National Storage Mechanism | Additional information

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Full name of discloser:	Just Group plc
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Just Group plc
(d) Is the discloser the offeror or the offeree?	Offeree
(e) Date position held: The latest practicable date prior to the disclosure	12 August 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A"	N/A

2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:	Ordinary Shares of 10p each
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	Nil	Nil	Nil
(2) Cash-settled derivatives:	Nil	Nil	Nil	Nil
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	Nil	Nil	Nil
TOTAL:	Nil	Nil	Nil	Nil

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b) Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	None
Details, including nature of the rights concerned and relevant percentages:	None

3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

Interests of Directors

Just Group plc ordinary shares held by directors of Just Group plc and their close relatives and related trusts

Director	Number of Just Group Plc ordinary shares held	Percentage of total issued share capital*
John Hastings-Bass	210,200	0.020%
David Richardson	3,175,408	0.306%
Mark Godson	101,819	0.010%
Mary Phibbs	30,000	0.003%
Michelle Cracknell	59,000	0.006%
James Brown ⁽¹⁾	200,000	0.019%
Mary Kerrigan	61,715	0.006%

*Percentages are rounded to three decimal places

⁽¹⁾ Shares held by Kiripaka Capital, a connected party of James Brown.

Interests held as options or awards by directors of Just Group plc in ordinary shares of Just Group plc

Director	Share plan	Grant date	Number of Just Group plc ordinary shares in respect of which options granted / subject to award	Exercise price (per share) (£)	Vesting Date	Date of expiry of exercise period
David Richardson	Deferred Share Bonus Plan	31 March 2025	251,798	Nil	31 March 2028	31 March 2035
	Deferred Share Bonus Plan	28 March 2024	325,791	Nil	28 March 2027	28 March 2034
	Deferred Share Bonus Plan	23 March 2023	325,475	Nil	23 March 2026	23 March 2033
	Deferred Share Bonus Plan	24 March 2022	323,796	Nil	24 March 2025	24 March 2032
	Long Term Incentive Plan	31 March 2025	1,200,706	Nil	31 March 2028	31 March 2035
	Long Term Incentive Plan	28 March 2024	1,327,014	Nil	28 March 2027	28 March 2034
	Long Term Incentive Plan	23 March 2023	1,543,030	Nil	23 March 2026	23 March 2033
	Long Term Incentive Plan	24 March 2022	1,391,681	Nil	24 March 2025	24 March 2032
Mark Godson	Deferred Share Bonus Plan	31 March 2025	143, 884	Nil	31 March 2028	31 March 2035
	Long Term Incentive Plan	28 March 2024	568,720	Nil	28 March 2027	28 March 2034
	Long Term Incentive Plan	31 March 2025	512,922	Nil	31 March 2028	31 March 2035
	Sharesave Plan	24 April 2024	31,176	0.85	1 June 2029	1 December 2029

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None.

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None.

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

Date of disclosure:	13 August 2025
Contact name:	Simon Watson, Company Secretary
Telephone number:	+44 (0) 20 7444 8400

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

Date of disclosure:

Contact name:

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