Statement re Exercise of settlement option

CapitaAnnouncement

Yesterday 07:00

15 December 2025

Exercise of settlement option

Capita plc (‘Capita’)

Further to the announcement on 12 December 2025 regarding the transition
agreement for the remaining two closed book Life & Pensions contracts, with
its last client, Royal London’s legacy business, Capita confirms that the
settlement option pursuant to that agreement has been exercised.

Under the terms of the settlement option, The Royal London Mutual Insurance
Company Limited will receive 5,670,909 ordinary shares, representing
approximately 4.96% of the Group’s issued share capital, in settlement of
Capita's obligation to make an initial payment of approximately £22.47m. As
noted in the announcement on 12 December, the newly issued shares will be
subject to customary lock-up arrangements during the migration period, which
is expected to be five years.

An application is being made to the Financial Conduct Authority and the London
Stock Exchange for a total of 5,670,909 ordinary shares of 31 pence each to be
admitted to the Official List and for trading on the Main Market for listed
securities. Admission is expected to occur on or around 18 December 2025. When
issued, the shares will rank pari passu with Capita’s existing ordinary
shares.

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 ("UK MAR"). Upon
publication via a Regulatory Information Service, this inside information is
now considered to be in the public domain.

For more information, please contact:

Investor enquiries
Helen Parris, Director of Investor Relations
Tel: 07720 169 269
Email: IRteam@capita.co.uk

Stephanie Little, Head of Investor Relations
Tel: 07541 622 838
Email: IRteam@capita.co.uk

Media enquiries
Capita external communications
Tel: 0207 654 2399
Email: media@capita.co.uk

About Capita plc

Capita is a modern outsourcer, helping clients across the public and private
sectors run complex business processes more efficiently, creating better
consumer experiences. Operating across eight countries, Capita’s 34,000
colleagues support primarily UK and European clients with people-based
services underpinned by market-leading technology. We play an integral role in
society - our work matters to the lives of the millions of people who rely on
us every day.

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 ("UK MAR"). Upon
publication via a Regulatory Information Service, this inside information is
now considered to be in the public domain