OSB GROUP PLC - Share Repurchase Programme

Core Viewpoint - OSB Group PLC is initiating a share repurchase program to return up to £100 million to shareholders, reflecting its commitment to return excess capital [2] Share Repurchase Programme - The share repurchase program will commence on 6 March 2026 and is expected to complete no later than 6 March 2027 [5] - The program aims to acquire up to 37,035,134 ordinary shares, as authorized by shareholders at the Annual General Meeting on 8 May 2025 [4] - Jefferies International Limited has been engaged to execute the share repurchase program, making independent trading decisions within agreed parameters [3] Company Overview - OSB Group PLC, which began trading as a bank on 1 February 2011, was admitted to the London Stock Exchange in June 2014 and joined the FTSE 250 index in June 2015 [7] - The Group provides specialist lending and retail savings, regulated by the Prudential Regulation Authority and the Financial Conduct Authority [7] Business Segments - OSB operates under two segments: OneSavings Bank and Charter Court Financial Services, targeting high-growth market sub-sectors [8] - OneSavings Bank focuses on private rented sector Buy-to-Let, commercial mortgages, and bespoke residential lending, utilizing a skilled underwriting process [9] - Charter Court Financial Services specializes in Buy-to-Let and residential mortgages, leveraging automated technology for efficient processing and risk management [12]