Trustpilot Group PLC — Major Shareholding Notification 2021

Apr 1, 2021

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BNK9TP58

Issuer Name TRUSTPILOT GROUP PLC

UK or Non-UK Issuer UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name Vitruvian Partners LLP

City of registered office (if applicable) London

Country of registered office (if applicable) United Kingdom

4. Details of the shareholder

Is the shareholder the same as the person subject to the notification obligation, above? Yes

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

26-Mar-2021

6. Date on which Issuer notified

31-Mar-2021

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

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on	11.408453	0.000000	11.408453	46683936

the date on which threshold was crossed or reached
Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

CLASS/TYPE OF S HARES ISIN COD E(IF POSSIBLE)	NUMBER OF DIRECT VO TING RIGHTS (DTR5.1)	NUMBER OF IN DIRECT VOTIN G RIGHTS (DT R5.2.1)	% OF DIRECT VOTING RIGHTS (DTR5.1)	% OF INDIRE CT VOTING R IGHTS (DTR 5.2.1)
GB00BNK9TP58	46683936		11.408453
Sub Total 8.A	46683936		11.408453%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

TYPE OF FINANCI AL INSTRUMENT	EXPIRA TION D ATE	EXERCISE/CO NVERSION PE RIOD	NUMBER OF VOTING RIGHTS THAT MAY B E ACQUIRED IF THE INSTRUMENT IS EXER CISED/CONVERTED	% OF VOT ING RIGH TS
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

TYPE OF FINANCIAL INSTRUMENT	EXPIRATION DATE	EXERCISE/C ONVERSION PERIOD	PHYSICAL OR CASH SETTLEMENT	NUMBER OF VOTING RIGHTS	% OF VOTING RIGHTS
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

1. 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.

10. In case of proxy voting

Is there proxy voting?

No

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

The Vitruvian Investment Partnership II is managed by Vitruvian Partners LLP and is deemed to be the ultimate beneficial owner of Trafalgar Acquisition S.À R.L.

12. Date of Completion

31-Mar-2021

13. Place Of Completion

London