Share Buyback Programme

4 February 2026

Strix Group Plc

("Strix", the "Group" or the "Company")

Share Buyback Programme

Strix Group Plc (AIM:KETL), the global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration, announces the commencement of a share buyback programme in respect of its ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") up to a maximum aggregate consideration of £10 million ("Maximum Amount") (the "Buyback Programme").

On 3 February 2026, the Company entered into a non-discretionary arrangement with its brokers, Zeus Capital Limited ("Zeus") and Stifel Nicolaus Europe Limited ("Stifel") (together the "Brokers"), to enable the Brokers to conduct the Buyback Programme on its behalf on a broker-managed basis, with trading decisions being taken independently of the Company, albeit subject to certain limitations (including in respect of the maximum price payable per Ordinary Share). The Buyback Programme will be effected within the parameters of the Market Abuse Regulation 596/2014/EU and the Commission Delegated Regulation 2016/1052/EU, each as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018.

The Buyback Programme is in accordance with the terms of the Company's authority to make market purchases of its own Ordinary Shares granted to it by shareholders on 10 July 2025 (the "Authority"), including that the maximum price paid per Ordinary Share shall not exceed the higher of: (a) 105 per cent. of the average trading price of the Ordinary Shares as derived from the middle market quotations for an Ordinary Share on the London Stock Exchange Daily Official List for the five trading days immediately preceding the date on which an Ordinary Share is contracted to be purchased; and (b) the higher of the price of the last independent trade and the highest current independent bid on the trading venue where the purchase is carried out.

The Buyback Programme commences today and, unless terminated by the Company, will end on the expiration of the Authority or, if earlier, the date upon which the aggregate consideration paid for Ordinary Shares reaches the Maximum Amount (the "Buyback Period"). Purchases of Ordinary Shares will continue independently of and uninfluenced by the Company during any closed period to which the Company is subject and/or if the Company comes into possession of inside information. There is no guarantee that the Buyback Programme will be implemented in full.

It is expected that any Ordinary Shares acquired pursuant to the Buyback Programme will be initially held in treasury and then cancelled periodically. No Ordinary Shares will be sold by any member of the Board as part of the Buyback Programme. 

The Company intends to announce any purchase of Ordinary Shares under the Buyback Programme on the business day following the calendar day on which the relevant purchase occurred.

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Information on Strix

Founded in 1982, Isle of Man based Strix is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

Strix has built up market leading capability and know-how, expanding into complementary products and technologies. The Group's brands include Aqua Optima and LAICA providing our customers with market leading water solutions on a global basis.

Strix is quoted on the AIM Market of the London Stock Exchange (AIM: KETL).