Ted Baker Plc

(the "Company")

Annual Report and Accounts and Notice of Annual General Meeting

Proposed general authorisation to purchase own shares

Annual Report and Accounts

The Company is pleased to announce that its Annual Report and Accounts for the 53 weeks ended 30 January 2021 and Notice of Annual General Meeting (AGM), to be held on 28 July 2021, have today been posted, or otherwise made available, to shareholders.

Copies of  the Annual Report and Accounts and Notice of Annual General Meeting are available to view on, and download from, the Company's investor relations website at www.tedbakerplc.com.They have also been submitted to the Financial Conduct Authority's National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Attendance at the AGM

From 17 May, the UK Government has permitted gatherings organised on businesses premises, subject to complying with on-going COVID-secure requirements, including social distancing. As a consequence, it is legally permissible for shareholders to attend the AGM in person.

The safety and security of our shareholders, directors, colleagues and guests is of paramount importance. COVID-19 restrictions remain in place and the Government has urged people to maintain social distancing and reduce time spent in crowded areas. The Company believes a cautious approach to situations, particularly indoor events, that appear to carry a higher COVID-19 transmission risk is deemed appropriate.

Therefore, shareholders and corporate representatives are strongly encouraged not to attend the AGM in person, and to continue to vote by proxy or to participate in the business of the AGM through the conference call line, details of which are set out in the Notice of AGM. Questions can be submitted in advance of the AGM. Details of how to submit questions are also set out in the notice of AGM.   

Proposed general authorisation to purchase own shares

In accordance with Listing Rule 12.4.4 R, the Company also announces that the Board of Directors intends to propose a special resolution at the Company's forthcoming Annual General Meeting seeking a general authorisation from shareholders for the Company to make market purchases of up to 10 per cent. of its own issued ordinary share capital, subject to the requirements of the Listing Rules.  

The Directors have no present intention of exercising this authority if approved by shareholders, but wish to have the flexibility to do so in the future. Shares would only be purchased if the Directors believed that to do so would result in an improvement in earnings per share and would be in the best interests of Shareholders generally. 

Full details of the proposed resolution (Resolution 15) are set out in the printed version of the Company's Notice of Annual General Meeting 2021. This includes reference to the maximum number of shares to be authorised for the purchase of 18,460,878 which represents, for the avoidance of doubt, approximately 10% of the share capital.

The information required to comply with DTR 6.3.5R of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules is set out in the Preliminary Results Announcement for the 53 weeks ended 30 January 2021 issued on 14 June 2021.

Enquires:

Tulchan Communications

Jonathan Sibun

Jessica Reid

+44 (0) 20 7353 4200

Publication of Regulated Information - classified under DTR Annex 1 R, section 1.1

LEI: 549300HN14450OU4IL77