THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

LEI: 213800NWMK3O4UWP9N91

4 July 2022

Proposed EBT purchase of shares in LendInvest plc

("LendInvest" or the "Company")

Equiniti Trust (Jersey) Limited (the "Trustee"), as trustee of the LendInvest Employee Benefit Trust (the "EBT"), has the power to acquire ordinary shares in the capital of the Company ("Ordinary Shares") which may be used for the purpose of satisfying new and existing awards under such share plans as the Company may operate from time to time in order to provide suitable employee incentives.

In light of the near-term vesting of existing share options held by current and former employees, the Company has today decided to recommend to the Trustee that it acquires Ordinary Shares up to an aggregate amount of approximately £3,000,000 (inclusive of all transaction costs relating thereto). The consideration for such purchases, together with all related transaction costs, will be funded by way of a loan from the Company to the EBT.

Certain current and former employees who hold, or will hold following the exercise of outstanding options, Ordinary Shares (the "Eligible Shareholders") will, following this announcement, be able to provide irrevocable instructions to Equiniti Financial Services Limited to sell Ordinary Shares ("Employee Sale Shares") to the EBT. It is expected that the Company will make a further announcement on or around 11 July 2022 confirming the aggregate number and sale price of the Employee Sale Shares and the number of new Ordinary Shares to be issued to satisfy the exercise of options by Eligible Shareholders.

It has been agreed that the IPO lock up arrangements, expiring on 14 July 2022, will be waived with respect to the Employee Sale Shares. All Eligible Shareholders who sell Employee Sale Shares will be subject to a new lock up arrangement, subject to customary exemptions, on their remaining Ordinary Shares in the Company (if any) for four months following the completion of the sale. All Eligible Shareholders that do not elect to sell Employee Sale Shares will remain subject to the existing IPO lock up until 14 July 2022.

LendInvest is not a party to, and will not receive any proceeds from, the transaction. None of the directors of LendInvest will participate in the transaction.

For further information, please contact:

LendInvest via Tulchan Communications                                                +44 (0)20 7353 4200

Rod Lockhart, Chief Executive Officer

Michael Evans, Chief Financial Officer

Alex Dee, Head of Investor Relations

Leigh Rimmer, Senior PR Manager

[email protected]

Panmure Gordon (NOMAD and Joint Broker)                                        +44 (0)20 7886 2500

Charles Leigh-Pemberton

Atholl Tweedie

Gabriel Hamlyn

finnCap Limited (Joint Broker)                                                             +44 (0)20 7220 0500

Jonny Franklin-Adams/George Dollemore (Corporate Finance)

Tim Redfern/Alice Lane (ECM)

Tulchan Communications (Financial PR)                                             +44 (0)20 7353 4200

Tom Murray

Matt Low

Misha Bayliss

Olivia Lucas

IMPORTANT NOTICE

This announcement or any part of it does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in any jurisdiction.

No action has been taken by the Company or any of its affiliates, or any person acting on its or their behalf that would permit an offer of Ordinary Shares or possession or distribution of this announcement or any other offering or publicity material relating to Ordinary Shares in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required by the Company to inform themselves about, and to observe, such restrictions.

This announcement does not constitute a recommendation concerning any investment decision. Any indication in this announcement of the price at which Ordinary Shares have been bought or sold in the past cannot be relied upon as a guide to future performance. The price of shares and any income expected from them may go down as well as up and investors may not get back the full amount invested upon disposal of the shares. Past performance is no guide to future performance. This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in the Ordinary Shares. The contents of this announcement are not to be construed as legal, business, financial or tax advice.