Business
Publication of a Prospectus
Tesco PLC, through its corporate treasury entities, has published a base prospectus dated 3 July 2026, approved by the Financial Conduct Authority, detailing an update to its £15,000,000,000 Euro Medium Term Note Programme. This programme is unconditionally and irrevocably guaranteed by Tesco PLC for notes issued by its treasury subsidiaries. The prospectus incorporates by reference specific sections from the 2025 and 2026 annual reports of Tesco PLC and its treasury subsidiaries, which are available for viewing via provided URLs and the National Storage Mechanism. Disclaimer*

About this update from Tesco Plc
Tesco PLC Tesco Corporate Treasury Services PLC Tesco Corporate Treasury Services Europe DAC 3 July 2026 TESCO PLC TESCO CORPORATE TREASURY SERVICES PLC TESCO CORPORATE TREASURY SERVICES EUROPE DAC PUBLICATION OF BASE PROSPECTUS The following base prospectus has been approved by the Financial Conduct Authority and is available for viewing: Offering Circular dated 3 July 2026 relating to the update of the Tesco PLC, Tesco Corporate Treasury Services PLC and Tesco Corporate Treasury Services Europe DAC £15,000,000,000 Euro Medium Term Note ("EMTN") Programme unconditionally and irrevocably guaranteed in the case of Notes issued by each of Tesco Corporate Treasury Services PLC and Tesco Corporate Treasury Services Europe DAC by Tesco PLC. To view the full document, please paste the following URL into the address bar of your browser: http://www.rns-pdf.londonstockexchange.com/rns/0404L_1-2026-7-3.pdf Certain pages of the following documents are incorporated by reference into the Offering Circular: Pages 124 to 211, and 228 to 235 of the Tesco PLC Annual Report and Financial Statements 2025 https://www.tescoplc.com/media/ky0bfwpo/tesco_ar25_interactive.pdf Pages 110 to 199, and 216 to 223 of the Tesco PLC Annual Report and Financial Statements 2026 https://www.tescoplc.com/media/gmylxjfw/tesco_ar26_interactive.pdf Pages 10 to 47 of the Tesco Corporate Treasury Services PLC Annual Report and Financial Statements 2025 https://www.tescoplc.com/media/norpawpj/tesco-corporate-treasury-services-plc-2025-final-signed.pdf Pages 11 to 48 of the Tesco Corporate Treasury Services PLC Annual Report and Financial Statements 2026 https://www.tescoplc.com/media/351nkwnq/tesco-corporate-treasury-services-plc-signed-with-report-fy26.pdf Pages 7 to 15 of the Tesco Corporate Treasury Services Europe DAC Annual Report and Financial Statements 2025 https://www.tescoplc.com/media/harfusfv/tesco-corporate-treasury-services-europe-dac-fy25-signed-opinion.pdf Pages 7 to 15 of the Tesco Corporate Treasury Services Europe DAC Annual Report and Financial Statements 2026 https://www.tescoplc.com/media/wyuphozl/tesco-corporate-treasury-services-europe-dac-fs-signed-with-report-2026.pdf Copies of the Offering Circular will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. This website...