16 March 2022

DRAX GROUP PLC

("Drax" or the "Company"; Symbol: DRX)

Application for block listing

The Company announces that an application has been made to the UK Listing Authority and the London Stock Exchange for the block listing of a total of 261,000 ordinary shares of 1116/29 pence each in the capital of the Company to be admitted to the Official List and to be traded on the main market of the London Stock Exchange.

These shares will be issued in connection with The Drax Group plc Performance Share Plan and The Drax Group plc Sharesave Plan. The shares will be split between the aforementioned share plans 226,000 and 35,000 respectively. They will rank pari passu with the existing shares in issue.

Admission is expected to be effective on 17 March 2022.

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