MALVERN INTERNATIONAL PLC

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

Issue of Warrants

Malvern International plc (AIM: MLVN), the global learning and skills development partner, announces that the Company have issued 8 KPG Limited Warrants over 231,674 ordinary shares (as adjusted by the share reorganisation in October 2022) ("Warrants") in accordance with the terms of the debt restructuring announced on 4 March 2022. During FY2025, any previously issued warrants and rights to future warrants under the Company's debt facility were transferred from Growth Lending (formerly BOOST&Co) to shareholder 8 KPG Limited. The Company was not involved in this private transaction. The Warrants have an exercise price of 10.6 pence (as adjusted by the share reorganisation in October 2022).

Notes to Editors:

Notes to Editors:

Malvern International is a learning and language skills development partner, offering international students essential academic and English language skills, cultural experiences and the support they need to thrive in their academic studies, daily life and career development.

University Pathways provides on- and off-campus in-sessional and pre-sessional programmes to support international students in progressing to a wide range of universities and undergraduate courses. Malvern assists its university partners with international student recruitment and conversion, admissions, fee collection, and course delivery, including teaching, orientation, and student support.

English Language Teaching is provided to young learners through fully immersive residential English language centres and customised language programmes at high-quality locations.

For further investor information go to www.malverninternational.com