Just Group PLC

Capital/Financing Update • Sep 19, 2024

National Storage Mechanism | Additional information

RNS Number : 9227E

Just Group PLC

19 September 2024

Just Group plc

19 September 2024

Redemption of the outstanding £250,000,000 Fixed Rate Subordinated Tier 2 Notes (the "Notes") issued by Just Group plc ("Just Group")

(ISIN: XS2242666779)

On 17 September 2024, Just Group announced the successful completion of a tender offer to all holders of the Notes (the "Noteholders"), pursuant to which £232,719,000 in aggregate nominal amount of the Notes (the "Tendered Notes") were validly tendered for purchase by Noteholders, representing approximately 93.09 per cent. of the nominal amount of the Notes.

The Tendered Notes were repurchased and cancelled by the Just Group on 19 September 2024. As at the date hereof, £17,281,000 in aggregate nominal amount of the Notes remain outstanding (the "Outstanding Notes").

Just Group has today given notice that, pursuant to Condition 7.8 (Clean-up redemption at the option of the Issuer) , on 21 October 2024, being a date falling not less than 30 nor more than 60 days from today's date, it shall redeem all Outstanding Notes at their principal amount, together with any Arrears of Interest and any other accrued and unpaid interest to (but excluding) 21 October 2024.

Words and expressions defined in the trust deed dated on 15 October 2020 between the Issuer and Deutsche Trustee Company Limited (as modified, amended, supplemented and/or restated from time to time) shall, unless defined herein or the context otherwise requires, have the same meaning in this announcement.

This announcement is given by

JUST GROUP PLC

For further information, please contact:

Alistair Smith, Investor Relations

Telephone: +44 (0) 1737 232 792

alistair.smith@wearejust.co.uk

Paul Kelly, Investor Relations

Telephone: +44 (0) 20 7444 8127

paul.kelly@wearejust.co.uk

A copy of this announcement will be available on the Group's website www.justgroupplc.co.uk .

JUST GROUP PLC

GROUP COMMUNICATIONS

Enterprise House

Bancroft Road

Reigate

Surrey RH2 7RP

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