Director/PDMR Shareholding & Equity Issue re DCP

Grants of Ordinary Shares to Non-Employee Directors and Distributions of Ordinary Shares in Connection with DCP

Burford Capital Limited ("Burford" or the "Company"), the leading global finance and asset management firm focused on law, today announces grants of Burford's ordinary shares of nil par value ("Ordinary Shares") to non-employee directors under the Burford Capital Limited 2021 Non-Employee Directors' Share Plan (the "NED Plan") and an issuance of Ordinary Shares in connection with the distributions pursuant to the Burford Capital Deferred Compensation Plan (the "DCP").

Grants of Ordinary Shares to Non-Employee Directors

Effective as of June 15, 2026, each of the following non-employee directors was granted Ordinary Shares under the NED Plan as compensation for his or her services as a director during the year ending December 31, 2026.

1 Represents total potential ownership of the Ordinary Shares following grants under the NED Plan (including any investments made through the DCP) but does not represent beneficial ownership as it would have been calculated in accordance with the rules of the US Securities and Exchange Commission.

2 The number of Ordinary Shares granted to Mr. Rick Noel is pro-rated to reflect his period of service during the year ending December 31, 2026 following his election to Burford's board of directors at the annual general meeting of shareholders held on May 13, 2026.

Distributions of Ordinary Shares in Connection with DCP

Effective as of June 15, 2026, Chief Executive Officer Christopher Bogart and Chief Strategy Officer Elizabeth O'Connell received 103,586 and 32,847 Ordinary Shares, respectively. In the case of Mr. Bogart, these distributions reflect the deferral of his cash compensation to make the original investment in notional Ordinary Shares through the DCP. In the case of Ms. O'Connell, these distributions reflect Ordinary Shares underlying restricted share units that were deferred into the DCP at vesting. The number of Ordinary Shares distributed to each executive reflects any Ordinary Shares that were withheld for tax purposes.

These distributions do not represent additional share-based compensation. When employees elect to defer cash compensation and make investments in notional Ordinary Shares through the DCP, the Company generally hedges the economic impact of such deferrals by purchasing Ordinary Shares in the open market. These purchases offset the future issuance associated with the DCP distribution. Some employees also elect to defer restricted share units into the DCP at vesting. Deferred restricted share units result in incremental issuance of Ordinary Shares; however, these awards were previously granted as part of the relevant employees' equity compensation and the associated expense was recognized in prior periods.

In connection with these distributions pursuant to the DCP to the executives as set forth above, as well as certain other employees of Burford that are not persons discharging managerial responsibilities, Burford issued an aggregate of 418,153 new Ordinary Shares on June 15, 2026. Application will be made for these 418,153 new Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange plc. The expected date of admission is June 23, 2026. These 418,153 new Ordinary Shares will also be listed on the New York Stock Exchange.

Following the issuance of these new Ordinary Shares, the Company's issued ordinary share capital is 221,732,415, of which 2,244,947 Ordinary Shares are held in treasury and do not have any voting rights. Therefore, the total number of voting rights in the Company, excluding treasury shares, will be 219,487,468 after giving effect to this issuance of new Ordinary Shares. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

The Notification of Dealing Forms for the transactions set forth above are included at the end of this announcement.