Share Incentive Scheme

26 April 2024

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Share Incentive Scheme

Further to the announcement dated 13 March 2014, which provides details of the Company's Share Incentive Plan, the Company confirms that Klaas van der Leest (CEO) and Nitil Patel (CFO) (the "Directors") have each made binding commitments to subscribe for £1,800 of Partnership Shares from the April 2024 payroll at the prevailing market price on that date. Matching Shares will also be given to the Directors on the basis of one Matching Share for each Partnership Share.

The Directors' updated interests in the shares of the Company will be notified immediately following the completion of these transactions.

ENQUIRIES

About Intercede

Intercede is a cybersecurity software company specialising in digital identities, and its innovative solutions enable organisations to protect themselves against the number one cause of data breach: compromised user credentials.

The Intercede suite of products allows customers to choose the level of security that best fits their needs, from Secure Registration and ID Verification to Password Security Management, One-Time Passwords, FIDO and PKI. Uniquely, Intercede provides the entire set of authentication options from Passwords to PKI, supporting customers on their journey to passwordless and stronger authentication environments. In addition to developing and supporting Intercede software, the Group offers professional services and custom development capabilities as well as managing the world's largest password breach database.

For over 20 years, global customers in government, aerospace and defence, financial services, healthcare, telecommunications, cloud services and information technology have trusted Intercede solutions and expertise in protecting their mission critical data and systems at the highest level of assurance.

For more information visit: www.intercede.com