Publication of Offering Circular

Vanquis Banking Group PLC announced the publication of an offering circular dated 29 September 2025, pertaining to £60,000,000 10.875 per cent. Fixed Rate Reset Perpetual Subordinated Contingent Convertible Notes. The announcement specifies restrictions on distribution, particularly noting that it is not for distribution in the United States. The securities described in the Offering Circular have not been registered under the U.S. Securities Act of 1933 and are subject to U.S. tax law requirements. The securities may not be offered or sold directly or indirectly within the United States, except under certain exceptions.