20 April 2026

B.P. Marsh & Partners Plc

("B.P. Marsh" or the "Company")

 Award of Shares under Share Incentive Plan

Director/PDMR Dealings and

Transfer of Treasury Shares

and Total Voting Rights

B.P. Marsh, the specialist investor in early-stage financial services businesses, announces that on 20 April 2026 a further 16,512 ordinary shares of 10 pence each ("Ordinary Shares") in the Company have been granted to eligible employees pursuant to a Share Incentive Plan (the "SIP") (as announced originally on 29 March 2016).

Under the SIP, Ordinary Shares are acquired in three ways:

·    Partnership Shares, where an employee can purchase up to £1,800 worth of shares;

·    Matching Shares, where B.P. Marsh can give up to two free Matching Shares for each Partnership Share bought; and

·    Free Shares, where the Company can give each eligible employee up to £3,600 worth of free shares in any tax year.

In accordance with the SIP's rules, a total of 12 eligible employees applied for the 2026-27 SIP awards and have each been granted 551 Ordinary Shares ("2026-27 Free Shares"), representing £3,598.03 at a price of £6.53 per Ordinary Share. Furthermore, all eligible employees have elected to take up the opportunity to acquire 275 Ordinary Shares ("2026-27 Partnership Shares"), equating to £1,795.75 at a price of £6.53 per Ordinary Share.  For every Partnership Share that an employee acquires, the SIP Trust has awarded two free Ordinary Shares ("2026-27 Matching Shares") equating to 550 Ordinary Shares to each participating employee. In aggregate, each eligible employee will hold an additional 1,376 Ordinary Shares under the SIP. The 2026-27 Free and Matching Shares are subject to a 1 year forfeiture period.

Certain Directors have participated in this award and further details of the Directors' interests in Ordinary Shares (as at today's date, following the award of 2026-27 Free, Partnership and Matching Shares) are set out below:

⁽¹⁾         The Company established a Joint Share Ownership Plan ("JSOP") for certain employees and directors, as announced on 12 June 2018.

⁽²⁾         The Company established a Share Option Plan ("SOP") for certain employees and directors, as announced on 20 November 2023.

⁽³⁾            In aggregate including 11,434 shares held by Mr Topping's spouse and 3,160 shares held by Mr. Topping's daughter

The awards were made by utilising the 16,512 unallocated Ordinary Shares in the B.P. Marsh SIP Trust, which were transferred from Treasury on 20 April 2026.

The Company's issued share capital consists of 37,100,000 Ordinary Shares. Following the above, 1,077,488 Ordinary Shares will be held in treasury. The total number of Ordinary Shares carrying voting rights in B.P. Marsh is 36,022,512. The figure of 36,022,512 may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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