Result of secondary placing in Trustpilot

Further to the announcement on 19 March 2024 in relation to a proposed placing of ordinary shares in Trustpilot Group PLC ("Trustpilot" or the "Company"), Trafalgar Acquisition S.à. r.l., an entity owned by funds managed by Vitruvian Partners LLP ("Vitruvian" or the "Seller"), has sold 15,500,000 ordinary shares in the Company (the "Placing Shares") at a price of 200 pence per share (the "Placing"). Due to strong investor demand, the Seller agreed with Berenberg to increase the size of the Placing to 15,500,000 shares from the approximately 12,500,000 originally proposed. The Placing Shares represent approximately 3.7 per cent of the Company's issued share capital1.

The proceeds of the Placing are payable in cash on usual settlement terms and settlement of the Placing is expected to occur on 22 March 2024.

Following completion of the Placing, the Seller will hold 22,044,546 ordinary shares in Trustpilot and will be subject to a 45 calendar day lock-up which is subject to certain exceptions and may otherwise only be waived with the consent of the Bookrunner.

Trustpilot is not a party to the Placing and will not receive any proceeds from the Placing.

• 414,991,054 shares in issue as at 29 February 2024.