Company Announcements

NORCROS BUSINESS TRITON ACHIEVES A KING'S AWARD FOR ENTERPRISE

Norcros, the market-leading designer and supplier of high quality bathroom and kitchen products in the UK, European and South African markets, is pleased to announce that its business, market leader Triton Showers has today been honoured with a King's Award for Enterprise in recognition of its outstanding commitment to sustainable development.

Triton - which employs over 280 people at its Shepperton Business Park headquarters - is one of only 29 select organisations to be recognised nationally within the award's Sustainable Development category. Other categories include International Trade, Innovation, and Promoting Opportunity (through Social Mobility).

Triton, which has been part of Norcros PLC since 1987, is a well-known UK manufacturer and market leader in the electric shower segment. In 2019, the business reset its vision, values, and company ethos to increase its environmental and social focus. This included outlining ambitious targets for reducing its carbon footprint, including achieving Net Zero by 2035.

This commitment to sustainability has been central to Triton's business case, and its resonance with customers has led the business to perform strongly, outperforming the electric shower market. Triton now holds 54% of the UK's electric showers market.

David Tutton, managing director at Triton, commented: "Given our market-leading position, we believe it is our responsibility to champion the water, energy, and carbon saving benefits of showers at every opportunity. We are therefore delighted to receive a King's Award for Excellence in Sustainable Development, which is testament to the hard work of everyone within our organisation who is contributing towards delivering change."

First established in 1965, the King's Awards for Enterprise are the most prestigious awards for UK businesses, celebrating the success of exciting and innovative organisations that are leading the way with pioneering products or services, delivering impressive social mobility programmes, or showing their commitment to excellent sustainable development practices. 2024 marks the second year of The King's Awards for Enterprise, reflecting His Majesty The King's desire to continue the legacy of HM Queen Elizabeth II by recognising outstanding UK businesses.

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About Norcros

Norcros is a market-leading designer and supplier of high quality bathroom and kitchen products in the UK, Europe and South African markets.

In the UK, Norcros operates under seven brands, Triton, Merlyn, Grant Westfield, Vado, Croydex, Abode, and Johnson Tiles.

In South Africa, Norcros operates under four brands, Tile Africa, House of Plumbing, TAL, and Johnson Tiles.

Norcros is headquartered in Wilmslow, Cheshire and employs around 2,300 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.com

About Triton

Triton Showers is the UK's leading shower manufacturer. Established in 1975, the business has been at the forefront of providing customers with energy efficient electric and mixer showering products ever since.

As a proud British manufacturer, the company became a member of the 'Made in Britain' scheme in 2014 and remains passionate and dedicated about delivering style, functionality and value to its customers. Triton Showers' products have been designed with ease of installation and unrivalled reliability in mind - as well as coming with a one-year parts and labour guarantee.

In 2021 Triton Showers achieved the Carbon Trust Standard for Carbon; followed by being accredited with Carbon Neutral status in 2021; and again in 2022 - underlining its commitment to reduce carbon emissions year on year, as part of its ambition to achieve Carbon Net Zero alignment by 2028

For more information about how Triton is moving the dial on sustainability, visit https://www.tritonshowers.co.uk/sustainability, and for further details about the application process for the King's Awards for Enterprise 2025, which opens on the anniversary of His Majesty The King's Coronation, 6^th May, visit: https://www.gov.uk/kings-awards-for-enterprise.