Company Announcements

13 October 2025

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Exercise of Options, PDMR Shareholding & Total Voting Rights

Intercede, the leading cybersecurity software company specialising in digital identities, announces that it received notification of exercise from Klaas van der Leest, Chief Executive Officer, in relation to 500,000 share options ("Options") over ordinary shares of 1p each in the Company ("Ordinary Shares") at an exercise price of 38.0 pence pursuant to the Company's Enterprise Management Incentive Plan (the "Exercise").

Following this exercise, Klaas van der Leest is now interested in 2,319,727 Ordinary Shares in the Company, representing 3.88 per cent. of the Company's total voting rights.

Accordingly, application has be made for 500,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on or around 16 October 2025.

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following Admission, The Company will have 60,186,452 Ordinary Shares, each with voting rights. The Company holds 373,906 Ordinary Shares in treasury, therefore the total number of voting rights in the Company is 59,812,546. Accordingly, the figure of 59,812,546 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

ENQUIRIES

About Intercede

Intercede is a cybersecurity software company specialising in digital identities, and its innovative solutions enable organisations to protect themselves against the number one cause of data breach: compromised user credentials.

The Intercede suite of products allows customers to choose the level of security that best fits their needs, from Secure Registration and ID Verification to Password Security Management, One-Time Passwords, FIDO and PKI. Uniquely, Intercede provides the entire set of authentication options from Passwords to PKI, supporting customers on their journey to passwordless and stronger authentication environments. In addition to developing and supporting Intercede software, the Group offers professional services and custom development capabilities as well as managing the world's largest password breach database.

For over 20 years, global customers in government, aerospace and defence, financial services, healthcare, telecommunications, cloud services and information technology have trusted Intercede solutions and expertise in protecting their mission critical data and systems at the highest level of assurance.

For more information visit: www.intercede.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.