National Storage Mechanism | Additional information

Shawbrook Group plc - Completion of Acquisition - ThinCats Group Limited

Further to the announcement on 2 September 2025, Shawbrook Group plc ('Shawbrook') is pleased to confirm that the acquisition of ThinCats Group Limited ('ThinCats'), a leading specialist lender to established, growth-focused SMEs, has completed¹.

Marcelino Castrillo, Chief Executive Officer at Shawbrook, commented:

"ThinCats is a leading UK FinTech with an excellent track record of delivering bespoke funding to growth-focused SMEs, whose owners, management teams and sponsors value speed, flexibility and certainty.

This acquisition will serve to further scale-up and deepen our presence in the very large and growing SME market. The ThinCats proposition will continue to compete and offer choice in the market, whilst the Shawbrook platform will allow us to scale the brand more efficiently and serve even more UK SMEs with highly tailored funding solutions."

Footnote:

1. ThinCats will be consolidated into the Group's balance sheet as at 30 September 2025.

For investor enquiries, please contact:

Murray Long

Head of Investor Relations

[email protected]

For media enquiries, please contact:

Zander Swinburne

Teneo

[email protected]

About Shawbrook

Shawbrook provides finance to a broad and diverse range of customer segments, each of which values the flexibility, speed and certainty we deliver.

Shawbrook combines sophisticated underwriting, multi-channel distribution and next-generation technology and data capabilities to create a platform that delivers high-growth and high-returns while supporting our customers' ambitions.

With a diversified product suite, we serve carefully selected Commercial and Retail markets, from complex structured credit facilities for growth-focused businesses to mortgages for professional landlords and property investors, as well as motor finance for high-end vehicles.

The Group's lending activities are primarily funded by a stable retail deposit book consisting of easy access and ISA accounts, variable rate notice accounts and fixed rate fixed term accounts (typically one to five years).

Shawbrook Bank Limited is an operating entity of Shawbrook Group plc. Shawbrook Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is a member of the Financial Services Compensation Scheme.