Block Admission and Total Voting Rights

Lords, a leading distributor of building materials in the UK, announces that application has been made to the London Stock Exchange plc for a block admission of 92,231 ordinary shares of £0.005 each in the capital of the Company ("Ordinary Shares") to be admitted to trading on AIM (the "New Block Admission").

The New Block Admission relates to Ordinary Shares which may be issued from time to time on the exercise(s) of existing nil cost options to subscribe for new Ordinary Shares pursuant to the Group's 2022 Deferred Bonus Plan. The award of the 2022 Deferred Bonus Plan options was announced by the Company on 27 May 2022.

It is expected that the New Block Admission will become effective on 7 November 2025.

The New Block Admission is in addition to the Company's existing block admission in respect of the issue of New Ordinary Shares from time to time pursuant to the Group's 2021 Deferred Bonus Plan (the "Existing Block Admission"). At 4 November 2025, 223,128 Ordinary Shares remain subject to the Existing Block Admission.

Therefore, and on the New Block Admission becoming effective, the Company will have an aggregate of 315,459 Ordinary Shares, representing 0.19% of the Company's issued ordinary share capital, admitted under block admission arrangements.

Total Voting Rights

The Company's total issued ordinary share capital consists of 166,231,688 Ordinary Shares with voting rights.

The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 166,231,688 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.