Shares Repurchase Programme and Change of Broker

Date of registration: 4 October 2019 Date of registration: 18 October 2019

LSE share code: N91 JSE share code: NY1

JSE share code: N91 ISIN: ZAE000282356

Ninety One plc Repurchase of Shares

On 6 March 2025, Ninety One plc (the "Company") announced that it had initiated a share repurchase programme of up to £30 million (the "Programme") pursuant to which the Company's ordinary shares would be purchased in the open market and cancelled to reduce the Company's ordinary share capital.

Today, the Company announces its intention to increase the Programme from £30 million to £55 million and to extend the date for repurchases to be completed no later than 21 July 2026 (subject to regulatory approval remaining in place).

The Company further announces that it has entered into an agreement (the "Agreement") with J.P. Morgan Securities plc ("JPMS") to undertake the Programme on its behalf and to make trading decisions under the Programme independently of the Company. JPMS will purchase the Company's ordinary shares on the London Stock Exchange, as riskless principal, subject to certain parameters agreed between the Company and JPMS, and the Company's right to terminate the Agreement in certain circumstances.

The repurchase of ordinary shares under the Programme will be effected within the scope of any authority to repurchase ordinary shares conferred on the Company in its general meeting, the UK Market Abuse Regulation, the Companies Act 2006 and the Financial Conduct Authority's UK Listing Rules.