Proposed Secondary Placing in Kooth Plc

Root Capital Fund II LP, acting through its general partner ScaleUp Capital General Partner LLP, (the "Selling Shareholder") announces that it intends to sell ordinary shares in the Company with a value of £8-10 million (the "Placing Shares"), at a price of 280 pence per ordinary share.

The Placing Shares are being offered by way of an accelerated bookbuild (the "Placing") to institutional investors, which will be launched immediately following this announcement. Stifel Nicolaus Europe Limited ("Stifel") is acting as Sole Bookrunner (the "Sole Bookrunner") in connection with the Placing.

The final number of Placing Shares to be placed will be agreed by the Sole Bookrunner and the Selling Shareholder at the close of the bookbuild process, and the results of the Placing will be announced as soon as practicable thereafter. The timings for the close of the bookbuild process are at the absolute discretion of the Sole Bookrunner. The Placing is subject to demand, price and market conditions. The Selling Shareholder has agreed to sell pursuant to a block trade agreement in relation to the Placing. Completion of the Placing is conditional on the block trade agreement not being terminated prior to completion of the Placing.

The Selling Shareholder will be subject to a lock-up for 90 days in relation to all other ordinary shares in the Company held by them and any person controlled by or controlling or under common control with them after completion of the Placing, subject to customary exceptions.

The Company will not receive any proceeds from the Placing.