Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

1. Jeremy Stakol

2. Marcelle Stakol

2

Reason for the notification

a)

Position/status

1. Group Investments, Acquisitions and Third Party Brands Director (PDMR)

2. Lipsy Brand Director (PCA with Jeremy Stakol)

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

NEXT plc

b)

LEI

213800WQD8ECPZP9PH98

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Sharesave options over ordinary shares of £0.10 each

Identification code

GB0032089863

b)

Nature of the transaction

Acquisition of ordinary shares pursuant to exercise of options under the NEXT plc 2020 Sharesave Plan:

1. Jeremy Stakol - 186

2. Marcelle Stakol - 186

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Jeremy Stakol

£38.69

186

Marcelle Stakol

£38.69

186

d)

Aggregated information

- Aggregated volume

n/a

- Price

n/a

e)

Date of the transaction

1 December 2025

f)

Place of the transaction

Outside a trading venue