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Notification of Investigation by FCA

28th Aug 2025 07:00

RNS Number : 9506W

Drax Group PLC

28 August 2025

Drax Group plc("Drax", "The Company")

Notification of Investigation by the Financial Conduct Authority (FCA)

The Company was notified on 26 August 2025 that the Financial Conduct Authority ("FCA") has commenced an investigation into the Company covering the period January 2022 to March 2024 relating to certain historical statements regarding Drax's biomass sourcing and the compliance of Drax's 2021, 2022 and 2023 Annual Reports with the Listing Rules and Disclosure Guidance and Transparency Rules.

The Company will cooperate with the FCA as part of their investigation.

Enquiries:

Drax Investor Relations:

Chris Simpson

[email protected]

+44 (0) 7923 257 815

Media:

Drax External Communications:

Chris Mostyn

[email protected]

+44 (0) 7743 963 483

Website: www.drax.com

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