16 April 2024

SCHRODERS PLC

PUBLICATION OF PROSPECTUS

The following prospectus has been approved by the Financial Conduct Authority and is available for viewing:

Prospectus dated 16 April 2024 relating to the issue of £250,000,000 6.346 per cent. Subordinated Tier 2 Notes (the "Notes") by Schroders plc (the "Group") as issuer (the "Prospectus").

Application has been made for the Notes to be admitted to trading on the Main Market of the London Stock Exchange with effect from 19 April 2024.

The Notes will provide additional financial flexibility to drive the Group's strategic growth agenda and further strengthen and diversify the Group's sources of capital and liquidity.

To view the full Prospectus, please paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/8460K_1-2024-4-16.pdf

The Prospectus will also be available for viewing at the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus is not addressed. Prior to relying on the information contained in the Prospectus, you must ascertain from the Prospectus whether or not you are part of the intended addressees of the information contained therein.

In particular, neither this announcement nor the Prospectus shall constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities law of any such jurisdiction.

The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of any state or other jurisdiction of the United States of America (the "United States"), and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S) unless the Notes are registered under the Securities Act or an exemption from the registration requirements of the Securities Act is available. The Notes are being offered and sold only to non-U.S. persons outside the United States in reliance upon Regulation S under the Securities Act ("Regulation S").

Your right to access this service is conditional upon complying with the above requirements.