27 November 2023

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR ITS TERRITORIES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS OR OTHERWISE THAN TO PERSONS TO WHOM IT CAN LAWFULLY BE DISTRIBUTED

CLOSE BROTHERS GROUP PLC

PUBLICATION OF OFFERING CIRCULAR

The following offering circular is available for viewing:

Offering circular dated 27 November 2023 (the "Offering Circular") relating to the issue of £200,000,000 11.125 per cent. Fixed Rate Reset Perpetual Subordinated Contingent Convertible Securities (the "Securities").

To view the full Offering Circular, please paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/8190U_1-2023-11-27.pdf

Application has been made for the Securities to be admitted to trading on the International Securities Market of the London Stock Exchange.

For further information, please contact:

Sarah Peazer-Davies
Company Secretary
Close Brothers Group plc
LEI code: 213800W73SYHR14I3X91
10 Crown Place
London EC2A 4FT
+44 (0)333 321 6100

DISCLAIMER - INTENDED ADDRESSEES

EU MiFID II professionals/ECPs only/No EEA PRIIPs KID

UK MiFIR professionals/ECPs only/No UK PRIIPs KID

Please note that the information contained in the Offering Circular may be addressed to and/or targeted at persons who are residents of particular countries (as specified in the Offering Circular) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Offering Circular is not addressed. Prior to relying on the information contained in the Offering Circular, you must ascertain from the Offering Circular whether or not you are part of the intended addressees of the information contained therein.

In particular, neither this announcement nor the Offering Circular shall constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities law of any such jurisdiction.

The Securities and the ordinary shares into which they may convert under their terms have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of any state or other jurisdiction of the United States, and the Securities may not be offered, sold, pledged, taken up, resold, transferred or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act ("Regulation S")) unless the Securities are registered under the Securities Act or an exemption from the registration requirements for the Securities Act is available. The Securities are being offered and sold only to non-U.S. persons outside the United States in reliance upon Regulation S. The Offering Circular may not be accessed from, or transmitted in or into, the United States.

Your right to access this service is conditional upon complying with the above requirements.