Next PlcLSE: NXT

Director/PDMR Shareholding

· Investegate

2 October 2026

NEXT plc ("the Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with Them (PCA)

The following notifications are made under article 19 of the UK Market Abuse Regulation and relate to the conditional awards granted to executive directors and a PCA on 1 October 2026 under the Company's Long Term Incentive Plan (the "LTIP") and a vested award under the September 2023-26 LTIP:

1

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

1.   Lord Wolfson of Aspley Guise

2.   Jonathan Blanchard

3.   Richard Papp

4.   Jeremy Stakol

5.   Marcelle Stakol

2

Reason for the notification

a)

Position/status

1.   Chief Executive (PDMR)

2.   Chief Financial Officer (PDMR)

3.   Group Merchandise and Operations Director (PDMR)

4.   Group Investments, Acquisitions and Third Party Brands Director (PDMR)

5.   Brand Director (PCA with Jeremy Stakol)

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

NEXT plc

b)

LEI

213800WQD8ECPZP9PH98

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.10 each

Identification code

GB0032089863

b)

Nature of the transaction

Conditional award of shares granted under the LTIP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Lord Wolfson of Aspley Guise

Nil

14,291

Jonathan Blanchard

Nil

7,944

Richard Papp

Nil

7,944

Jeremy Stakol

Nil

7,395

Marcelle Stakol

Nil

1,239

d)

Aggregated information

- Aggregated volume

N/A single transactions

- Price

e)

Date of the transaction

1 October 2026

f)

Place of the transaction

Outside a trading venue

Following the PCA's vesting of a share award under the September 2023-2026 LTIP, which was announced on 22 September 2026, the vested shares were transferred to joint ownership with a PDMR, as set out below.

1

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

Marcelle Stakol

2

Reason for the notification

a)

Position/status

Brand Director (PCA with Jeremy Stakol)

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

NEXT plc

b)

LEI

213800WQD8ECPZP9PH98

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.10 each

Identification code

GB0032089863

b)

Nature of the transaction

Transfer of ordinary shares acquired following LTIP vest on 22 September 2026 to joint ownership with spouse (PDMR)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

1,261

d)

Aggregated information

- Aggregated volume

N/A single transaction

- Price

e)

Date of the transaction

29 September 2026

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

Jeremy Stakol

2

Reason for the notification

a)

Position/status

Group Investments, Acquisitions and Third Party Brands Director (PDMR)

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

NEXT plc

b)

LEI

213800WQD8ECPZP9PH98

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.10 each

Identification code

GB0032089863

b)

Nature of the transaction

Acquisition of ordinary shares in joint ownership with spouse (PCA)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

1,261

d)

Aggregated information

- Aggregated volume

N/A single transaction

- Price

e)

Date of the transaction

29 September 2026

f)

Place of the transaction

Outside a trading venue

H Woodall-Pagan

Company Secretary

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