PCO Poundland's Restructuring Plan approved

Pepco Group N.V. (“Pepco” and, together with its subsidiaries, “Pepco Group” or the “Group”), a leading pan-European
discount retailer, is pleased to note that the Restructuring Plan of Poundland Limited (“Poundland” and, together with its subsidiaries, the “Poundland Group”) was today approved by the High Court in England, United Kingdom. This follows the Group’s announcement that it had entered into and completed definitive agreements in relation to the sale of the Poundland Group to 1903 Peach Bidco Limited, a newly formed company established by certain affiliates of Gordon Brothers International LLC (“Gordon Brothers”) on 12 June 2025. The sanctioning of the Restructuring Plan will allow for the implementation of the features of Poundland’s restructuring transaction that relate to Pepco Group.