THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN

FOR IMMEDIATE RELEASE

26 January 2026

The Revel Collective Plc

("TRC" or the "Company")

Notice of intention to appoint Administrators

The Revel Collective plc, a leading operator of premium bars and gastro pubs, trading mainly under the Revolution, Revolución de Cuba and Peach Pubs brands confirms that, further to the announcement on 19 December 2025, and following discussions with the Company's secured lender, the Board has resolved to file a notice of intention to appoint administrators to the Company and certain of its subsidiaries.

As noted in the previous announcement, the Board has been actively pursuing the Formal Sale Process to identify an acquirer or acquirers for the business. Those discussions are well advanced, and the Board anticipates a further announcement in the coming days.

Since the transactions being contemplated are not expected to deliver any return to shareholders the Board has resolved to take action to protect creditors. Unless circumstances change, and in accordance with statutory requirements, the Board intends to appoint administrators within 10 business days.

The business will continue to trade and the Company will continue to work alongside advisers in order to preserve as much value as possible for all stakeholders as it advances a potential sale of all or parts of the business.

Further announcements will be made as appropriate.

Temporary Suspension of Trading on AIM

Trading in the Company's ordinary shares on AIM remains suspended pending further notice. It is considered very unlikely that trading will be restored ahead of administrators being appointed.

Enquiries:

The person responsible for arranging release of this information on behalf of the Company is Rob Pitcher, CEO.