Significant new contracts wins endorse position

25 February 2026

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

EARNZ plc ("EARNZ", the "Company" or the "Group")

Significant new contracts wins endorse EARNZ's strategic position

The Board of EARNZ plc (AIM:EARN) is delighted to announce two new significant contracts awarded to the Group, which closely align to our strategic aim of building long term partnerships with new and established Tier 1 clients in the public and private sectors, responsible for residential and non-residential property portfolios.

A&D Carbon Solutions:

A&D Carbon Solutions, which EARNZ acquired in July 2025, has been successfully awarded a contract by Fortem, working on behalf of Sanctuary Housing, on an initial two-year contract. Work across Stoke on Trent and Chester will commence in April 2026 providing retrofit insulation, ventilation upgrades, and renewable energy solutions to homes. Initially annual revenues are anticipated to be £2.6m per annum, with a potential extension for a further 12-18 months. EARNZ will be delivering its services via National Retrofit Solutions, our recently formed subsidiary business, based in Stafford.

This new contract follows on from A&D Carbon Solutions win in September 2025, to provide services to the Bradford Metropolitan Borough Council.

Warm Low Living:

EARNZ's subsidiary business, Warm Low Living, has been commissioned to start survey design work on a contract for a consortium of Social Housing Providers in Yorkshire. The project, starting in April 2026, is focused on the delivery of installation of energy efficiency improvements to over 175 properties, and runs until end of March 2028, generating revenue of c.£2.1m.

The new contract follows on from the news in October 2025 that Warm Low Living had secured a one-year £1.2million contract with the sustainable regeneration specialist Equans, to supply and install insulation, ventilation upgrades, and renewable energy solutions to 92 privately owned homes in Bradford, West Yorkshire.

Commenting on these contract wins, Chief Executive Officer, EARNZ plc Peter Smith stated:

 "We are delighted to have secured such significant new contracts which endorses our market position as a leading energy services provider in the UK and demonstrates further progress on our strategic aims. Working for Fortem and Sanctuary Housing, and with Social Housing Providers in Yorkshire we will importantly be helping residents to make their homes more energy efficient, reducing costs and creating warmer places to live.".