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REG-Director/PDMR Shareholding

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ICG plc (the “Company”)

22 May 2026

Notification of Transactions by Directors

Grant of Share Awards

The Company announces that on 21 May 2026, PLC Equity Awards under the Omnibus
Plan 2020 were granted to the Directors named below over the following number
of ordinary shares in the Company.

Vesting Period: Awards vest in three equal tranches in June 2029, 2030 and
2031 respectively.

Total Number of Shares over which PLC Equity Awards granted:

 Benoît Durteste:    249,287  
 David Bicarregui:   90,886   
 Antje Hensel-Roth:  65,528   



The notifications set out in this announcement are disclosed in accordance
with the requirements of the UK Market Abuse Regulation.

 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                 
 a)  Name                                                                              Benoît Durteste                                                                                                                       
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   Chief Executive Officer and Chief Investment Officer                                                                                  
 b)  Initial notification/Amendment                                                    Initial notification                                                                                                                  
 3   Details of the issuer, UK emission allowance market participant, auction platform or auctioneer                                                                                                                         
 a)  Name                                                                              ICG PLC                                                                                                                               
 b)  LEI                                                                               549300OGASR5WRKJ8R68                                                                                                                  
 4   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted                       
 a)  Description of the financial instrument, type of instrument  Identification code  Ordinary shares of 26¼ pence    GB00BYT1DJ19                                                                                          
 b)  Nature of the transaction                                                         Grant of PLC Equity Awards under the Omnibus Plan 2020                                                                                
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     Nil                                                                                                                                                  249,287                                                            
 d)  Aggregated information  - Aggregated volume   - Price                             249,287  Nil                                                                                                                          
 e)  Date of the transaction                                                           2026-05-21                                                                                                                            
 f)  Place of the transaction                                                          Outside of a trading venue                                                                                                            



 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                 
 a)  Name                                                                              David Bicarregui                                                                                                                      
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   Chief Financial Officer                                                                                                               
 b)  Initial notification/Amendment                                                    Initial notification                                                                                                                  
 3   Details of the issuer, UK emission allowance market participant, auction platform or auctioneer                                                                                                                         
 a)  Name                                                                              ICG plc                                                                                                                               
 b)  LEI                                                                               549300OGASR5WRKJ8R68                                                                                                                  
 4   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted                       
 a)  Description of the financial instrument, type of instrument  Identification code  Ordinary shares of 26¼ pence    GB00BYT1DJ19                                                                                          
 b)  Nature of the transaction                                                         Grant of PLC Equity Awards under the Omnibus Plan 2020                                                                                
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     Nil                                                                                                                                                  90,886                                                             
 d)  Aggregated information  - Aggregated volume   - Price                             90,886  Nil                                                                                                                           
 e)  Date of the transaction                                                           2026-05-21                                                                                                                            
 f)  Place of the transaction                                                          Outside of a trading venue                                                                                                            



 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                 
 a)  Name                                                                              Antje Hensel-Roth                                                                                                                     
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   Chief People and External Affairs Officer                                                                                             
 b)  Initial notification/Amendment                                                    Initial notification                                                                                                                  
 3   Details of the issuer, UK emission allowance market participant, auction platform or auctioneer                                                                                                                         
 a)  Name                                                                              ICG plc                                                                                                                               
 b)  LEI                                                                               549300OGASR5WRKJ8R68                                                                                                                  
 4   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted                       
 a)  Description of the financial instrument, type of instrument  Identification code  Ordinary shares of 26¼ pence    GB00BYT1DJ19                                                                                          
 b)  Nature of the transaction                                                         Grant of PLC Equity Awards under the Omnibus Plan 2020                                                                                
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     Nil                                                                                                                                                  65,528                                                             
 d)  Aggregated information  - Aggregated volume   - Price                             65,528  Nil                                                                                                                           
 e)  Date of the transaction                                                           2026-05-21                                                                                                                            
 f)  Place of the transaction                                                          Outside of a trading venue                                                                                                            

Contacts

Chris Hunt
Investor Relations, ICG plc
+44 (0) 20 3545 2020

Fiona Laffan
Corporate Affairs, ICG PLC
+44 (0) 20 3545 1510

Andrew Lewis
Company Secretary, ICG plc
+44 (0) 20 3545 1344

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