Notice of Redemption

Marks & Spencer PLC

11 February 2026

 

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (EUWA).

11 February 2026

NOTICE TO THE HOLDERS OF

Sterling-denominated 3.750 per cent. Notes due 19 May 2026 (ISIN: XS2258453369, Common Code: 225845336)

of which £109,379,000 remains outstanding

(the Notes)

Issued by

MARKS AND SPENCER plc

(incorporated with limited liability in England and Wales with registered number 214436)

(the Issuer)

as Series 132
under the
£3,000,000,000
Euro Medium Term Note Programme

NOTICE IS HEREBY GIVEN to the holders of the Notes that the Issuer will exercise its option to redeem all of the outstanding Notes pursuant to Condition 7.4 (Redemption at par at the option of the Issuer (Issuer Par Call)) of the Terms and Conditions of the Notes on 3 March 2026 (the Redemption Date). This notice is irrevocable.

The Notes will be redeemed at their outstanding nominal amount together with interest accrued to, but excluding, the Redemption Date.

The Issuer will apply to the Financial Conduct Authority (the FCA) for the cancellation of the listing of the Notes on the official list of the FCA and to the London Stock Exchange plc (the London Stock Exchange) for the cancellation of the admission to trading of the Notes on the Main Market of the London Stock Exchange on or shortly after the Redemption Date.

Capitalised terms not otherwise defined herein have the meanings given to them in the Terms and Conditions of the Notes.

Given for and on behalf of the Issuer on 11 February 2026.

For further information, please contact:

James Rudolph, Group Treasurer

Tel: [phone]

Email: [e-mail] ; [e-mail]

Marks and Spencer plc*
Waterside House 35
North Wharf Road
London W2 1NW
United Kingdom

*LEI: 213800CN1RI3UCIZWB95

This announcement is released by Marks and Spencer plc and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014, as it forms part of UK domestic law by virtue of the EUWA (UK MAR), encompassing information relating to the redemption of the Notes as described above. For the purposes of UK MAR and Article 2 of the binding technical standards published by the Financial Conduct Authority in relation to UK MAR as regards Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Alison Dolan, Chief Financial Officer at Marks and Spencer plc.

 

END