21 May 2025

The Company has announced the launch of the proposed return to shareholders of up to £70 million by way of Tender Offer at 163 pence per Ordinary Share.  A link to the announcement can be found here.

A shareholder circular has been dispatched today.  The circular contains information on the details of the Tender Offer and the procedure for participating.  The Tender Offer is conditional on approval from shareholders.

The Company is also seeking shareholder approval to adopt new Articles for the Company.  

Further details can be found in the documents for inspection, copies of which can be found below:

DOCUMENTS

• The published circular and Notice of General Meeting
• The Form of Proxy
• The proposed new Articles of Association of Carr’s Group plc

If, once you have read the Circular, you still have questions about the Tender Offer, please contact the Shareholder Helpline operated by MUFG Corporate Markets on +44 (0) 371 664 0321.*

_{* Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. The Shareholder Helpline is open between 9.00 a.m. and 5.30 p.m. (London time), Monday to Friday excluding public holidays in England and Wales. Please note that MUFG Corporate Markets cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes.}

_{Please note that for legal reasons the Shareholder Helpline will not provide advice on the merits of the Tender Offer or the Resolutions or give any legal, financial, investment or taxation advice. For financial, investment or taxation advice, you should consult your own financial, investment or taxation adviser.}