PensionBee Group plc

Incorporated in England and Wales

Registration Number: 13172844

LEI: 2138008663P5FHPGZV74

ISIN: GB00BNDRLN84

20 March 2023

PensionBee Group plc

Appointment of Joint Corporate Broker

PensionBee Group plc, a leading online pension provider, is pleased to announce the appointment of Liberum Capital Limited as joint corporate broker, to work alongside Stifel Nicolaus Europe Limited (trading as Keefe, Bruyette & Woods) and BofA Securities, with immediate effect.

Enquiries

Teneo (Public Relations Adviser)

James Macey White

Laura Marshall

+44 (0)20 7353 4200

pensionbee@teneo.com

Liberum Capital Limited (Joint Corporate Broker)

Chris Clarke

Lauren Kettle

+44 (0) 20 3100 2222

Keefe, Bruyette & Woods, a Stifel Company (Joint Corporate Broker)

Nick Adams

Alistair McKay

+44 (0)20 7710 7600

BofA Securities (Joint Corporate Broker)

Marcus Jackson

Asia Underwood

+44 (0)20 628 1000

About PensionBee

PensionBee is a leading online pension provider, making pension management easy for its customers while they save for a happy retirement.

PensionBee helps its customers combine their old pension pots, make flexible contributions, invest in line with their goals and values and make withdrawals from the age of 55 (increasing to 57 in 2028). PensionBee offers a range of investment plans, including fossil fuel free options, from some of the world's largest asset managers.

Operating in the £1 trillion market of Defined Contribution pension assets, PensionBee has grown rapidly through its direct-to-consumer marketing activities, creating a household brand name for the mass market.

The Company has over £3.0bn in Assets Under Administration and 183,000 Invested Customers as at 31 December 2022. PensionBee has consistently maintained a Customer Retention Rate in excess of 95% and an Excellent Trustpilot rating, reflecting its commitment to outstanding customer service.

Important Legal Information

Liberum Capital Limited, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting as corporate broker for the Company in connection with this announcement and for no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement.

Stifel Nicolaus Europe Limited (trading as Keefe, Bruyette & Woods), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting as corporate broker for the Company in connection with this announcement and for no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement.

Merrill Lynch International ('BofA Securities'), which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting as corporate broker for the Company in connection with this announcement and for no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement.