2026 SSNs vote in favour of extending maturity

Victoria Plc confirms success of its recently announced exchange transaction following receipt of the support of 97.3% of 2026 SSNs, extending their maturity to 2029

Victoria PLC, (LSE: VCP) the international designer, manufacturer, and distributor of innovative flooring, is pleased to announce that 97.3% of its outstanding 2026 senior secured notes have voted in favour of extending maturity until August 2029 on attractive terms. This transaction follows the recent successful refinancing announcement of its Super Senior Revolving Credit Facility (collectively the "Refinancing").

Formal completion will take place upon expiry of the mandatory 20 US business day offer period later this month.

The Refinancing is an important milestone for the Company and all its stakeholders. It:

• Provides additional liquidity, which will increase operational flexibility to accelerate self-help cost savings
• Removes all significant short-term maturities to provide a significantly extended maturity profile
• Maximises near-term cash flow to invest in growth and margin improvement initiatives
• Delivers a strong, long-term solution to the Company's capital structure, providing confidence for all partners and external stakeholders
• Does not dilute equity holders

Alec Pratt, CFO, commented:

"The strong support received from our 2026 SSN noteholders demonstrates confidence in Victoria's credit and outlook. By delivering a comprehensive refinancing of our short-term maturities we have provided certainty for all of our stakeholders and established firm foundations from which to continue executing our cost-saving and strategic growth plans."

The person responsible for arranging the release of this announcement

on behalf of the Company is Alec Pratt, Chief Financial Officer