Hollywood Bowl Group plc

("Hollywood Bowl", the "Company" or the "Group")

Share Buyback Programme

At Hollywood Bowl's AGM held on 30 January 2025, the Company was generally and unconditionally authorised by its shareholders to make market purchases (within the meaning of section 693 of the Companies Act 2006) of up to a maximum of 17,208,385 of its ordinary shares.

Hollywood Bowl announces today that it has entered into non-discretionary agreements with Investec and Berenberg to purchase, in aggregate, up to £10 million (excluding any associated costs and stamp duty) of the Company's Ordinary Shares of 1 pence each (the "Shares") and to make trading decisions under the Share Buyback independently of the Company in accordance with certain pre-set parameters. The Share Buyback Programme will commence today and end no later than 29 January 2026.

The Share Buyback Programme reflects the Group's highly cash generative business model and strong balance sheet. In line with Group's capital allocation policy the Board believe that a share buyback is an attractive way in which to return excess capital to shareholders while also continuing to invest in growing the business. It follows on from the previous Share Buyback announced in February 2024.

The purpose of the Share Buyback Programme is to reduce the share capital of the Company. As such, the Company will cancel any Shares purchased.

This arrangement is in accordance with Chapter 9 of the UK Listing Rules and the Group's general authority to repurchase ordinary shares. The Share Buyback Programme will be conducted within the parameters prescribed by the Market Abuse Regulation 596/2014, the Commission Delegated Regulation (EU) 2016/1052 (both as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018 and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019) and with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures.. During any closed periods the Company and its directors have no power to invoke any changes to the programme and it will be executed at the sole discretion of Investec and Berenberg, as appropriate.