Results of secondary placing in Trustpilot

Further to the announcement released on 23 March 2026 in relation to a proposed secondary sale of ordinary shares (the "Placing Shares") in Trustpilot Group plc ("Trustpilot" or the "Company"), Advent Global Opportunities Master Limited Partnership ("Advent Global Opportunities" or the "Seller"), announces that, subject to completion, it has sold in aggregate 21,593,421 ordinary shares at the price of 214 pence per share, raising aggregate gross proceeds of approximately £46 million.

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").

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 250,000 shares through a separate fund, which if sold in the future will not be through a capital markets event.