Ninety One plc                                                                                                         Ninety One Limited                                                                         

Incorporated in England and Wales                                                                Incorporated in the Republic of South Africa                                        

Registration number 12245293                                                                         Registration number 2019/526481/06                                

Date of registration: 4 October 2019                                                              Date of registration: 18 October 2019                                                         

LSE share code: N91                                                                                             JSE share code: NY1                                                                         

JSE share code: N91                                                                                              ISIN: ZAE000282356

ISIN: GB00BJHPLV88

LEI: 549300G0TJCT3K15ZG14                                                                           

Ninety One plc Repurchase of Shares

On 6 March 2025, Ninety One plc (the "Company") announced that it had initiated a share repurchase programme of up to £30 million (the "Programme"), beginning with an initial tranche of up to £5 million. Under the Programme, the Company's ordinary shares will be purchased in the open market and cancelled to reduce the Company's ordinary share capital.

The Company has entered into an agreement (the "Agreement") with Citigroup Global Markets Limited ("Citi") to undertake the Programme on its behalf and to make trading decisions under the Programme independently of the Company. Citi will purchase the Company's ordinary shares on the London Stock Exchange, as riskless principal, subject to certain parameters agreed between the Company and Citi, and the Company's right to terminate the Agreement in certain circumstances.

Today, the Company announces its intention to increase the initial tranche of the Programme from up to £5 million to up to £25 million and to extend the date for purchases to be completed to no later than 31 March 2026 (subject to regulatory approval remaining in place).

The purchase of ordinary shares under the Programme will be effected within the scope of any authority to repurchase ordinary shares conferred on the Company in its general meeting, the UK Market Abuse Regulation, the Companies Act 2006 and the Financial Conduct Authority's UK Listing Rules.

For enquiries please contact:

Investor relations

Varuni Dharma                                                     varuni.dharma@ninetyone.com                                      +44(0) 203 938 2486

Date of release:   31 March 2025

JSE Sponsor:       J.P. Morgan Equities South Africa (Pty) Ltd

About Ninety One

Ninety One is an independent investment manager, founded in South Africa in 1991. It operates and invests globally and offers a range of active strategies to its global client base. Ninety One is listed on the London and Johannesburg Stock Exchanges.