Launch of £15m Share Buyback Programme

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Galliford Try Holdings plc

LAUNCH OF £15M SHARE BUYBACK PROGRAMME

Galliford Try Holdings plc (the "Company"), the UK construction group, today announces that it intends to commence a share buyback programme, subject to market conditions, to purchase ordinary shares of 50 pence each in the Company ("Ordinary Shares") for up to a maximum consideration of £15 million from the date of this announcement (the "Buyback").

The Buyback represents the fourth share buyback programme that the Company has undertaken in recent years, having returned £35m across three previous programmes, the most recent of which completed in April 2026.

The Buyback will commence today, and it is the Board's intention that the Buyback will be completed within the current financial year, ending 30 June 2027.

The purpose of the Buyback is to reduce the share capital of the Company and return funds to shareholders who wish to sell their Ordinary Shares. The Ordinary Shares purchased under the Buyback will be cancelled.

The Company has entered into an agreement with Peel Hunt LLP ("Peel Hunt") to initially conduct the Buyback, acting as "riskless" or "matched" principal in accordance with certain contractually agreed parameters. The agreement provides Peel Hunt with authority to carry out market purchases under the Buyback independently of the Company within the agreed parameters. Peel Hunt will conduct the first tranche of the Buyback, which will be for circa £7.5 million. The second tranche of the buyback will be conducted by Panmure Liberum Limited, the Company's Joint Broker. The Company will release a further announcement in due course confirming arrangements for the remainder of the programme.

Any purchase of Ordinary Shares under the Buyback will be carried out on the London Stock Exchange and/or other trading venues. The Buyback will be conducted in accordance with the general authority to repurchase Ordinary Shares granted by the Company's shareholders at the 2025 annual general meeting and to be sought at the 2026 annual general meeting, as well as UKLR 9.6 of the Financial Conduct Authority's UK Listing Rules. All Ordinary Shares purchased under the Buyback will be purchased within the parameters as to price and volume as specified in the relevant shareholder authorities.

Due to the limited liquidity in the Ordinary Shares, a buy-back of ordinary shares on any trading day may represent a significant proportion of the daily trading volume in the Ordinary Shares and may exceed the 25% of the average daily trading volume specified in the provisions of the UK Market Abuse Regulation dealing with buyback programmes and accordingly the Company may not benefit from the exemption contained in Article 5(1) of that regulation.