12 March 2026

The Gym Group plc

 ("TGG" or the "Company")

Grant of Share Awards under The Gym Group plc Incentive Plan and

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMR")

In accordance with the Company's Directors' Remuneration Policy, on 12 March 2026, awards under The Gym Group plc Incentive Plan (the "TGG Incentive Plan") have been granted to the Company's Directors/PDMRs as set out in the table below, totalling 802,806 ordinary shares of £0.0001 each.

The awards represent the share element of the TGG Incentive Plan for 2026, equivalent to 65% of the maximum opportunity for Executive Directors (275% of salary). Together with the cash element (35% of the maximum opportunity), the awards are subject to financial and non-financial performance targets set by the Company for 2026. The awards are granted under the rules of the TGG Incentive Plan and vest after three years subject to the satisfaction of these performance targets and the continued employment of the holder at the date of vesting. The exercise of vested awards for the holders listed above is subject to an additional two year holding period.

The Company has instructed the trustees of the Company's employee benefit trust to purchase ordinary shares in the capital of the Company on the market, up to the value of £3m, to satisfy future share option exercises.

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The notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.