27 April 2026

Headlam Group plc

('Headlam', the 'Company', the 'Group')

Receipt of notice from shareholder

The Board acknowledges that on 24 April 2026 a member of the Board received a notice purporting to be a requisition notice from First Seagull AS ("FS") to convene a general meeting of the Company.  The Board is considering the notice with its advisers.

FS, which has notified the Company that it holds 10.05% of the Company's issued share capital, has proposed resolutions to remove the chair and two non-executive directors of the Board and appoint two nominees of FS as non-executive directors including Stian Husvaeg, who is Managing Director of FS. If a general meeting is convened it would be in addition to the scheduled annual general meeting.  

The Board is confident that the recently refreshed Board (including a new executive team and two new non-executive directors) has the right experience to implement the Company's strategy and turnaround, and is getting on with doing so at pace.

The Board also wishes to highlight the extensive engagement with its shareholders including FS over recent months and intention to maintain that dialogue.

The notice does not impact the Company's annual general meeting, which will proceed as planned on 20 May 2026.

The Board advises that shareholders in the Company take no action and await a further announcement from the Company that will be made in due course.

Enquiries

Notes to Editors

Operating for over 30 years, Headlam is the UK's leading floorcoverings distributor. The Group works with suppliers across the globe manufacturing the broadest range of products, and gives them a highly effective route to market, selling their products into the large and diverse trade customer base. The Group has an extensive customer base, providing them with a market leading service through the largest product range, in-depth knowledge, ecommerce and marketing support, and nationwide delivery service. To maximise customer reach and sales opportunity, Headlam operates businesses, trade brands and product brands across the UK and Continental Europe (France and the Netherlands), which are supported by the group's network, central resources and processes.