Update on claim alleged by Chrysalis Investments

About this update from Revolution Beauty Group Plc

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR   For immediate release 2 January 2025 Revolution Beauty Group plc ("Revolution Beauty", the "Group", or the "Company") Update on claim alleged by Chrysalis Investments Limited Revolution Beauty (AIM: REVB), the multi-channel mass beauty brand, announces that it has entered into a confidential settlement with Chrysalis Investments Limited ("Chrysalis"). As previously announced on 2 February and 22 April 2024, the Company had received a pre-action letter and a further letter from Chrysalis' legal advisers, including draft particulars of claim in relation to certain allegations made by Chrysalis, which were strongly contested by the Company. Chrysalis did not subsequently, and has not, filed any claim with the court. Revolution Beauty and Chrysalis have now reached a confidential settlement without any admission of liability by either party. Chrysalis will not proceed with any claim against the Company. The Company has agreed to pay Chrysalis a non-material sum which will not have a material impact on the Company's financial and cash position. For further information   please contact: Investor Relations Lauren Brindley, CEO Neil Catto, CFO [email protected] Panmure Liberum Limited (Nomad and Joint Broker):  Edward Thomas / Dru Danford / John More Tel: +44 (0) 203 100 2222 Zeus (Joint Broker):  Benjamin Robertson / Nick Cowles / Jordan Warburton Tel: +44 (0) 161 831 1512 Media enquiries Headland Consultancy:  Antonia Pollock Tel: +44 (0)7789 954 356 [email protected]

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