The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area, Canada, Australia, Japan or the Republic of South Africa.

19 February 2024

Literacy Capital plc (the "Company")

Non-executive Director Resignation

Literacy Capital plc announces that Kevin Dady has advised the Board of his intention to step down as non-executive director of the Company, with effect from 31 March 2024.

The Chairman, on behalf of the Board, would like to extend his thanks to Kevin for his valued contribution to the Company over six years of service.

For further information, please contact:

Literacy Capital plc / Book Asset Management LLP

Richard Pindar / Tom Vernon

+44 (0) 20 3960 0280

MHP Group

Reg Hoare / Ollie Hoare / Matthew Taylor

[email protected]

+44 (0) 20 3128 8100

Singer Capital Markets Securities Limited

Robert Peel

+44 (0) 20 7496 3000

LEI: 2549006P3DFN5HLFGR54

A copy of this announcement will be available on the Company's website at www.literacycapital.com. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.