Coats Group PLC

AGM Information • Jun 11, 2020

COATS GROUP PLC (the "Company")

Company Number 103548

ORDINARY RESOLUTION OF THE COMPANY

PURSUANT TO SECTION 283 OF THE COMPANIES ACT 2006

PASSED ON 11 JUNE 2020

At the Annual General Meeting of the Company held at 4 Longwalk Road, Stockley Park, Uxbridge, UB11 1FE, England, the following resolution was duly passed by the Company as an Ordinary Resolution:

Resolution 14

That the Directors be generally and unconditionally authorised to allot shares in the Company and to grant rights to subscribe for or to convert any security into shares in the Company:

• (i) grants made under paragraph (ii) below in excess of such sum); and
• (ii) Company up to a nominal amount of £47,719,669 (such amount to be reduced by any allotments or grants made under paragraph (i) above) in connection with an offer by way of a rights issue:
  • to ordinary shareholders in proportion (as nearly as may be practicable) to their existing a) holdings; and
  • b) the Directors otherwise consider necessary,

and so that the Directors may impose any limits or restrictions and make any arrangements which they consider necessary or appropriate to deal with treasury shares, fractional entitlements, record dates, legal, regulatory or practical problems in, or under the laws of, any territory or any other matter.

Such authority shall apply in substitution for all subsisting authorities (without prejudice to the continuing authority of the Directors to allot shares, and grant rights to subscribe for or convert any security into shares, pursuant to an offer or agreement made by the Company before the expiry of the authority pursuant to which such offer or agreement was made) and shall expire (unless previously varied as to duration, revoked or renewed by the Company in a General Meeting) on 30 June 2021 or at the conclusion of next year's AGM, whichever is the earlier, save that the Company shall be entitled to make offers and enter into agreements before the expiry of such authority which would or might require shares to be allotted or rights to subscribe for or convert securities into shares to be granted after such expiry and the Directors shall be entitled to allot shares and grant rights to subscribe for or convert securities into shares pursuant to any such offer or agreement as if this authority had not expired.

Signed:

Stuart Morgan

Company Secreta. 11 June 2020