Closing of Investments in Anthropic and Stripe

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

1 September 2026

SHAIRES HOLDINGS LTD

("Shaires" or the "Company")

AIM: SHR

Closing of Investments in Anthropic and Stripe

Shaires Holdings Ltd (AIM: SHR), the publicly quoted London investment company focused on providing investors with exposure to leading private technology and AI businesses, is pleased to announce that, further to its announcement of 13 August 2026, it has completed the acquisition of indirect interests in Anthropic of US$16.2 million and Stripe, US$9.2 million through an investment of US$25.4 million in a special purpose vehicle holding indirect beneficial interests in the 2 companies, following satisfaction of the customary closing conditions referred to in that announcement.

The completion represents an important milestone in the build-out of Shaires' initial portfolio, providing shareholders with exposure to two of the world's leading private technology companies at a time of continued rapid development across artificial intelligence and the infrastructure supporting its adoption.

The Anthropic interest was acquired at its US$965 billion Series H valuation and at an equivalent price of approximately US$589.01 per share.  The investment represents an indirect interest of approximately 0.001% in the equity of Anthropic.

The Stripe exposure was acquired at its US$159 billion February 2026 tender valuation and at an equivalent price of approximately US$63 per share.  The investment represents an indirect interest of approximately 0.006% in the equity of Stripe.

For all further details on this investment please refer to the full announcement of 13 August 2026.

About Anthropic

Anthropic is a leading frontier AI company and the developer of the Claude family of models, focused on enterprise and coding. On a management-reported basis its annualised revenue run-rate was approximately US$65 billion as at July 2026, and its most recent primary financing (Series H) valued the company at approximately US$965 billion. Its investors include Amazon, Google and leading global institutions. Anthropic is private and does not publish audited financial statements; figures are unaudited and management-reported.

About Stripe

Stripe is the leading programmable financial-infrastructure platform, processing approximately US$1.9 trillion of total payment volume in 2025 for millions of businesses, and is profitable and cash-generative. In August 2026 it acquired OpenRouter, a leading AI model gateway and routing platform. Its most recent company tender offer (February 2026) valued the company at approximately US$159 billion. Stripe is private and does not publish audited financial statements; figures are unaudited estimates.

Further information pursuant to Schedule 4 of the AIM Rules for Companies

It is not possible to provide the profit or loss figures for Anthropic or Stripe as they do not publish financial statements and accordingly, no profit or loss figure attributable to these companies is available for disclosure. These companies are privately-held companies and therefore have no legal requirement to issue financial statements.

Investment in Figure AI

The Company's investment in Figure AI, also announced on 13 August 2026, has not yet been completed and a further announcement will be made in due course.

Director's comment

Vivek Seth, Chief Executive Officer of Shaires, said:

"Anthropic and Stripe represent exactly the calibre of companies we want at the core of Shaires: category-defining businesses with exceptional technology, scale and long-term growth potential.

"Anthropic is operating at the frontier of artificial intelligence, while Stripe is increasingly becoming part of the economic infrastructure through which the AI economy operates. The pace of innovation and execution at both businesses continues to be remarkable.

"Since Shaires announced the proposed investments, both companies have continued to announce significant developments that further highlight their extraordinary momentum.

"These investments demonstrate precisely what we established Shaires to do: give public-market investors access to exceptional private companies that have historically been difficult to own."

Enquiries

Shaires Holdings Ltd

About Shaires Holdings Ltd

Shaires Holdings Ltd (AIM: SHR) is a publicly quoted London investment company that provides public market investors with concentrated exposure to leading private mid- and late-stage technology companies, with a particular focus on artificial intelligence. The Company is internally managed and charges no management or performance fees.

In addition to cash investments, the Company may acquire positions through in-kind (in specie) contributions, whereby employees and early shareholders of private technology companies may exchange eligible holdings for new Ordinary Shares in the Company, therefore providing them liquidity and diversification. Through this mechanism, public-market investors gain access to an asset class historically closed to them.

With an emerging megatrend of large frontier AI companies vertically integrating their business throughout the value chain from modelling through to chips and services, the Shaires board and management believe that they have the right methodology and strategy to provide capital to the best next-generation businesses.

Further information is available at www.shaires-holdings.com.

Forward-looking statements are subject to risks and uncertainties and actual results may differ materially. Anthropic and Stripe figures are unaudited estimates or management-reported. Nothing in this announcement is investment advice or a recommendation; the value of investments can go down as well as up.