold to the Company and held in treasury. Shares held in treasury do not rank for dividends.

Any acquisitions of shares will be carried out in accordance with the Company's general authority to repurchase Ordinary Shares granted by shareholders at its 2025 AGM (the "Existing Authority") and Rule 9.6 of the FCA's Listing Rules. Details of the Existing Authority can be found on our website (at Result of AGM and the notes referenced therein). The Buyback Programme will terminate if: (i) the Existing Authority is not renewed at the 2026 AGM; or (ii) the Existing Authority expires in accordance with its terms. The Group will seek to make market purchases of Ordinary Shares at a price or prices that the Group believes will be good value for shareholders. In view of the level of trading liquidity in the Company's Ordinary Shares, the Group may make purchases in excess of the price and volume restrictions set out in Article 5(1) of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of Retained EU Law as defined in the European Union (Withdrawal) Act 2018) and the Commission Delegated Regulation (EU) No 2016/1052 (as it forms part of Retained EU Law as defined in the European Union (Withdrawal) Act 2018), subject to prevailing market conditions and liquidity.

The Buyback Programme will run from and including 5 November 2025 until 5 November 2026. The number of shares to be purchased under the Buyback Programme will not exceed 9,111,497 shares.

Any repurchase of Ordinary Shares will be announced no later than 7:30 am on the business day following the calendar day on which the repurchase occurred. There is no guarantee that the Buyback Programme will be implemented in full or that any Ordinary Shares will be repurchased by the Company.

About Pollen Street

Pollen Street is an alternative asset manager dedicated to investing within the financial and business services sectors across both Private Equity and Private Credit strategies. The business was founded in 2013 and has consistently delivered top tier returns alongside growing AuM.

Pollen Street benefits from a complementary set of asset management activities focused on managing third-party AuM (the "Asset Manager") together with on-balance sheet investments (the "Investment Company").

The Asset Manager raises capital from high quality investors and deploys it into its Private Equity and Private Credit strategies. The strong recurring revenues from this business enable delivery of scalable growth.

The Investment Company invests in the strategies of the group delivering attractive risk adjusted returns and accelerating growth in third-party AuM of the Asset Manager through investing in Pollen Street funds, taking advantage of attractive investment opportunities and aligning interest with our investors to grow AuM. Today the portfolio is largely invested in credit assets with the allocation to Private Equity expected to increase to 30 per cent in the long term. The portfolio consists of both direct investments and investments in funds managed by Pollen Street.

POLN is listed on the London Stock Exchange (ticker symbol: POLN) and is a member of the FTSE 250 index. Further details are available at www.pollenstreetgroup.com.

For further information about this announcement please contact:

Pollen Street - Corporate Development Director

Shweta Chugh

+44 (0)20 3965 5081

Barclays Bank plc - Joint Broker

Neal West/ Stuart Muress

+44 (0)20 7623 2323

Investec Bank plc - Joint Broker

Ben Griffiths / Kamalini Hull

+44 (0)20 7597 4000

Panmure Liberum

Mark O'Hara

+44 (0)203 100 2061

FGS Global

Chris Sibbald / Anna Tabor

[email protected]

MUFG Corporate Governance Ltd - Company Secretary

Sara Stebbing

[email protected]

LEI: 894500LP94M98N8CY487