25 March 2025

XP Factory Plc

("XP Factory", the "Company" or the "Group")

Capital Reduction Update

XP Factory, one of the UK's pre-eminent experiential leisure businesses operating the Escape Hunt® and Boom Battle Bar® brands is pleased to announce that the final hearing held today at the High Court of Justice approved the Company's application to cancel the amount standing to the credit of its share premium account ("Capital Reduction"), which was also approved by shareholders on 5 March 2025 and further details of which are set out in the Company's circular dated 14 February 2025.

The Court order confirming the Capital Reduction and a statement of capital approved by the Court in connection therewith will be sent to the Registrar of Companies shortly. The Capital Reduction will become effective upon the registration of the Court order and associated statement of capital by the Registrar of Companies.

Completion of the Capital Reduction will not affect the rights attaching to the Company's ordinary shares and will not result in any change to the number of ordinary shares in issue (or their nominal value).

Enquiries:

XP Factory Plc

https://www.xpfactory.com/                                                                                                  +44 (0) 20 7846 3322

Richard Harpham (Chief Executive Officer)                                                                       

Graham Bird (Chief Financial Officer)                                                                                   

Singer Capital Markets, NOMAD and Broker

https://www.singercm.com                                                                                                     +44 (0) 20 7496 3000

Peter Steel                                                                                                                                      

James Todd                                                                                                                                     

IFC Advisory - Financial PR

https://www.investor-focus.co.uk/                                                                                      +44 (0) 20 3934 6630

Graham Herring                                                                                                                            

Florence Chandler

Notes to Editors:

About XP Factory plc

The XP Factory Group is one of the UK's pre-eminent experiential leisure businesses which currently operates two fast growing leisure brands. Escape Hunt is a global leader in providing escape-the-room experiences delivered through a network of owner-operated sites in the UK, an international network of franchised outlets in five continents, and through digitally delivered games which can be played remotely.

Boom Battle Bar is a fast-growing network of owner-operated and franchise sites in the UK that combine competitive socialising activities with themed cocktails, drinks and street food in a high energy, fun setting. Activities include a range of games such as augmented reality darts, Bavarian axe throwing, 'crazier golf', shuffleboard and others. The Group's products enjoy premium customer ratings and cater for leisure or teambuilding, in small groups or large, and are suitable for consumers, businesses and other organisations. The Company has a strategy to expand the network in the UK and internationally, creating high quality games and experiences delivered through multiple formats and which can incorporate branded IP content. (https://xpfactory.com/)

Facebook:             EscapeHuntUK             BoomBattleBar

Twitter:                  @EscapeHuntUK         @boombattlebar

Instagram:            @escapehuntuk          @boombattlebar