Team Regulatory News (TEAM)

24 January 2025

("TEAM", the "Company" or the "Group")

Result of Extraordinary General Meeting

TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, is pleased to announce that all resolutions proposed at the Company's Extraordinary General Meeting, held earlier today, were duly passed.

The votes received from shareholders on each resolution, via proxy and shareholders present at the meeting, are set out below:

Issue of new Ordinary Shares, AIM application and Directors' shareholdings

Further to shareholder approvals at the EGM, the Company shall issue the following new Ordinary Shares:

· 1,497,081 new Ordinary Shares pursuant to the Placing, Subscription and WRAP Retail Offer; and

· 93,693 new Ordinary Shares pursuant to the vesting of the Executive Director bonus awards for the financial periods to 30 September 2022 and 2023 ("Awards"), comprising 13,158 new Ordinary Shares to Mark Clubb, Executive Chair, and 80,535 new Ordinary Shares to Matthew Moore, Chief Financial Officer and Chief Operating Officer.

Application has been made the London Stock Exchange for admission to trading on AIM for the aggregate 1,590,774 new Ordinary Shares detailed above ("Admission"), and Admission is expected to become effective and trading will commence in the new Ordinary Shares on or around 27 January 2025. The new Ordinary Shares will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the Company's existing Ordinary Shares.

Following issue of the above issues of new Ordinary Shares, Mr Clubb will be interested in 4,173,158 Ordinary Shares and Mr Moore will be interested in 503,927 Ordinary Shares, representing 7.96% and 0.96% of the Company's issued ordinary share capital as enlarged by Admission.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise of 51,086,157 Ordinary Shares, none of which are held in treasury. Accordingly, the figure of 51,086,157 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Terms used but not defined in this announcement have the same meaning as set out in the Company's announcements released on 3 December 2024 and 23 December 2024.

For further information, please contact:

Enquiries to

www.teamplc.co.uk

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.