01 July 2026

DEVELOP NORTH PLC

(the "Company" or "DVNO" or "Develop North")

(LEI: 213800EXPWANYN3NEV68)

Compliance with Market Abuse Regulation

The Company confirms that it is currently in a closed period (in accordance with the provisions of the EU Market Abuse Regulation) which will remain in place until the Company announces its half year results for the period ended 31 May 2026.

The Company further confirms that all inside information which the Directors and the Company may have had up to the date of this announcement has been notified to a Regulatory Information Service. Accordingly, in the absence of any new undisclosed inside information arising, the Company is not prohibited from dealing in its own securities during this closed period.

Enquiries:

Notes to Editors:

Develop North PLC's investment objective is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term, through a diversified portfolio of investments predominantly in the North East of England.

The Company has the financial strength, credibility and professionalism expected of a business listed on the London Stock Exchange, while also offering the flexibility, creativity and common sense of an approachable, local business.

Since the Company's IPO in 2017, it has invested almost £90 million of capital into the North of England and Scotland and has helped support an estimate 12,000 jobs with a gross development value of more than £280 million.