Grant of LTIP

About this update from Raspberry Pi Holdings Plc

16 May 2025   Raspberry Pi Holdings plc   ("the Company" or "Raspberry Pi")   Grant of LTIP   Raspberry Pi (LSE: RPI), a leader in high-performance, low-cost computing, announces the grant of awards to PDMRs under the Company's Long-Term Incentive Plan (the " LTIP ") as detailed below.   Awards over a total of 624,488 ordinary shares in the company have been granted to PDMRs as set out below. These are in the form of options over shares with a nominal value exercise price of £0.0025 per share (the " LTIP Awards ").   The vesting of the LTIP Awards is subject to continued employment and the satisfaction of performance conditions assessed over the three financial years ending 31 December 2027, as set out in the Directors' Remuneration Report for the year ended 31 December 2024.   The LTIP Awards are expected to vest on 14 May 2028. The LTIP Awards granted to Eben Upton (CEO) and Richard Boult (CFO) are subject to a two year holding period after vesting, following the expiration of which they may be exercised. The LTIP Awards granted to other participants may be exercised from the point of vesting.   As disclosed in our Annual Report, share awards to the CEO (Eben Upton) and the other members of senior management are significantly within our dilution limits headroom. For the executive directors they are also in line with our proposed remuneration policy. Awards have been calculated using a five dealing day average share price of £4.90 and have a value of £918k and £714k for the CEO and other members of senior management respectively.   PDMR Number of ordinary shares subject to L TIP Award Eben Upton - Chief Executive Officer 187,346 Richard Boult - Chief Financial Officer 145,714 Carol Copland - General Counsel and Company Secretary 145,714 Mike Buffham - Chief Commercial Officer 145,714   Announcement authorised for release by Carol Copland, Company Secretary.   1   Details of the person discharging managerial responsibilities / person closely associated a)   Name Eben Upton 2   Reason for the notification a)   Position/status Chief Executive Officer b)   Initial notification /Amendment   Initial notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a)   Name   Raspberry Pi Holdings plc b)   LEI   984500F5FB0E4FEBED17 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   Identification code Ordinary shares of £0.0025 each     ISIN:  GB00BS3DYQ52   b)   Nature of the transaction   Grant of LTIP award     c)   Price(s) and volume(s)     Price(s) Volume(s) Nil 187,346 d)   Aggregated information   - Aggregated volume     - Price     N/A   e)   Date of the transaction   14 May 2025 f)   Place of the transaction Outside a trading venue   1   Details of the person discharging managerial responsibilities / person closely associated   a)   Name   Richard Boult 2   Reason for the notification   a)   Position/status Chief Financial Officer b)   Initial notification /Amendment   Initial notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a)   Name   Raspberry Pi Holdings plc b)   LEI   984500F5FB0E4FEBED17 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   Identification code Ordinary shares of £0.0025 ea ch     ISIN: GB00BS3DYQ52   b)   Nature of the transaction   Grant of LTIP award     c)     Price(s) and volume(s)     Price(s) Volume(s) Nil 145,714 d)   Aggregated information   - Aggregated volume     - Price     N/A   e)   Date of the transaction   14 May 2025 f)   Place of the transaction   Outside a trading venue   1   Details of the person discharging managerial responsibilities / person closely associated   a)   Name   Carol Copland 2   Reason for the notification   a)   Position/status General Counsel and Company Secretary b)   Initial notification /Amendment   Initial notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a)   Name   Raspberry Pi Holdings plc b)   LEI   984500F5FB0E4FEBED17 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   Identification code Ordinary shares of £0.0025 each     ISIN: GB00BS3DYQ52   b)   Nature of the transaction   Grant of LTIP award     c)     Price(s) and volume(s)     Price(s) Volume(s) Nil   145,714 d)   Aggregated information   - Aggregated volume     - Price     N/A   e)   Date of the transaction   14 May 2025 f)   Place of the transaction   Outside a trading venue   1   Details of the person discharging managerial responsibilities / person closely associated   a)   Name   Mike Buffham 2   Reason for the notification   a)   Position/status Chief Commercial Officer b)   Initial notification /Amendment   Initial notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a)   Name   Raspberry Pi Holdings plc b)   LEI   984500F5FB0E4FEBED17 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   Identification code Ordinary shares of £0.0025 each     ISIN: GB00BS3DYQ52   b)   Nature of the transaction   Grant of LTIP award     c)     Price(s) and volume(s)     Price(s) Volume(s) Nil 145,714   d)   Aggregated information   - Aggregated volume     - Price     N/A   e)   Date of the transaction   14 May 2025 f)   Place of the transaction   Outside a trading venue   - ENDS -     For more information, please contact:     Raspberry Pi Holdings plc Eben Upton, CEO, Richard Boult, CFO Alma Strategic Communications Andy Bryant - IR     [email protected] Alma Strategic Communications T: +44 (0)203 405 0205 Josh Royston, Caroline Forde, Hannah Campbell [email protected]   Notes to Editor Headquartered in Cambridge, UK, Raspberry Pi's mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of enthusiasts and engineers all over the world. Raspberry Pi is a full-stack engineering organisation, with research and development capabilities spanning the entire value chain, from semiconductor IP development, through semiconductor and electronic product design to software engineering and regulatory compliance. The high performance, low cost, and physical robustness of Raspberry Pi products make them suitable for a wide range of applications, across three distinct markets: Industrial and Embedded, Enthusiast and Education and Semiconductors. To date, over 60 million units have been sold.  

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