Notice of Redemption

Summary by AI ^BETAClose X

SSE plc has announced its intention to redeem its £600,000,000 Capital Securities in full on 14 April 2026, exercising its issuer's call option. The redemption will be at the principal amount outstanding plus any accrued and unpaid interest and arrears of interest up to, but excluding, the redemption date. Following this redemption, the listing of these Capital Securities on the Financial Conduct Authority's Official List and their admission to trading on the London Stock Exchange will be cancelled.

Disclaimer*

SSE PLC

24 February 2026

SSE PLC

(incorporated with limited liability under the laws of Scotland under registered number SC117119)

£600,000,000 Capital Securities

(ISIN: XS2195190876)

Notice of redemption and cancellation of listing

Dated: 24 February 2026

We refer to the Trust Deed dated 14 July 2020 between the Issuer and BNY Mellon Corporate Trustee Services Limited (the Trust Deed). Capitalised terms not otherwise defined herein have the meaning given to them in the Trust Deed.

NOTICE IS HEREBY GIVEN by SSE plc (the Issuer) that it will redeem the £600,000,000 Capital Securities (the Sterling Securities) in full in accordance with Condition 6(b) (Issuer's Call Option) of the Conditions of the Sterling Securities, with settlement of such redemption being effected on 14 April 2026 (the Sterling Securities Redemption Date). Such redemption shall be at the principal amount outstanding together with any accrued and unpaid interest up to (but excluding) the Sterling Securities Redemption Date and any outstanding Arrears of Interest pursuant to Condition 6(b) (Issuer's Call Option) of the Conditions of the Sterling Securities. Subject to settlement being effected, the Sterling Securities will be redeemed on the Sterling Securities Redemption Date and any interest in respect of the Sterling Securities shall cease to accrue on and after the Sterling Securities Redemption Date. This notice is irrevocable.

The Capital Securities, and the listing of the Capital Securities on the Official List of the Financial Conduct Authority and the admission of the Capital Securities to trading on the main market of the London Stock Exchange plc, will be cancelled forthwith following the redemption.

LEI number: 549300KI75VYLLMSK856

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