Proposed Secondary Placing In Trustpilot Group plc

Advent Global Opportunities Master Limited Partnership ("Advent Global Opportunities" or the "Seller"), announces its intention to sell up to 21,593,421 ordinary shares (the "Placing Shares") in Trustpilot Group plc ("Trustpilot" or the "Company"). The Placing Shares represent approximately 5.6% of Trustpilot's existing issued ordinary share capital.

The Placing Shares are being offered by way of an accelerated bookbuild (the "Placing"), which will be launched immediately following this announcement. Deutsche Bank AG ("Deutsche Bank") acting through its London Branch trading as Deutsche Numis ("Deutsche Numis") is acting alongside J.P. Morgan Securities plc ("J.P. Morgan"), which conducts its UK investment banking activities as J.P. Morgan Cazenove ("J.P. Morgan Cazenove"), as joint bookrunners in connection with the Placing (Deutsche Numis and J.P. Morgan together the "Joint Bookrunners").The final number of Placing Shares to be placed and the price at which the Placing Shares are to be placed will be agreed by Deutsche Numis and J.P. Morgan alongside the Seller at the close of the bookbuild process, and the results of the Placing will be announced as soon as practicable thereafter.

The timings for the close of the bookbuild process are at the absolute discretion of Deutsche Numis and J.P. Morgan. The Placing is subject to demand, price and market conditions.

Trustpilot will not receive any proceeds from the Placing.

Upon successful completion of the transaction, Advent Global Opportunities Management LLC will continue to hold a small residual stake of approximately 250k shares through a separate fund, which if sold in the future will not be through a capital markets event.