Tesco PlcLSE: TSCO

Tesco PLC partnership & sale of banking business

· Issued by Tesco PLC

1 November 2024

Tesco CORPORATE TREASURY SERVICES PLC

Tesco CORPORATE TREASURY SERVICES EUROPE DAC

TESCO COMPLETES SALE OF BANKING OPERATIONS TO BARCLAYS AND COMMENCES LONG-TERM STRATEGIC PARTNERSHIP

Tesco Corporate Treasury Services PLC (TCTS) and Tesco Corporate Treasury Services Europe DAC (TCTSE) hereby note the announcement made by their ultimate parent company, Tesco PLC, in respect of its completion of the sale of its banking operations and commencement of its long-term strategic partnership with Barclays  (the Announcement).

TCTS and TCTSE have made this announcement to ensure that holders of the listed securities are fully appraised of Tesco PLC's Announcement.

A copy of the Announcement is available at:

https://www.londonstockexchange.com/news-article/TSCO/strategic-partnership-sale-of-banking-business/16744048

To view the Announcement in full, please paste the above URL into the address of your browser.

For enquiries, please contact:

Robert Welch, Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 07793 222569

Tesco Corporate Treasury Services PLC LEI Number: 21380018AJDKNF3A6712

Tesco Corporate Treasury Services Europe DAC LEI Number: 213800ESTST91B3U3P50