Notification of Transactions by PDMRs

On March 22, 2024, Burford's Chief Executive Officer, Christopher Bogart, and Burford's Chief Investment Officer, Jonathan Molot, used their respective cash compensation to invest in aggregate $5.1 million in Burford's ordinary shares of nil par value ("Shares") through Burford's employee deferred compensation plan.

These investments total 333,528 Shares, comprising 167,991 Shares by Mr. Bogart and 165,537 by Mr. Molot.

Christopher Bogart, Burford's Chief Executive Officer, commented:

"Jon and I have together made significant investments in Burford's ordinary shares in recent years and now together have exposure to almost 10% of Burford's shares."

Additional information with respect to the Burford Capital deferred compensation plan can be found in Burford's Annual Report on Form 20-F for the year ended December 31, 2022 filed with the US Securities and Exchange Commission on May 16, 2023. In essence, Burford's employees are able to elect to defer cash and other compensation, without incurring current taxes, into the Burford Capital deferred compensation plan, which in turn permits the full amount of that deferred compensation to be allocated to the Shares (or for other investment options). This is a tax-efficient way for Burford's employees to continue to accumulate exposure to the Shares.

LTIP grants

On March 22, 2024, new grants of Shares (50% of which are subject to performance conditions) were made to members of Burford's management committee under the Burford Capital 2016 Long Term Incentive Plan (the "LTIP") as part of Burford's usual annual compensation cycle. The allocation of grants is as follows: 201,877 Shares to each of Messrs. Bogart and Molot, and 20,548 Shares to each of (i) Deputy Chief Investment Officer, Craig Arnott, (ii) General Counsel and Chief Administrative Officer, Mark Klein, (iii) Chief Financial Officer, Jordan Licht, (iv) Chief Strategy Officer, Elizabeth O'Connell, (v) Co-Chief Operating Officer David Perla and (vi) Co-Chief Operating Officer Aviva Will.

A further announcement will follow in the coming days in respect of the vesting of awards granted in prior years following the satisfaction of the performance conditions related thereto.