Marks Electrical Group plc

(the "Company")

Notice of Annual General Meeting

and

Publication of Annual Report and Accounts

Including Audited Financial Statements

Marks Electrical Group plc confirms that its Annual Report and Accounts for the year ended 31 March 2024 ("FY24"), which includes the Company's FY24 audited financial statements, will be posted to shareholders today and are now available on the Company's corporate website: https://group.markselectrical.co.uk. The Notice of the Annual General Meeting to be held on 8 August 2024 ("AGM") has also been posted on the website and will be mailed to shareholders together with the Annual Report and Accounts.

Annual General Meeting

The AGM will take place at 1:00 p.m. on 8 August 2024 at the Company's registered office, 4 Boston Road, Leicester, LE4 1AU.

The Board strongly encourages all shareholders to vote by proxy on the resolutions to be proposed at the Annual General Meeting before the deadline of 1:00 p.m. on 6 August 2024.

To facilitate the smooth operation of the meeting, the Board kindly requests that any shareholders who plan to attend please email the Company Secretary no later than 1:00 p.m. on 6 August 2024 at [email protected].

Enquiries:

Marks Electrical Group plc                                                                                Via DGA Group:

Mark Smithson (CEO)                                                                                                           Tel: +44 (0)20 7664 5095

Josh Egan (CFO)                                                                                                                 

DGA Group (Financial PR)

Jonathon Brill / James Styles / Nishad Sanzagiri                                                                 Tel: +44 (0)20 7664 5095

[email protected]                                                                                                                                                                                                 

Canaccord Genuity (NOMAD and Broker)

Max Hartley / George Grainger                                                                                           Tel: +44 (0)20 7523 8000                                                    

About Marks Electrical

Marks Electrical is a fast growing, highly scalable, technology driven e-commerce electricals retailer which sells, delivers, installs and recycles a wide range of household electrical products. The Group was founded in Leicester in 1987 by Mark Smithson and has scaled into a nationwide online retailer with a compelling growth track record, thanks to its vertically integrated, low-cost, high-quality operating model, supported by the ongoing structural shift of consumers to purchase online. The Group operates within the UK Major Domestic Appliances (MDA) and Consumer Electronics (CE) market, estimated to be worth approximately £7 billion.

Primarily through its simple, clear and intuitive website - markselectrical.co.uk - the Group offers over 4,500 products from over 50 leading brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the Group maintains strong and direct relationships. Marks Electrical delivers direct to customers in its owned and branded vehicles, operated by the Group's skilled team of delivery drivers, who are also able to offer installation and recycling services.

For further information, visit the Marks Electrical corporate website: https://group.markselectrical.co.uk and its retail website: https://markselectrical.co.uk/.