2 March 2026

Onward Opportunities Limited

("Onward Opportunities" or the "Company")

Intended Main Market Listing

Onward Opportunities Limited, the UK smaller company focussed investment company, is pleased to announce that it is exploring the migration of its ordinary shares to the closed ended investment fund category of the FCA's Official List and to trading on the Main Market of the London Stock Exchange plc (the "Migration").

The Board believes the Migration to be aligned with the Company's growth ambitions and would broaden the Company's potential investor base.

Preparatory work to explore the Migration is underway, and if the Company decides to proceed with these plans, it would be targeting the Migration becoming effective in the second quarter of 2026. An application for listing of the Company's shares on the closed ended investment fund category of the FCA's Official List would be subject to the review and approval of the FCA, and there is no guarantee that the Company will proceed with such a listing application.

To find out more, please visit: www.onwardopportunities.co.uk