Company Announcements

21 May 2024

Portmeirion Group PLC

("Portmeirion Group" or the "Company")

Withdrawal of Annual General Meeting Resolutions 14 and 15

The Board of Portmeirion Group today announces that it has decided to withdraw Resolutions 14 and 15 from the agenda of the Annual General Meeting ("AGM") of the Company's shareholders to be held at 12.00 noon on 21 May 2024.

Resolution 14 proposed the authority to allot shares subject to certain limits in compliance with the share capital management guidelines published by The Investment Association.  Resolution 15 was a special resolution, which proposed the partial disapplication of pre-emption rights in order for the Board to allot equity securities and to sell treasury shares of up to 10% of the Company's current share capital for cash. Whilst these are resolutions that have been proposed successfully for a number of years, the decision has been taken to withdraw the resolutions following indications from a small number of significant shareholders in the Company that they do not support the resolutions.

The withdrawal of Resolutions 14 and 15 does not affect the validity of the remainder of the resolutions to be proposed at the AGM, or that of proxy votes already submitted in respect of the remaining resolutions to be put to shareholders for approval at the meeting. The numbering of all other proposed resolutions at the AGM remains unchanged.

Arrangements for the AGM are unchanged from those previously notified.

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