Commencement of share buyback programme

Today the Group is pleased to announce that it has appointed Joh. Berenberg, Gossler & Co KG, London ("Berenberg") to conduct the share buyback programme announced on 10 April 2025 of up to £50 million over the next three years for Foresight (in accordance with certain pre-set parameters) (the "Share Buyback") to buy back (repurchase) Ordinary Shares (as defined in Foresight's articles of incorporation) (the "shares" or "Ordinary Shares") in the capital of Foresight. Berenberg will be authorised by the Board of Directors of Foresight (the "Board") to make trading decisions in relation to the Share Buyback independently of Foresight, noting that the Group Board will reassess the utilisation of this Share Buyback authority when considering other capital allocation priorities, such as M&A.

Prior to the Company's next annual general meeting to be held in August 2025, the Share Buyback will take place within the limitations of the authority granted to the Board of Foresight at its annual general meeting ("General Authority"), held on 2 August 2024 (the "AGM"), pursuant to which the maximum number of shares which may be bought back is 11,589,254, of which 3,993,735 has been utilised through the previous share buyback programme of £17 million that successfully completed on 2 April 2025. Thereafter the maximum number of shares which may be bought back will not exceed the terms of the new authority granted at future AGM's.

About the Share Buyback

• The Share Buyback will be financed through existing and future cash resources.
• The Share Buyback will commence on the date of this announcement and will continue until the earlier of the expiration of the General Authority or until the number of Ordinary Shares equal to the maximum pecuniary amount have been purchased under the Share Buyback or the process is terminated or paused.
• Share repurchases will take place in open market transactions and may be made from time to time depending on market conditions, share price and trading volume. There is no certainty that any buybacks will be completed. The Share Buyback may be paused at any time if deemed appropriate by Berenberg with respect to the market conditions.
• The Share Buyback will operate in accordance with and under the terms of the General Authority, and within the regulatory limit on the quantity of Ordinary Shares the Company may purchase on a single day. The Share Buyback will be conducted within the parameters of the Market Abuse Regulation 596/2014/EU and the delegated regulations made pursuant to it (as incorporated into English law by virtue of the European Union (Withdrawal) Act 2018 and as amended from time to time) ("MAR").
• However, there may be circumstance where the Group conducts share repurchases such that they exceed 25 per cent of the average daily volume in Ordinary Shares for the 20 trading days prior to the share repurchase and, accordingly, Foresight may not benefit from the exemption contained in Article 5(1) of MAR.
• As at 10 April 2025, the Group's total issued share capital consisted of 116,347,803 Ordinary Shares, with one voting right per share, and 2,601,996 shares held in treasury. Therefore, the total number of voting rights in the Group was 113,745,807.

The Board has determined that the commencement of a share buyback programme is an optimal use of cash resources and is in the best interests of the Company and its shareholders.