Share Buyback Programme

Anglo-Eastern Plantations Plc, which owns, operates and develops plantations in Indonesia and Malaysia, is pleased to announce that it will commence a new share buyback programme (the "Programme") with immediate effect.

The Programme will have a quantum of up to £8 million (in aggregate) to be used to buy back AEP's ordinary shares of 25 pence each ("Shares") in the market over the course of the period from the date of this announcement until 30 June 2026 or, if earlier, on the date of the Company's 2026 AGM ("Expiry Date").

The Board believes that AEP's Shares are undervalued relative to the Group's strong fundamentals and growth potential. By repurchasing shares AEP aims to enhance earnings per share and deliver greater value to remaining shareholders.

In order to implement the Programme, and consistent with the terms of the share buyback programme that was announced on 20 March 2025 and expired on 23 June 2025, AEP has entered into an agreement with Cavendish Capital Markets Limited ("Cavendish") on the following basis:

• Any Shares purchased will be held as treasury shares.
• The Group has authorised the Programme to commence with immediate effect and will continue whilst it retains the authority from shareholders to repurchase Shares until the Expiry Date.
• Outside of the above, the Programme will be conducted in accordance with the other safe harbour parameters as prescribed by MAR.

For further enquiry, contact:

Matt Goode, George Lawson, Trisyia Jamaludin (Corporate Finance)

Tim Redfern, Harriet Ward (Corporate Broking)