28 May 2026

ASOS Plc

Global Online Fashion Destination

("ASOS" or the "Company")

ASOS completes the disposal of Lichfield fulfilment centre

ASOS is pleased to announce that, further to its announcement on 11 May 2026, it has today completed the disposal of the Lichfield Fulfilment Centre to Marks & Spencer Plc (the "Transaction").  

There has been no material change affecting any matter contained in the announcement relating to the Transaction released by the Company on 11 May 2026. As previously stated, the total cash consideration is £67.5m with net sales proceeds of at least £66m and is expected to result in a one-off profit before tax of c.£85m after adjustments to associated property liabilities. The proceeds have been received on completion, with all conditions precent to completion satisfied, and will be reflected in the Company's FY26 financial statements.

For more information regarding the Transaction including background, rationale and use of proceeds, please see the announcement released by the Company on 11 May 2026.

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About ASOS

Founded in 2000, ASOS has 17m active customers in over 100 markets. We bring fashion lovers around the world the best and most relevant fashion through our unique own brands including ASOS DESIGN, ARRANGE, COLLUSION, Topshop and Topman, styled with the most exciting products from local and global partner brands. With our expert in-house design team and agile and flexible commercial model, including ASOS Fulfilment Services, Partner Fulfils, and Test & React, we make the latest trends accessible to all and give customers the confidence to be whoever they want to be.

Forward looking statements

This announcement may include statements that are, or may be deemed to be, "forward-looking statements" (including words such as "believe", "expect", "estimate", "intend", "anticipate" and words of similar meaning). By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances, and actual results may, and often do, differ materially from any forward-looking statements. Any forward-looking statements in this announcement reflect management's view with respect to future events as at the date of this announcement. Save as required by applicable law, ASOS plc undertakes no obligation to publicly revise any forward-looking statements in this announcement, whether following any change in its expectations or to reflect events or circumstances after the date of this announcement.