CLS Holdings Regulatory News (CLI)

CLS Holdings plc

("CLS" or the "Company")

Scrip Dividend Reference Share Price - 2025 Final Dividend

On 13 March 2026 the Company announced its final results for the year ending 31 December 2025 and that it would be recommending a 2025 final dividend of 2.7 pence per ordinary share of 2.5 pence each (a "Share"), fully paid as a Property Income Distribution (the "2025 Final Dividend").

Conditional upon the requisite resolutions being approved by shareholders at the 2026 Annual General Meeting, an enhanced scrip dividend is being offered to shareholders in respect of the 2025 Final Divided, as an alternative to the receiving the 2025 Final Dividend in cash (the "Enhanced Scrip Dividend Alternative").

If the resolutions required to offer the Enhanced Scrip Dividend Alternative are approved by the requisite majority at the 2026 Annual General Meeting, Shareholders who elect to participate in the Enhanced Scrip Dividend Alternative would receive new Shares with a value calculated on the basis of a discount of 5% to the Scrip Reference Share Price of 48.2 pence per Share.

This Scrip Reference Share Price is calculated as the average of the middle market quotations of a Share, derived from the London Stock Exchange Daily Official List, for the five Business Days starting on the day the Shares are first quoted ex-dividend, being from 9 April 2025 to 15 April 2025 (inclusive).

The deadline for applications for the Enhanced Scrip Dividend Alternative in respect of the 2025 Final Dividend is 5 pm (London time) on 30 April 2026. More details of the Enhanced Scrip Dividend Alternative, including details on how to elect to receive the Enhanced Scrip Dividend Alternative, are available on the Company's website at www.clsholdings.com.

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For further information, please contact:

CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

www.clsholdings.com

David Fuller, Company Secretary

+44 (0)20 7582 7766