Share repurchase programme

Future plc (the Company) (LSE: FUTR) the global platform for intent-led specialist media, announces that, in connection with the share buyback programme of up to £55 million which it announced on 5 December 2024, it is commencing a share buyback programme (the Programme) to purchase shares with a value of up to £55 million subject to remaining within the FY2024 AGM authority (the Authority). The Authority is for a maximum of 11,672,792 shares, of which 4,398,605 shares were purchased under the share buyback programme which was announced in May 2024 and which was completed on 21 October 2024, leaving 7,274,188 shares available to be purchased under the Authority.

The Programme will be executed during the period starting today, 2 January 2025, and ending no later than the conclusion of the Company's FY2026 Annual General Meeting or, if earlier, the close of business on 1 December 2025 (the Engagement Period), in order to reduce the Company's capital.

Future will announce any market repurchase of Ordinary Shares no later than 7.30 a.m. on the business day following the calendar day on which the repurchase occurred.

The Board will keep the Programme under review and continue to assess it against its capital allocation priorities.