AFFINITY ANNOUNCES RECEIPT OF £150M EQUITY

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Affinity Water Finance (2004) Plc announces that its shareholders have successfully injected £150 million in equity, fulfilling a commitment made in February 2025. This capital will support Affinity's extensive £2.3 billion investment programme planned for 2025-2030, aimed at enhancing the long-term sustainability, resilience, and affordability of its water services. The equity injection is intended to maintain a balanced capital structure, preserve strong investment-grade credit ratings, and facilitate essential infrastructure improvements for customers.

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Affinity Water Finance (2004) Plc

17 February 2026

Affinity Water Finance (2004) PLC

(the "Company")

£102.7m of 5.875% Sterling Denominated Guaranteed Notes Due 2026

issued by the Company and guaranteed by Affinity Water Limited ("Affinity")

AFFINITY ANNOUNCES RECEIPT OF £150M SHAREHOLDER EQUITY INJECTION

17 February 2026

Following Affinity's announcement on 17^th February 2025 that its shareholders had agreed to inject £150 million equity before 31^st March 2026, Affinity is pleased to announce that the equity injection has been received from its shareholders and shares have been allotted to them pro-rata to their current shareholdings.

Affinity's comprehensive investment programme of £2.3 billion during 2025-2030 has been designed to ensure long-term sustainability, resilience, and affordability of our water services for the diverse communities we serve. Our shareholders' equity injection will support this ambitious investment programme, enabling resilient delivery of high-quality, sustainable, and affordable water services for our customers while ensuring a balanced and sustainable capital structure which maintains strong investment grade credit ratings to underpin financial resilience and investment in essential infrastructure improvements for the benefit of our customers.

ENDS

Notes:

For further information, please visit our website or contact:

Company.secretary@affinitywater.co.uk

Please direct any media queries to publicaffairs@affinitywater.co.uk

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

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