22 May 2023

Mears Group PLC

("Mears" or "the Group" or "the Company")

Annual Financial Report 2022 and Notice of Annual General Meeting 2023

The Annual Financial Report for the year ended 31 December 2022 (the "2022 Annual Report") and Notice of Annual General Meeting 2023 (the "2023 Notice of Meeting") has today been posted or otherwise made available to shareholders. In accordance with Listing Rule 9.6.1 and Disclosure Guidance and Transparency Rule 6.3.5, a copy of the 2022 Annual Report in unedited full text is being submitted to the National Storage Mechanism.

The 2022 Annual Report and 2023 Notice of Meeting are also available on the Company's website at https://www.mearsgroup.co.uk.

The 2023 Notice of Meeting and Form of Proxy Card are also being submitted to the National Storage Mechanism and together with the Annual Report will be available for viewing shortly at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.

For further information, contact:

Mears Group PLC

About Mears

Mears is the leading provider of services to the Affordable Housing sector in the UK: responsible for the maintenance of c.10% of the UK's social housing stock; and managing over 10,000 homes for local and central government.

Mears currently employs around 5,500 people and provides services in every region of the UK. In partnership with our Housing clients, we maintain, repair and upgrade the homes of hundreds of thousands of people in communities from remote rural villages to large inner-city estates. Mears has extended its activities to provide broader housing solutions to solve the challenge posed by the lack of affordable housing and to provide accommodation and support for the most vulnerable.

We focus on long-term outcomes for people rather than short-term solutions and invest in innovations that have a positive impact on people's quality of life and on their communities' social, economic and environmental wellbeing. Our innovative approaches and market leading positions are intended to create value for our customers and the people they serve while also driving sustainable financial returns for our providers of capital, especially our shareholders.