Howden Joinery Regulatory News (HWDN)

3 June 2026

HOWDEN JOINERY GROUP PLC

("Howdens" or the "Company")

£100 million share buy-back programme

Further to the announcement of Howdens' intention to repurchase up to £100 million of its shares during 2026 (the "Programme") in its 2025 Full Year Results, the Company announces that it has instructed its joint-broker, Deutsche Bank AG, acting through its London branch ("Deutsche Bank"), to execute the first part of the Programme to repurchase up to £50 million of its shares commencing on or after 3 June 2026 and ending no later than 31 December 2026. Under this arrangement, Deutsche Bank, an independent third party, will act as principal and will make decisions under the Programme independently from the Company during any closed periods.

The Company's shareholders authorised the Company to repurchase up to a maximum of 53,903,751 of its ordinary shares at the Annual General Meeting held on 7 May 2026. The aggregate number of shares acquired by the Company pursuant to the Programme shall not exceed the maximum number of shares which the Company is authorised to purchase pursuant to such general authorities as at the time of purchase. The sole purpose of the Programme is to reduce the Company's share capital. Shares repurchased under the Programme will be cancelled or transferred into treasury. Any shares held in treasury have no voting or dividend rights and are used to meet future obligations arising from Company employee share option programmes.

The Programme is in line with the Company's stated capital allocation policy, which prioritises our strategy of continuing to invest in depots, manufacturing and logistics capabilities and related strategic investments, while delivering a progressive dividend. Any repurchases of shares under the Programme will be carried out on the London Stock Exchange and in accordance with (and subject to the limits prescribed by) the Company's general authority to repurchase shares granted by its shareholders (at the applicable time), the Market Abuse Regulation 596/2014 (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018) and Chapter 9 of the Financial Conduct Authority's UK Listing Rules.

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