Genuit Group plc (the "Company')

Notification of Transactions by Persons Discharging Managerial Responsibilities

The Company confirms that on 21 April 2023, in accordance with its shareholder approved Remuneration Policy, it granted to each of the following Directors/Persons Discharging Managerial Responsibility ("PDMRs") an award (structured as a nil cost option) under the Genuit Group plc 2014 Long Term Incentive Plan (the "LTIP"). In addition, the Company made an award, subject to the same performance conditions as set out below, under the LTIP, to 27 members of the Senior Management Team. The awards, which have been granted in respect of the financial year beginning on 1 January 2023, are over the following maximum number of Ordinary Shares of £0.001 each in the Company ("Shares") in the Company:

The vesting of each award is subject to the satisfaction of the following performance conditions:

1.   25% of the maximum potential award is based on a Total Shareholder Return performance condition, with 25% of the TSR element vesting for achieving median and 100% vesting for achieving upper quartile performance relative to the Total Shareholder Return of the companies in a comparator group (consisting of companies in the FTSE 250 Index that are classified as Industrials by the Industry Classification Benchmark);

2.   25% of the maximum potential award is based on sustainability targets set to align with the Company's sustainability strategy. The targets are as follows:

a.   Carbon reduction target - 8.33% of the total award is based on emissions intensity that is defined as Scopes 1 and 2 tonnes of CO2e per tonne of output with 25% of the carbon reduction target vesting for achieving an emissions intensity of 0.093 and 100% vesting for achieving an emissions intensity of 0.086 as measured in FY 2025;

b.   Use of recycled plastics - 8.33% of the total award is based on the proportion of our products that are manufactured from recycled products, with 25% of the use of recycled plastics target vesting for achieving 57.4% and 100% vesting when reaching 62.0% as measured in FY 2025; and

c.   The 5% Club - this target is based on the Group's commitment to creating a sustainable business culture with 25% of the 5% Club target vesting when progress towards the 5% Club reaches 4.6% and 100% vesting when 5% is reached as measured in FY 2025.

3.   50% of the maximum potential award is based on an Underlying Diluted Earnings per Share ("EPS") performance condition based on FY 2025 EPS with 25% of the EPS target vesting for achieving an EPS of 30.1p and 100% vesting for an EPS of 35.6p.

The performance conditions are all measured over the three-year period commencing on 1 January 2023, using measures and baselines as described above. The Committee also retains discretion to reduce vesting if it considers that the level of vesting is not consistent with the Company's overall performance over the three-year period.

Subject to the satisfaction of the performance conditions, the awards will normally vest on 21 April 2026 and remain exercisable until the tenth anniversary of the grant date.

The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated.