Issue of Equity

10 July 2026

Helios Underwriting plc

('Helios' or 'the Company')

Issue of Equity

Further to the announcement made on 3 July 2026, the Company confirms that, pursuant to the scrip dividend alternative offered in lieu of cash for the final dividend for the year ended 31 December 2025, it has issued 823,838 new ordinary shares of 10p each ("Ordinary Shares") in satisfaction of elections received.

Application has been made to the London Stock Exchange for the new Ordinary Shares, which rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on AIM ('Admission'). Dealings are expected to commence at 8.00 a.m. on 10 July 2026. Following Admission pursuant to the scrip dividend elections received, the Company's issued share capital will consist of 76,040,011 Ordinary Shares. The Company holds 5,937,714 Ordinary Shares in Treasury. The total number of voting rights in the Company is therefore 70,102,297 Ordinary Shares.

For further information, please contact:

Helios Underwriting plc

Louis Tucker - Chief Executive Officer +44 (0)20 3965 6441 

Adhiraj Maitra - Director of Finance and Operations +44 (0)20 3743 2114

Peel Hunt (Nomad, Broker and Financial Adviser)

Dan Webster / Andrew Buchanan / Martin Frowde +44 (0)20 7418 8900

Singer Capital Markets (Joint Broker)

Charles Leigh-Pemberton / Russell Cook / James Todd +44 (0)20 7496 3000

FTI Consulting

Ed Berry +44 (0)7703 330 199

Christian Harte +44 (0)7974 288 763

About Helios

Helios provides a limited liability direct investment into the Lloyd's insurance market and is quoted on the London Stock Exchange's AIM market (ticker: HUW). Helios trades within the Lloyd's insurance market. The portfolio provides a broad spread of business primarily participating in the US and other international wholesale and reinsurance markets. For further information please visit www.huwplc.com.