Issue of shares and total voting rights

Public Policy Holding Company, Inc., ("PPHC", the "Group" or the "Company"), a leading bi-partisan, full-service US government affairs business, announces the issuance of new Common Shares of $0.001 each (the "Common Shares") in relation to the acquisition by its subsidiary KP Public Affairs of an existing partner and supplier and the hiring of its staff member.

This combination will expand KP Public Affairs' capabilities as a leading provider of lobbying and public affairs in the State of California and allow it to capture the full revenue and profits associated with the supplier.

The Acquisition will be immediately accretive to earnings; At completion, which occurred on 1 February 2024, the Company issued 62,637 New Common Shares of $0.001 each at a price of £1.1307 per Common Share, totaling $90,000. These shares will be subject to a structured four-year vesting schedule. In addition to the initial consideration, a future share issuance of up to $195,000 may be made after the end of 2026, contingent on achieving certain performance targets between 2024 and 2026.

Application will be made for the new Common Shares, which will rank pari passu with the existing Common Shares in issue, to be admitted to trading on AIM. Dealings are expected to commence on or around 6 February 2024.

Following this issue of shares, the Company's total issued and voting share capital upon admission will consist of 115,334,598 Common Shares. This figure may be used by shareholders 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, securities of the Company.