Share repurchase programme

Future plc (the Company) (LSE: FUTR) the global platform for specialist media, announces the commencement of a share buyback programme (the Programme), to purchase shares with a value of up to £55 million, subject to remaining within the authority given by shareholders at the Annual General Meeting held on 5 February 2025 (the Authority). The Authority is for a maximum of 11,080,529 ordinary shares in the Company (Shares). The Company's intention to execute this fourth share buyback programme was first announced with its HY 2025 results, on 16 May 2025, and the start of the Programme coincides with the completion of the Company's third share buyback programme, which began on 2 January 2025 and ended on 31 July 2025, and under which 7,011,664 Shares were purchased.

The Programme will be executed during the period starting today, 1 August 2025, and ending once the maximum of 11,080,529 Shares have been purchased, or earlier if the £55 million cap is reached (the Engagement Period), in order to reduce the Company's capital.

Having entered into the Engagement Agreement, the Authority permits the Company to execute the Programme wholly or partly after the expiry of the Authority and to make purchases of Shares pursuant to the Engagement Agreement as if the Authority had not expired.

The Company will announce any market repurchase of Shares no later than 7.30 a.m. on the business day following the calendar day on which the purchase occurred. The Company intends to cancel the Shares it purchases through the Programme.

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