Aston Martin Lagonda Regulatory News (AML)

NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.

31 March 2025

Aston Martin Lagonda Global Holdings plc

("Aston Martin", or the "Company", or the "Group")

Statement regarding Media Comments

Aston Martin and Lawrence Stroll note the press reports of comments made by Lawrence Stroll in an interview regarding the proposed investment by the Yew Tree Consortium in the Company which was announced this morning.

Lawrence Stroll clarifies that these comments were not intended to be a statement to which either Rule 2.4 or Rule 2.8 of the City Code on Takeovers and Mergers ("Code") applies, nor intended to carry any other consequences under the Code.

The Takeover Panel Executive has confirmed that the comments made will not be treated as either a possible offer announcement under Rule 2.4 of the Code or a statement of intention not to make an offer for the purposes of Rule 2.8 of the Code.

As announced earlier today, in relation to the proposed investment by the Yew Tree Consortium, the Company proposes to (i) seek a waiver from the Panel on Takeovers and Mergers (the "Panel") (the "Waiver"); and (ii) obtain the approval of the Waiver by way of a majority resolution (the "Resolution") of the independent shareholders of the Company (being all shareholders of the Company other than those shareholders who are members of the Yew Tree Consortium) (the "Independent Shareholders") at a general meeting of the Company (the "General Meeting"). The Waiver and the Resolution will be sought in relation to a potential increase in the Yew Tree Consortium's shareholding to up to 35% of the issued share capital of the Company.

To convene the General Meeting to propose the Resolution, the Company intends to publish a Panel-approved circular to its shareholders (the "Circular") in due course. Such a Circular will contain a notice of General Meeting at which the Company will seek approval of the Resolution from the Independent Shareholders.

The person responsible for releasing this announcement on behalf of the Company is Liz Miles, Company Secretary.

Investors and Analysts

James Arnold Head of Investor Relations +44 (0)7385 222347

james.arnold@astonmartin.com

Ella South Investor Relations Analyst +44 (0)7776 545420

ella.south@astonmartin.com 

Media

Kevin Watters Director of Communications +44 (0)7764 386683

kevin.watters@astonmartin.com

FGS Global

James Leviton and Jenny Bahr +44 (0)20 7251 3801

About Aston Martin Lagonda:

Aston Martin's vision is to be the world's most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars.

Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including Vantage, DB12, Vanquish, DBX707 and its first hypercar, the Aston Martin Valkyrie. Aligned with its Racing. Green. sustainability strategy, Aston Martin is developing alternatives to the Internal Combustion Engine with a blended drivetrain approach between 2025 and 2030, including PHEV and BEV, with a clear plan to have a line-up of electrified sports cars and SUVs.

Based in Gaydon, England, Aston Martin Lagonda designs, creates, and exports cars which are sold in more than 50 countries around the world. Its sports cars are manufactured in Gaydon with its luxury DBX707 SUV range proudly manufactured in St Athan, Wales.

Lagonda was founded in 1899 and came together with Aston Martin in 1947 when both were purchased by the late Sir David Brown, and the company is now listed on the London Stock Exchange as Aston Martin Lagonda Global Holdings plc.

For more information, visit the website: https://www.astonmartin.com/corporate