Satisfaction of Reg Conditions, Special Dividend

About this update from International Personal Finance Plc

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION FOR IMMEDIATE RELEASE   3 July 2026 FINAL* RECOMMENDED CASH ACQUISITION of INTERNATIONAL PERSONAL FINANCE PLC ("IPF") by IPF PARENT HOLDINGS LIMITED ("Bidco") (to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006)   Satisfaction of Regulatory Conditions, Declaration of Special Dividend and Updated Timetable On 24 December 2025, the Boards of IPF and Bidco announced that they had reached agreement on the terms and conditions of a recommended offer by Bidco to acquire the entire issued and to be issued ordinary share capital of IPF (the "Acquisition"). The Acquisition is intended to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme"). A circular in relation to the Acquisition was published by IPF on 15 January 2026 (the "Scheme Document"). Capitalised terms in this announcement, unless otherwise defined, have the same meanings as set out in the Scheme Document. On 25 February 2026, Bidco and IPF, following engagement with IPF Shareholders, announced that they had reached agreement on the terms of a *final and revised offer (the "Final and Revised Offer") for the Acquisition to increase the cash value to be received by IPF Shareholders. Under the terms of the Final and Revised Offer, in addition to the Cash Consideration already proposed in the Scheme Document (being 235 pence in cash per IPF Share) and the entitlement of eligible IPF Shareholders, as set out in the Scheme Document, to retain the final dividend declared by IPF on 25 February 2026 in respect of its financial year ended 31 December 2025, each IPF Shareholder on IPF's register of members at the Scheme Record Time shall, subject to the approval of the IPF Board and to the Acquisition being sanctioned by the Court, also be entitled to receive a special dividend of 15 pence per IPF Share (the "Special Dividend"). * Bidco announced that the Final and Revised Offer represents its final offer and will not be increased, except that it reserves the right to revise the financial terms of the Acquisition if: (i) there is an  announcement of a possi...

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