Grant of Options and Director Dealing

19 December 2025

FRP Advisory Group plc

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

Grant of Options and Director Dealing

FRP Advisory Group plc, a leading national specialist business advisory firm, announces that on 18 December 2025, the Company granted Gavin Jones, the Company's Chief Financial Officer, 219,108 nil-cost options over ordinary shares of £0.001 each in the Company ("Ordinary Shares") pursuant to the Company's Employee Incentive Plan (EIP) (the "Award").

The Award is subject to a compound annual adjusted Earnings per Ordinary Share growth performance target over a three-year period and lapses on the tenth anniversary from the date of grant.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

Enquiries:

FRP Advisory Group plc Geoff Rowley, CEOJeremy French, COOGavin Jones, CFOEnquiries via CitypressCavendish Capital Markets Limited (Nominated Adviser and Joint Broker)Stephen Keys/George Lawson (Corporate Finance)Tel: +44 (0) 207 220 0500

Berenberg (Joint Broker)Toby Flaux / James Thompson / Smruthya GaneshramTel: +44 (0) 203 207 7800

Citypress (Financial Public Relations) Martin Currie / Calum AndersonTel: +44 (0)7976291532 / +44(0)7464444660 [email protected]

Notes to Editors

FRP is a leading national specialist business advisory firm established in 2010. It offers a range of advisory services to companies, lenders, investors and other stakeholders, as well as individuals. These services include:

· Restructuring advisory: corporate financial advisory, formal insolvency appointments, informal restructuring advisory, personal insolvency and general advice to all stakeholders.

· Corporate finance: mergers & acquisitions (M&A), strategic advisory and valuations, financial due diligence, capital raising, special situations M&A and partial exits.

· Debt advisory: raising and refinancing debt, debt amendments and extensions, restructuring debt, asset based lending and corporate and leveraged debt advisory.

· Forensic services: forensic investigations, compliance and risk advisory, dispute services and forensic technology.

· Financial advisory: transaction services including financial due diligence, lender services, financial modelling, valuations, pensions and company-side advisory services.