National World : Result of AGM

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National World plc

(Incorporated and registered in England and Wales with No: 12021298)

Resolutions Passed at Annual General Meeting

The following resolutions of National World plc (the "Company") were passed at the Annual General Meeting of the Company held on 24 May 2023. Resolutions 1 to 11 were passed as ordinary resolutions and resolution 12 was passed as a special resolution.

Resolution 1 (Ordinary)

To receive the Annual Report and Accounts for the 52 weeks ending 31 December 2022.

Resolution 2 (Ordinary)

To approve the directors' remuneration report contained on pages 50 to 65 of the Annual Report.

Resolution 3 (Ordinary)

To declare a final dividend of 0.5p per ordinary share will be paid on 5 July 2023 to all Shareholders who are on the register of members of the Company on 2 June 2023.

Resolution 4 (Ordinary)

To reappoint Mr. David Montgomery as a director.

Resolution 5 (Ordinary)

To reappoint Mr. Mark Hollinshead as a director.

Resolution 6 (Ordinary)

To reappoint Mr. John Rowe as a director.

Resolution 7 (Ordinary)

To reappoint Mr. Daniel Cammiade as a director.

Resolution 8 (Ordinary)

To reappoint Mr. David Fordham as a director.

Resolution 9 (Ordinary)

To appoint Mr. David Lindsay as a director.

Resolution 10 (Ordinary)

To reappoint Crowe U.K. LLP as auditors from the conclusion of the AGM until the conclusion of the next general meeting before which accounts are laid and to authorise the directors to fix the auditors' remuneration.

Resolution 11 (Ordinary)

To renew, for the period ending on the date of the Company's annual general meeting in 2024 or, if earlier, at the close of business of 24 August 2025 (being 15 months after the date of the forthcoming AGM) the authority and power conferred on the directors by the Company's articles of association ("Articles") to allot relevant securities up to an aggregate nominal amount equal to the Section 551 of the 2006 Act amount of £172,955.20 representing the aggregate nominal value of two thirds of the ordinary shares of nominal value 0.1 pence each in the capital of the Company (the "Ordinary Shares"), provided that in relation to any allotment of relevant securities in excess of £86,477.60 representing the aggregate nominal value of one third of the Ordinary Shares, such authority shall only be used if the relevant securities are equity securities (as defined in Section 560(1) of the 2006 Act and they are allotted in connection with a rights issue or other pre-emptive issues of equity shares which satisfies the conditions and may be subject to all or any of the exclusions specified in (b)(i) of Resolution 12, provided that the Company may before such expiry, variation or revocation make an offer or agreement which would or might require such relevant or equity securities to be allotted after such expiry, variation or revocation and the directors of the Company may allot relevant or equity securities pursuant to such an offer or agreement as if the authority conferred hereby had not expired or been varied or revoked.

Resolution 12 (Special)

That, subject to and conditionally upon the passing of Resolution 11, the directors of the Company are hereby empowered pursuant to Section 570 of the 2006 Act to allot securities (as defined by Section 560 of the 2006 Act) for cash pursuant to the authority conferred by Resolution 11 as if Section 561 of the 2006 Act did not apply to any such allotment provided that such power:

(a) shall, subject to the continuance of the authority conferred by this Resolution 12, expire at the conclusion of the Company's annual general meeting in 2024 or, if earlier, at the close of business of 24 August 2024 (being 15 months after the date of the forthcoming AGM), but may be previously revoked or varied from time to time by special resolution but so that the Company may before such expiry, revocation or variation make an offer or agreement which would or might require equity securities to be allotted after such expiry, revocation or variation and the directors of the Company may allot equity securities in pursuance of such offer or agreement as if such power had not expired or been revoked or varied; and

(b) shall be limited to:

(i) the allotment of equity securities of up to an aggregate nominal amount of £86,477.60 pursuant to a rights issue, open offer, scrip dividend scheme or other pre-emptive offer or scheme which is in each case in favour of holders of Ordinary Shares and any other

persons who are entitled to participate in such issue, offer or scheme where the equity securities offered to each such holder and other person are proportionate (as nearly as may be) to the respective numbers of Ordinary Shares held or deemed to be held by them for the purposes of their inclusion in such issue, offer or scheme on the record date applicable thereto, but subject to such exclusions or other arrangements as the directors of the Company may deem fit or expedient to deal with fractional entitlements, legal or practical problems under the laws of any overseas territory, the requirements of any regulatory body or stock exchange in any territory, shares being represented by depositary receipts, directions from any holders of shares or other persons to deal in some other manner with their respective entitlements or any other matter whatever which the directors of the Company consider to require such exclusions or other arrangements with the ability for the directors of the Company to allot equity securities and sell relevant shares not taken up to any person as they may think fit; and

(ii) the allotment of equity securities for cash otherwise than pursuant to sub-paragraph (i) up to an aggregate maximum nominal amount of

£51,886.56.

Douglas Easton, Company Secretary

24 May 2023