Agricultural Supplies Division Disposal Complete

FOR IMMEDIATE RELEASE

26 October 2022

Carr's Group plc

(the "Company")

Completion of disposal of interests in Agricultural Supplies Division

Further to the announcements on 31 August 2022 and 19 September 2022, the Company confirms that the disposal of its interests in the Agricultural Supplies Division has now completed. The initial cash proceeds received were £24.7m following certain working capital adjustments since the announcement on 31 August 2022. The consideration receivable remains subject to any final adjustments once the completion accounts mechanism is finalised.

Capitalised terms in this announcement shall, unless otherwise defined, have the same meanings as set out in the Company's announcement on 31 August 2022.

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