Trading Update

21 May 2026

Northern Bear plc

("Northern Bear" or the "Company")

Trading Update

The Board of Directors (the "Board") of Northern Bear (LSE:NTBR), the AIM quoted group providing specialist building and support services headquartered in Northern England and serving customers across the UK, is pleased to provide an update on trading for the Company and its subsidiaries (together, the "Group") for the year ended 31 March 2026.

Northern Bear confirms that trading since the publication of its interim results on 19 November 2025 has remained in line with management's expectations despite poor weather over the winter period. Accordingly, subject to audit, the Board currently expects the Group's financial performance for the year ended 31 March 2026, which include the one-off non-recurring profit contribution previously referenced, to be in line with market expectations.

An experienced interim Finance Director has been supporting the Board in relation to the year-end reporting process. The recruitment process for a permanent Chief Financial Officer will continue following the announcement of the preliminary results for the financial year ended 31 March 2026.

The Board looks forward to providing a further update at the time of the announcement of its preliminary results, which are expected in July 2026.

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