Update on Move to the Main Market

UPDATE ON MOVE TO THE MAIN MARKET

Young's, the premium operator of pubs and bedrooms in London and the South of England, today provides an update on the proposed admission of: (i) its entire issued A ordinary share capital (the "A Ordinary Shares") to the equity shares (commercial companies) category (the "ESCC") of the Official List of the FCA (the "Official List"); (ii) its entire issued non‑voting ordinary share capital (the "Non-Voting Ordinary Shares", together with the A Ordinary Shares, the "Ordinary Shares") to the non‑equity shares and non‑voting equity shares category of the Official List; and (iii) the Ordinary Shares to trading on the main market for listed securities of the London Stock Exchange (the "Main Market") (together "Admission").

Further to its announcement on 22 January 2026, the Company now expects that: (i) Admission will take place at 8.00 a.m. on 28 April 2026; and (ii) the Ordinary Shares will be cancelled from trading on AIM at 8.00 a.m. on 28 April 2026. The last day of trading in the Ordinary Shares on AIM is therefore expected to be 27 April 2026. Admission will be effected through an introduction of the Company's existing Ordinary Shares and the Company is not offering any new Ordinary Shares nor any other securities in connection with the proposed Admission. Accordingly, the Company hereby gives notice of the intended cancellation of trading of its Ordinary Shares on AIM in accordance with Rule 41 of the AIM Rules for Companies. Such cancellation is not subject to shareholder approval.

Admission remains subject to a number of conditions, including: (i) the approval by the FCA of a prospectus and the A Ordinary Shares being admitted by the FCA to the ESCC category of the Official List and the Non‑Voting Ordinary Shares being admitted by the FCA to the non‑equity shares and non‑voting equity shares category of the Official List; and (ii) admission by the London Stock Exchange of the Ordinary Shares to trading on the Main Market.

Shareholders should note that the Ordinary Shares will no longer be traded on AIM with effect from Admission and should take their own financial and taxation advice regarding the consequences of Admission.

Peel Hunt and Stifel are acting as Joint Sponsors exclusively to the Company and no one else in connection with the proposed Admission.

Further announcements will be made in due course.