AGM Statement

NAHL (AIM: NAH), a leading marketing and services business focused on the UK consumer legal market, will hold its Annual General Meeting ("AGM") at 10:00am today.

At the AGM, Tim Aspinall, Chair, will make the following statement:

"I am pleased to confirm the positive trading momentum recorded in the first quarter of 2026 has continued into the second quarter of 2026. As a result, the Board remains confident in delivering a full year outturn in line with management's expectations.

"The Group has continued to improve cash conversion, profitability and revenue growth through the first half, building on the progress made in the financial year ended 31 December 2025. As previously reported, due to the expected lower number of settlements in National Accident Law, and the reduction in size of its claims book we expect lower levels of cash generation, profitability and revenue in the second half of the current financial year, albeit management's full year expectations remain unchanged.

"I want to reiterate that the Board are hard at work actively exploring suitable options to accelerate value for shareholders and appropriate capital allocation. Whilst we recognise the ongoing uncertainty of this process, we are striving to reach a conclusion and be able to provide an update on progress as soon as possible, bearing in mind not just regulatory requirements, but commercial factors too.

"I would also like to take this opportunity on behalf of the Board to thank our shareholders for their continued support and engagement."

The Group expects to provide a trading update for the six months ended 30 June 2026 in July 2026.