Completion of Topshop and Topman joint venture

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Further to the announcement on 5 September 2024, ASOS is pleased to confirm that it has today completed the sale of the Topshop and Topman brands to 24.8.2024 Limited (the "Joint Venture") (the "Transaction").

HEARTLAND A/S (through its subsidiary, AKTIESELSKABET AF 24.8.2024) now holds a 75% interest in the Joint Venture, and the remaining 25% is held by ASOS Holdings Limited.

There has been no material change affecting any matter contained in the announcement relating to the Transaction released by the Company on 5 September 2024.

For more information on the Transaction, use of the proceeds of the Transaction, the background to and reasons for the Transaction, and the licence granted to ASOS.com Limited by the Joint Venture, please see the announcement released by the Company on 5 September 2024.

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