Goodricke Group Ltd — Important, 31-03-2026: Company Update

Goodricke Group's non-binding Memorandum of Understanding (MoU) for the proposed sale of its Barnesbeg Tea Estate has been cancelled. The company and the potential buyer were unable to align on certain matters during the due diligence process. Consequently, no definitive agreement was executed, and the proposed transaction will not proceed. The company confirms that this cancellation does not have any material financial impact. This update provides clarity on the status of the previously announced potential asset sale.