TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to theFCA in Microsoft Word format if possible)i 1a. Identity of the issuer or the underlying issuer of existing shares towhich voting rights are attachedii: 1b. Please indicate if the issuer is a non- PHSC plc UK issuer(please mark with an “X” if appropriate) Non-UK issuer 2. Reason for the notification(please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights x 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 Stephen Anson King City and country of registered office Edinburgh, United Kingdom (if applicable) 4. Full name of shareholder(s) (if different from 3.)v Name Embark Investment Services Ltd City and country of registered office Dundee, United Kingdom (if applicable) 5. Date on which the threshold was 27 June 2025 crossed or reachedvi: 6. Date on which issuer notified 27 June 2025 (DD/MM/YYYY): 7. Total positions of person(s) subject to the notification obligation Tot al num ber % of voting rights of % of voting rights through financial Total of both in % vot attached to shares instruments (8.A + 8.B) ing (total of 8. A) (total of 8.B 1 + rig 8.B 2) hts of iss uer vii Resulting situation 1,9 on the date on 18.97% 18.97% 50, which threshold was 000 crossed or reached Position of previous notification (if 19.02% 19.02% applicable)
8. 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 Number of voting rightsix % of voting rights of shares Indirect Direct Indirect Direct ISIN code (Art 10 of (Art 9 of (Art 10 of (if (Art 9 of Directive Directive Directive Directive possible) 2004/109/EC) (DTR5.1) 2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.2.1) (DTR5.1) (DTR5.2.1) 3311345 0 1,950,000 0 18.97% GB0033113456 SUBTOTAL 8. 1,950,000 18.97% A B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) Number of voting rights that Type of Expiration Exercise/ may be acquired if the % of voting financial datex Conversion instrument is rights instrument Periodxi exercised/converted. SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to Art. 13 (1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Type of Exercise/ Physical or financial Expiration Conversion cash Number of voting % of voting instrument datex Periodxi rights rights settlementxii SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “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) issuerxiii Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate x controlling natural person or legal entityxiv (please add additional rows as necessary) Tot al of bot h if it equ als % of voting rights through or % of voting rights if it financial instruments if it is Namexv equals or is higher than the equals or is higher than the hig notifiable threshold notifiable threshold her tha n the not ifi abl e thr esh old Stephen Anson King 18.97% 0% 18. 97% 10.In case of proxy voting, please identify:Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional informationxvi The voting rights held are attached to shares held byEmbark Investment Services Ltd on behalf ofStandard Life Trustees Company Ltd Standard Life Trustee Company Ltd has custody of these assets on behalf of the beneficial owner –Stephen Anson King
_____________________________________________ |Place of completion|Edinburgh, United Kingdom| |___________________|_________________________| |Date of completion |27 June 2025 | |___________________|_________________________|
