Holding(s) in Company
TR-1: Standard form for notification of major holdings
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:
TEAM plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
X
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name
Tetragon Partners UK LLP
City and country of registered office (if applicable)
London, United Kingdom
4. Full name of shareholder(s) (if different from 3.) v
Name
Aurora Nominees Limited
City and country of registered office (if applicable)
London, UK
5. Date on which the threshold was crossed or reached vi:
28.07.26
6. Date on which issuer notified (DD/MM/YYYY):
10.08.26
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)
% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached
12.48422%
2.354743%
14.83896%
18,336,014
Position of previous notification (if
applicable)
13.42169%
2.531567%
15.95326%
18,336,014
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of
sharesISIN code (if possible)
Number of voting rights ix
% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
JE00BM90BX45
15,426,336
12.48422%
SUBTOTAL 8. A
15,426,336
12.48422%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument
Expiration
date xExercise/
Conversion Period xiNumber of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument
Expiration
date xExercise/
Conversion Period xiPhysical or cash
Settlement xii
Number of voting rights
% of voting rights
Contracts for differences relating to ordinary shares (JE00BM90BX45)
N/A
N/A
Cash
2,909,678
2.354743%
SUBTOTAL 8.B.2
2,909,678
2.354743%
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xivX
Name xv
Name of Controlled Undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Reade Eugene Griffith
Tetragon Partners UK LLP
12.48422%
2.354743%
14.83896%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
Reade Eugene Griffith is the ultimate controlling natural person of Tetragon Partners UK LLP, an investment manager which has investment discretion over certain funds and managed accounts.
Place of completion
London, UK
Date of completion
10 August 2026
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