Transfer of Treasury Shares

Mercia Asset Management PLC

("Mercia", the "Group" or the "Company")

Transfer of Treasury Shares

Mercia Asset Management PLC (AIM: MERC), the regionally focused, specialist alternative asset manager with over £1.8billion of assets under management, announces that on 9 May 2025, the Company transferred 61,983 Ordinary shares of 0.001p ("Ordinary Shares") from Treasury to satisfy the exercise of employee Save As You Earn share options, by good leavers.

The Company confirms that as at 12 May 2025, its issued share capital consists of 431,398,353 Ordinary Shares, all with voting rights. In addition, 15,281,170 shares are currently held in Treasury. The total number of voting rights in the Company as at 12 May 2025 is therefore 431,398,353 and this figure may therefore be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, to the Company.