FRASERS GROUP PLC - PURCHASES OF SHARES DURING CLOSED PERIOD

Frasers Group plc (the "Company") announces that it has today entered into a non-discretionary arrangement with Jefferies International Limited, acting through its London branch at 1 Friday Street, London, EC2N 4JL ("Jefferies") to conduct a share buyback programme on its behalf.

This arrangement is made under the authority granted at the Company's last AGM on 24 September 2025 which authorised the Company to make market purchases up to a maximum aggregate of 67,502,373 ordinary shares in the Company. The limits for this arrangement with Jefferies set out below ensure that purchases shall remain within the existing authority.

Jefferies is allowed to purchase up to 10,000,000 ordinary shares in the Company during the next closed period of the Company, which is currently expected to commence on 16 June 2026. These share purchases will be made on the Company's behalf and in accordance with the arrangement and will be made independently of, and uninfluenced by, the Company.

Any share purchases effected pursuant to the arrangement will be subject to the terms of engagement with Jefferies and in any case will be effected in a manner consistent with both the general authority vested in the Company to repurchase shares and the UK Listing Rules. The aggregate purchase price under this arrangement will not exceed £70,000,000.

Following the purchase of the Shares, they will be placed into treasury. The sole purpose of these share purchases is to reduce the Company's share capital.

Ends  

FRASERS GROUP PLC  

Chris Wootton, Chief Financial Officer  

T. 0344 245 9200 

E. [email protected]  

Andrew Kasoulis, Investor Relations Director  

T. 07826 532191 

E. [email protected]    

Emma Reid, Company Secretary 

LEI: 213800JEGHHEAXIJDX34 

T. 0344 245 9200 

E. [email protected]