Business
Holding(s) in Company
Víctor Urrutia Vallejo, through ASÚA INVERSIONES, S.L. and Rentabilidad 2009, SICAV, has increased their holding in Conduit Holdings Limited to 10.0448% of the voting rights, acquiring 16,379,653 shares. This represents a significant increase from their previous notification of 5.054185%. The acquisition occurred on December 8, 2025, and was notified on December 9, 2025. Disclaimer*

About this update from Conduit Holdings Ltd.
TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN BMG243851091 Issuer Name Conduit Holdings Limited UK or Non-UK Issuer Non-UK 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification obligation Name Víctor Urrutia Vallejo City of registered office (if applicable) Madrid Country of registered office (if applicable) SPAIN 4. Details of the shareholder Name City of registered office Country of registered office ASÚA INVERSIONES, S.L. MADRID SPAIN 5. Date on which the threshold was crossed or reached 08-Dec-2025 6. Date on which Issuer notified 09-Dec-2025 7. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer Resulting situation on the date on which threshold was crossed or reached 10.044800 0.000000 10.044800 16379653 Position of previous notification (if applicable) 5.054185 0.000000 5.054185 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached 8A. Voting rights attached to shares Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1) BMG243851091 0 16379653 0.000000 10.044800 Sub Total 8.A 16379653 10.044800% 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) Type of financial instrument Expiration date Exercise/conversion period Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights Sub Total 8.B1 8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b)) Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights Sub Total 8.B2 9. Information in relation to the person subject to the notification obligation 2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary) Ultimate controlling person Name of controlled undertaking % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold VÍCTOR URRUTIA VALLEJO VÍCTOR URRUTIA VALLEJO ASÚA INVERSIONES, S.L. 9.026880 9.026880% VÍCTOR URRUTIA VALLEJO RENTABILIDAD 2009, SICAV 1.017920 1.017920% 10. In case of proxy voting Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional Information Mr. Víctor Urrutia Vallejo is the ultimate controlling natural person of Asúa Invesiones, S.L and Rentabilidad 2009, SICAV (a vehicle controlled by Asúa Inversiones, S.L). 12. Date of Completion 09-Dec-2025 13. Place Of Completion Calle Serrano 43-45, 6º floor, office 26, 28001, Madrid, Spain
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