Share repurchase programme

Ninety One plc Ninety One Limited

Incorporated in England and Wales Incorporated in the Republic of South Africa

Registration number 12245293 Registration number 2019/526481/06

Date of registration: 4 October 2019 Date of registration: 18 October 2019

LSE share code: N91 JSE share code: NY1

JSE share code: N91 ISIN: ZAE000282356

ISIN: GB00BJHPLV88

LEI: 549300G0TJCT3K15ZG14

Ninety One plc Repurchase of Shares

Ninety One plc (the "Company") announces that it will today commence the first tranche of up to £5 million (the "First Tranche") of an up to £30 million share repurchase programme (the "Programme"). Under the Programme, the Company's ordinary shares will be purchased in the open market and cancelled to reduce the Company's ordinary share capital.

The repurchase of ordinary shares under the Programme will be effected within the scope of any authority to repurchase ordinary shares conferred on the Company in its general meeting, the UK Market Abuse Regulation, the Companies Act 2006 and the Financial Conduct Authority's UK Listing Rules. The First Tranche will complete by no later than 29 April 2025.

The Company has entered into an agreement (the "Agreement") with Citigroup Global Markets Limited ("Citi") to undertake the Programme on its behalf and to make trading decisions under the Programme independently of the Company. Citi will purchase the Company's ordinary shares on the London Stock Exchange, as riskless principal, subject to certain parameters agreed between the Company and Citi, and the Company's right to terminate the Agreement in certain circumstances.

For enquiries please contact:

Investor relations

Varuni Dharma [email protected] +44(0) 203 938 2486

Date of release: 6 March 2025

JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

About Ninety One

Ninety One is an independent investment manager, founded in South Africa in 1991. It operates and invests globally and offers a range of active strategies to its global client base. Ninety One is listed on the London and Johannesburg Stock Exchanges.