<div id="readability-page-1"><div>RNS Number : 5208U IP Group PLC 26 February 2026 TR-1: Standard form for notification of major holdings1. Issuer DetailsISINGB00B128J450Issuer NameIP GROUP PLCUK or Non-UK IssuerUK2. Reason for NotificationAn acquisition or disposal of financial instruments3. Details of person subject to the notification obligationNameSaba Capital Management, L.P.City of registered office (if applicable)New YorkCountry of registered office (if applicable)United States4. Details of the shareholder<div><table><tbody><tr><td>Name</td><td>City of registered office</td><td>Country of registered office</td></tr><tr><td>Saba Capital Bluebird Fund, Ltd.</td><td></td><td>Cayman Islands</td></tr><tr><td>Saba Capital Income &amp; Opportunities Fund</td><td></td><td>United States</td></tr><tr><td>Saba Capital CEF Opportunities 1, Ltd.</td><td></td><td>Cayman Islands</td></tr><tr><td>Saba Capital CEF Opportunities 2, Ltd.</td><td></td><td>Cayman Islands</td></tr><tr><td>Saba Capital Income &amp; Opportunities Fund II</td><td></td><td>United States</td></tr><tr><td>Saba K Fund, LP</td><td></td><td>United States</td></tr><tr><td>Stone Ridge Archimedes Sub-Master (Red) LP</td><td></td><td>United States</td></tr><tr><td>I-94 Partners Fund LP</td><td></td><td>United States</td></tr><tr><td>Saba Capital Master Fund, Ltd.</td><td></td><td>Cayman Islands</td></tr></tbody></table></div>5. Date on which the threshold was crossed or reached24-Feb-20266. Date on which Issuer notified25-Feb-20267. Total positions of person(s) subject to the notification obligation<div><table><tbody><tr><td></td><td>% of voting rights attached to shares (total of 8.A)</td><td>% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)</td><td>Total of both in % (8.A + 8.B)</td><td>Total number of voting rights held in issuer</td></tr><tr><td>Resulting situation on the date on which threshold was crossed or reached</td><td>0.010096</td><td>11.105895</td><td>11.115991</td><td>98201734</td></tr><tr><td>Position of previous notification (if applicable)</td><td>0.080478</td><td>10.196716</td><td>10.277194</td><td></td></tr></tbody></table></div>8. Notified details of the resulting situation on the date on which the threshold was crossed or reached8A. Voting rights attached to shares<div><table><tbody><tr><td>Class/Type of shares ISIN code(if possible)</td><td>Number of direct voting rights (DTR5.1)</td><td>Number of indirect voting rights (DTR5.2.1)</td><td>% of direct voting rights (DTR5.1)</td><td>% of indirect voting rights (DTR5.2.1)</td></tr><tr><td>GB00B128J450</td><td>89192</td><td>0</td><td>0.010096</td><td>0.000000</td></tr><tr><td>Sub Total 8.A</td><td colspan="2">89192</td><td colspan="2">0.010096%</td></tr></tbody></table></div>8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))<div><table><tbody><tr><td>Type of financial instrument</td><td>Sub Total 8.B1</td></tr><tr><td>Expiration date</td><td colspan="2"></td></tr><tr><td>Exercise/conversion period</td><td></td></tr><tr><td>Number of voting rights that may be acquired if the instrument is exercised/converted</td><td></td></tr><tr><td>% of voting rights</td></tr></tbody></table></div>8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))<div><table><tbody><tr><td>Type of financial instrument</td><td>Expiration date</td><td>Exercise/conversion period</td><td>Physical or cash settlement</td><td>Number of voting rights</td><td>% of voting rights</td></tr><tr><td>Total Return Swap</td><td>12/15/2026</td><td></td><td>Cash</td><td>98112542</td><td>11.105895</td></tr><tr><td>Sub Total 8.B2</td><td colspan="3"></td><td>98112542</td><td>11.105895%</td></tr></tbody></table></div>9. Information in relation to the person subject to the notification obligation2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)<div><table><tbody><tr><td>Ultimate controlling person</td><td>Name of controlled undertaking</td><td>% of voting rights if it equals or is higher than the notifiable threshold</td><td>% of voting rights through financial instruments if it equals or is higher than the notifiable threshold</td><td>Total of both if it equals or is higher than the notifiable threshold</td></tr><tr><td>Boaz Weinstein</td><td>Saba Capital Management GP, LLC</td><td></td><td></td><td></td></tr><tr><td>Saba Capital Management GP, LLC</td><td>Saba Capital Management, L.P.</td><td></td><td></td><td>11.115991%</td></tr></tbody></table></div>10. In case of proxy votingName of the proxy holderThe number and % of voting rights heldThe date until which the voting rights will be held11. Additional Information12. Date of Completion25-Feb-202613. Place Of CompletionNew YorkThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. 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IP Group PLC announced a major holding notification by Saba Capital Management, L.P. on February 26, 2026. The notification indicates an acquisition of financial instruments, resulting in Saba Capital holding 11.115991% of voting rights. The threshold was crossed on February 24, 2026, with a total of 1,982,017 voting rights held. The notification includes details of various funds and entities under Saba Capital's management, with the ultimate controlling person being Boaz Weinstein.

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