Increased Shareholding in Ricardo plc

1 April 2025

Science Group plc

(the "Group" or "Science Group")

Increased Shareholding in Ricardo plc

Science Group has further increased its shareholding in Ricardo plc ("Ricardo") to 10,778,684 shares, equivalent to approximately 17.32% of the voting rights. The average cost (including fees) is 233 pence per share. Science Group may or may not increase its shareholding in Ricardo.

Science Group is the second largest shareholder in Ricardo, a British science and technology company with a brand heritage extending over 100 years. Science Group's position has been set out in the following announcements:

· 17 March 2025: www.sciencegroup.com/news-detail/response-to-ricardo-plc-17-03-25

· 31 March 2025: www.sciencegroup.com/news-detail/update-on-ricardo-plc

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