No Impact from the Autumn Budget

RNS

27 November 2025

EARNZ plc
("EARNZ", the "Company" or the "Group")

No Impact from the Autumn Budget

EARNZ (AIM:EARN), the energy services company whose objective is to capitalise on the drive for global decarbonisation, notes the UK Chancellor's Autumn Budget presented to Parliament on 26 November 2025.

The Company acknowledges the announcement within the Chancellors Budget regarding the termination of the Energy Company Obligation (ECO) scheme. EARNZ notes that the ECO scheme was originally scheduled to conclude in March 2026.

The EARNZ Group's current business activities and future growth strategy are not reliant on this programme, with ECO scheme revenue representing less than 1% of annual turnover. As a result, the decision to end the scheme is not expected to have an impact on the Company's activities or outlook.

Peter Smith, Chief Executive Officer for EARNZ said: "EARNZ continues to monitor developments closely and looks forward to the publication of the Government's anticipated Warm Homes Plan, which is expected to provide further clarity on future energy efficiency initiatives. The Company will continue to engage with Government and remains committed to working collaboratively to provide services that deliver better housing stock and homes for the communities in which we operate."