Mears Regulatory News (MER)

17 June 2021

Mears Group PLC

("Mears" or "the Group" or "the Company")

Annual General Meeting 2021 ("AGM")

Following the UK government announcement on 14 June that lockdown measures will not be withdrawn by the time of the AGM, the Company confirms that it intends to hold its 2021 AGM with only the minimum number of shareholders present as required to form a quorum under the Company's Articles of Association, and who (being officers or employees of the Company) are essential for the business of the AGM to be conducted.

As set out in the notice of meeting, the AGM will be held on 29 June 2021 at 11.00am. In view of the continuing risk posed by COVID-19, and having regard to their own safety and that of others, shareholders and their representatives are respectfully asked not to seek to attend the AGM in person. To ensure the safety of the limited number of people whose attendance is essential, we do not propose to allow other shareholders or their representatives to gain access to the AGM venue on the day.

In order to ensure shareholders' votes are counted, despite these restrictions, the Board strongly encourages shareholders to exercise their right to vote by appointing the chairman of the AGM as their proxy to vote at the AGM in accordance with their instructions. To appoint a proxy, please complete the form of proxy and send it to our registrar, Neville Registrars Limited. CREST members who wish to appoint a proxy or proxies for the AGM (and any adjournment(s) thereof) through the CREST electronic proxy appointment service may do so by using the procedures described in the CREST Manual. Proxy appointments must be received by Neville Registrars Limited no later than 11:00am on 25 June 2021. Further details are set out in the notice of meeting.

We, as your Board, are committed to open dialogue with our shareholders and remain very mindful of ensuring that shareholders have an opportunity to engage with us. Shareholders are encouraged to submit questions in advance of the AGM or raise matters of concern as a shareholder by emailing the Company Secretary using the email address provided on your form of proxy. Answers to questions that are of common interest will be published on the Group's website.

For further information, contact:

Mears Group PLC

About Mears

Mears currently employs around 6,000 people and provides services in every region of the UK. In partnership with our Housing clients, we maintain, repair and upgrade the homes of hundreds of thousands of people in communities from remote rural villages to large inner-city estates. Mears has extended its activities to provide broader housing solutions to solve the challenge posed by the lack of affordable housing and to provide accommodation and support for the most vulnerable.

We focus on long-term outcomes for people rather than short-term solutions and invest in innovations that have a positive impact on people's quality of life and on their communities' social, economic and environmental wellbeing. Our innovative approaches and market leading positions are intended to create value for our customers and the people they serve while also driving sustainable financial returns for our providers of capital, especially our shareholders.