NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

17 September 2025

Amigo Holdings PLC

("Amigo" "PLC" or the "Company")

Update

Amigo Holdings PLC announces that, in accordance with the terms of the group's Scheme of Arrangement, PwC, as Scheme Supervisor, has now passed a resolution that the Scheme has been completed on its terms.

Accordingly, the Board intends to appoint practitioners from Grant Thornton as liquidators of Amigo's operating subsidiaries and intermediate holding companies (the "Companies") later this month, including Amigo Loans Ltd and ALL Scheme Limited (which was the scheme company). The liquidators will then complete the solvent liquidation of the Companies.

At the time of the appointment of the liquidators, the Board expects that there will be a residual pool of funds, which is too small to pay to Scheme creditors, as the cost of making those payments is in excess of the funds available for distribution. Accordingly, these funds will be paid to Amigo and will provide working capital for the continued solvency of Amigo and to support the ongoing search for a suitable reverse takeover target. The amount of the funds to be paid to Amigo has yet to be finalised, and a further announcement will be made in due course.

On appointment of the liquidators to the Companies, Amigo will cease to have any further operating activities or operations and will therefore be a cash shell and with no further liability under the Scheme. Amigo will provide further clarification in due course on the Company's listing classification under the UK Listing Rules in line with UKLR 13.2.3G.

Nick Beal CEO of Amigo said

"While this marks the end of the historic Amigo businesses, which provided credit to thousands of families that were unable to obtain credit from high street lenders, the completion of the Scheme enables the Company to draw a line under the past.

"We remain hopeful that we can find a future for Amigo Holdings PLC, so that it can support the needs of a different business. Therefore, we are pleased that we will be able to continue (and hopefully successfully conclude) our discussion with reverse takeover targets for a few more months."

This announcement contains inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). The person responsible for this announcement is Nicholas Beal, Company Secretary.

About Amigo Holdings PLC

Amigo is a public limited company registered in England and Wales with registered number 10024479. The Amigo Shares are listed on the Official List of the London Stock Exchange. On 23 March 2023 Amigo announced that it has ceased offering new loans, with immediate effect, and started the orderly solvent wind-down of the business. Amigo provided guarantor loans in the UK from 2005 to 2020 and unsecured loans under the RewardRate brand from October 2022, offering access to mid‐cost credit to those who are unable to borrow from traditional lenders due to their credit histories. Amigo's back book of loans has been run off with all net proceeds paid to creditors under a Court approved Scheme of Arrangement.

-ENDS-