Purchases of shares during closed period

10 November 2026

FRASERS GROUP PLC – PURCHASES OF SHARES DURING CLOSED PERIOD

Frasers Group plc (the "Company") announces that it has today entered into a non-discretionary arrangement with Panmure Liberum Limited (“Panmure Liberum”) to conduct an on-market share buyback programme on its behalf (“On Market Share Buyback”).

The On Market Share Buyback is made under the authority granted at the Company’s last annual general meeting (“AGM”) on 16 September 2026 which authorised the Company to make market purchases up to a maximum aggregate of 67,065,265 ordinary shares of 10 pence each in the Company (“Ordinary Shares”). Following the repurchase of 1,184,483 Ordinary Shares since the AGM, authority remains available to purchase a further 65,880,782 Ordinary Shares. The limits for this arrangement with Panmure Liberum set out below ensure that purchases shall remain within the existing authority. The On Market Share Buyback programme replaces the previous programme announced on 17 September 2026.

The On Market Share Buyback allows Panmure Liberum to purchase Ordinary Shares up to a maximum aggregate purchase price of £33,333,333 between the date hereof and the trading day immediately prior to the announcement of the Company’s interim results, which are currently expected to be announced on 10 December 2026. The share purchases will be made on the Company's behalf and in accordance with the arrangement and will be made independently of, and uninfluenced by, the Company.

Any share purchases effected pursuant to the On Market Share Buyback will be subject to the terms of the engagement with Panmure Liberum and in any case will be effected in a manner consistent with both the general authority vested in the Company to repurchase shares as set out in the notice of the AGM and the UK Listing Rules.  

The On Market Share Buyback will be conducted within the parameters of the Market Abuse Regulation 596/2014/EU as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and wherever possible the delegated regulations made pursuant to it, save that there may be circumstances where the Company conducts share repurchases such that they exceed 25 per cent of the average daily volume in Ordinary Shares for the 20 trading days prior to the share repurchase.

Following the purchase of the shares, they will be placed into treasury.

Ends

FRASERS GROUP PLC