Retail Offer

THIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 ("FSMA") AND HAS BEEN APPROVED BY SHORE CAPITAL STOCKBROKERS LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 124784)

Frontier IP Group plc

("Frontier IP", the "Company" or the "Group")

Retail Offer

Frontier IP Group plc (AIM: FIPP), a specialist in commercialising intellectual property, is pleased to announce a retail offer via BookBuild (the "Retail Offer") of up to 3,333,333 new ordinary shares ("Ordinary Shares") of 10 pence each in the capital of the Company (the "Retail Shares") at an issue price of 12 pence per Ordinary Share (the "Issue Price").

In addition to the Retail Offer, the Company is also conducting a placing of new Ordinary Shares at the Issue Price (the "Placing") and a subscription for new Ordinary Shares at the Issue Price, by all of the directors of the Company (the "Subscription"). The Retail Offer, together with the Placing and the Subscription comprise the "Fundraising". A separate announcement was made earlier today regarding the Placing and its terms, and the Subscription (the "Placing Launch Announcement"). For the avoidance of doubt, the Retail Offer is not part of the Placing or the Subscription, however, the Retail Offer is conditional upon completion of the Placing. Further details of the Placing and the Subscription can be found in the Placing Launch Announcement.

The Issue Price represents a discount of approximately 29.4 per cent to the closing middle market share price of 17 pence per Ordinary Share on 15 June 2026, being the last practicable date prior to the publication of this announcement.

The Retail Offer is conditional, inter alia, upon: (i) shareholders approving certain resolutions at a general meeting to be called by the Company (the "General Meeting") in connection with the Fundraising (the "Fundraising Resolutions"); and (ii) the Retail Shares being admitted to trading on the AIM market operated by London Stock Exchange plc (the "London Stock Exchange") ("Admission"). Subject to the Fundraising Resolutions being passed at the General Meeting, Admission is expected to take place on 16 July 2026.

The net proceeds of the Fundraising will be utilised by the Company to strengthen its balance sheet and provide working capital for the Group.

Expected Timetable in relation to the Retail Offer

Any changes to the expected timetable set out above will be notified by the Company through a Regulatory Information Service (as defined under the AIM Rules for Companies published by the London Stock Exchange). References to times are to London times unless otherwise stated.

Dealing Codes

Retail Offer

The Company values its retail shareholder base, which has supported the Company alongside institutional investors since IPO in 2011. Given the support of retail shareholders, the Company believes that it is appropriate to provide new and existing retail shareholders in the United Kingdom the opportunity to participate in the Retail Offer. The Company is therefore making the Retail Offer available in the United Kingdom through the financial intermediaries which will be listed, subject to certain access restrictions, on the following website: https://www.bookbuild.live/deals/XQ2JVQ/authorised-intermediaries

Shore Capital Stockbrokers Limited ("Shore Capital") will be acting as retail offer coordinator in relation to this Retail Offer (the "Retail Offer Coordinator").

Existing retail shareholders and new retail shareholders can contact their broker or wealth manager ("Intermediary") to participate in the Retail Offer. In order to participate in the Retail Offer, each intermediary must be on-boarded onto the BookBuild platform and agree to the final terms and the retail offer terms and conditions, which regulate, inter alia, the conduct of the Retail Offer on market standard terms and provide for the payment of commission to any intermediary that elects to receive a commission and/or fee (to the extent permitted by the FCA Handbook Rules) from the Retail Offer Coordinator (on behalf of the Company).

The Retail Offer will be open to eligible investors in the United Kingdom at 4:45pm on 16/06/2026. The Retail Offer is expected to close at 5:00pm on 18/06/2026. Investors should note that financial intermediaries may have earlier closing times. The Retail Offer may close early if it is oversubscribed.

To be eligible to participate in the Retail Offer, applicants must be a customer of one of the participating intermediaries listed on the above website, resident in the United Kingdom and aged 18 years or over.

It is vital to note that once an application for Retail Shares has been made and accepted via an intermediary, it cannot be withdrawn.

The Retail Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with existing Ordinary Shares including the right to receive all dividends and other distributions declared, made or paid after their date of issue.

The Retail Offer is not being made into any jurisdiction other than the United Kingdom..

No offering document, prospectus or admission document has been or will be prepared or submitted to be approved by the FCA (or any other authority) in relation to the Retail Offer, and investors' commitments will be made solely on the basis of the information contained in this announcement and information that has been published by or on behalf of the Company prior to the date of this announcement by notification to a Regulatory Information Service in accordance with the FCA's Disclosure Guidance and Transparency Rules and the Market Abuse Regulation (EU Regulation No. 596/2014) ("MAR") as it forms part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018 (as amended).

There is a minimum subscription of £100.00 per investor under the terms of the Retail Offer which is open to investors in the United Kingdom subscribing via the intermediaries which will be listed, subject to certain access restrictions, on the following website: https://www.bookbuild.live/deals/XQ2JVQ/authorised-intermediaries

It should be noted that a subscription for Retail Shares and investment in the Company carries a number of risks including the risk that investors may lose their entire investment. Investors should take independent advice from a person experienced in advising on investment in securities such as the Retail Shares if they are in any doubt.

Capitalised terms used but not defined in this announcement have the meanings given to them in the Placing Launch Announcement unless the context provides otherwise.

UK Product Governance Requirements

Solely for the purposes of the product governance requirements of Chapter 3 of the FCA Handbook Product Intervention and Product Governance Sourcebook (the "UK MiFIR Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the UK MiFIR Product Governance Requirements) may otherwise have with respect thereto, the Retail Shares have been subject to a product approval process, which has determined that the Retail Shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in paragraphs 3.5 and 3.6 of COBS; and (ii) eligible for distribution through all permitted distribution channels (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, distributors should note that: the price of the Retail Shares may decline and investors could lose all or part of their investment; the Retail Shares offer no guaranteed income and no capital protection; and an investment in the Retail Shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to any contractual, legal or regulatory selling restrictions in relation to the Retail Offer.

EU Product Governance Requirements