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Statement re press speculation

In brief · summary, not quotable

Next 15 Group plc confirmed on 4 November 2025 that it is in discussions regarding the potential disposal of a selected number of its brands, following recent media speculation. This strategic move aligns with the company's stated simplification strategy and is primarily focused on maximising shareholder value. The Board will only consider any sale if it meets minimum value thresholds and adequately reflects the strengths and prospects of the brands. However, there is currently no certainty that any agreement will be reached or regarding the specific terms of any such transaction.

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The Board of Next 15, the tech and data driven growth consultancy, notes the recent media speculation in relation to the possible sale of a selected number of its brands.

As noted in its announcement of 27 June 2025, the Company confirms that it is in discussions to explore the terms of a potential disposal of a selected number of its brands, in line with its stated simplification strategy.

The Board’s primary focus remains on maximising shareholder value. At this time, there can be no certainty that any agreement will be reached, nor as to the terms of any such agreement. The Board will only consider the sale of any of its brands if that transaction meets its minimum value thresholds and which adequately reflects the strengths and prospects of those brands. Further updates will be provided as appropriate.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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