Paragon Banking Group PLC:

Transaction in own shares

16 January 2025

Paragon Banking Group PLC (the "Company") announces that it has purchased the following number of its ordinary shares of £1.00 each on the London Stock Exchange through Peel Hunt LLP ("Peel Hunt"), as part of the share buyback programme, of up to £50m, announced on 3 December 2024.

Following the purchase of these shares, the Company holds 5,819,204 of its ordinary shares in treasury and has 204,785,756 ordinary shares in issue (excluding treasury shares).  The figure of 204,785,756 ordinary shares represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018) the schedule below contains detailed information about the purchases made by Peel Hunt on behalf of the Company as part of the buyback programme.

Schedule of Purchases - Individual Transactions