Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland) i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

London, UK

Irish Continental Group

2. Reason for the notification (please tick the appropriate box or boxes):

[X ] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights

[] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name:

City and country of registered office (if applicable):

Marathon Asset Management Limited

4. Full name of shareholder(s) (if different from 3.)^v :

See attached breakdown in section 12

5. Date on which the threshold was crossed or reachedvi:

03 April 2023

6. Date on which issuer notified:

04 April 2023

7. Threshold(s) that is/are crossed or reached:

8. Total positions of person(s) subject to the notification obligation:

	% of voting rights attached to shares (total of 9.A)	% of voting rights through financial instruments (total of 9.B.1 + 9.B.2)	Total of both in % (9.A + 9.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	4.9987	0	4.9987	170,875,228
Position of previous notification (if applicable)	5.96	0	5.96

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix		% of voting rights
	Direct	Indirect	Direct	Indirect
Ordinary Shares (IE00BLP58571)		8,541,599		4.9987
SUBTOTAL A		8,541,599		4.9987

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
Type of financial instrument	Expiration datex	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights
None
		SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument	Expiration datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number of voting rights	% of voting rights
None
			SUBTOTAL
			B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ X ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

12. Additional informationxvi:

Breakdown of Holdings:

Custodian	Nominal
Bank of New York Mellon	1,238,081
Brown Brothers Harriman	1,282,540
JP Morgan Chase	148,161
Northern Trust	3,225,282
State Street Bank & Trust Company, Boston	3,221,457
Total	9,524,713

The shares referred to in this disclosure correspond to a number of funds and accounts managed by portfolio managers under the control of Marathon Asset Management Limited. The provided breakdown of holdings refer to the total number of shares in the Issuer controlled by Marathon Asset Management Limited but the firm only has authority to vote in connection with 8,541,599 shares.

Done at London, UK on 04 April 2023.

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