Disclaimer
DISCLAIMER – IMPORTANT
November 2025 Equity Placing
ELECTRONIC VERSIONS OF THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE ON THIS WEBSITE BY SSE PLC IN GOOD FAITH AND ARE FOR INFORMATION PURPOSES ONLY.
THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY PERSONS LOCATED IN OR RESIDENT IN (OR ORGANISED OR INCORPORATED UNDER THE LAWS OF) THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE THE EXTENSION OF AVAILABILITY OF THE MATERIALS TO WHICH YOU ARE SEEKING ACCESS WOULD BREACH ANY APPLICABLE LAW OR REGULATION.
IMPORTANT: You must read the following notice carefully – it applies to all persons who access this area of the website. Please note that the disclaimer set out below may be altered or updated. You should read it in full each time you visit the site. If you access these materials on this website, you agree to be bound by the terms and conditions below. If you do not agree to the terms and conditions, do not access this website or view any of these materials.
The materials speak only at the specified date of the relevant document or announcement reproduced on this website, and neither SSE plc (the “Company”) nor any of its affiliated companies nor any adviser or financial institution has, or accepts, any responsibility or duty to update or revise any such information, document or announcement (other than to the extent such duty arises as a matter of law or regulation) and reserves the right to add to, remove or amend any information reproduced on this webpage at any time in whole or in part at its sole discretion.
Viewing the information in these materials may be restricted and is not for release, publication or distribution, in whole or in part, directly or indirectly, in certain jurisdictions. In other jurisdictions only certain categories of person may be allowed to view these materials. Users of this website are requested to inform themselves about and observe any such restrictions. The Company assumes no responsibility for any violation of applicable law and regulation by any person.
The materials are for information purposes only and do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada, Japan or the Republic of South Africa or any jurisdiction in which such offers or sales are unlawful. Any securities issued in connection with an offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or under any applicable securities laws of any state, province, territory, county or other jurisdiction of the United States, Australia, Canada, Japan or the Republic of South Africa. Accordingly, unless an exemption under relevant securities laws is applicable, any such securities may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, in or into the United States or in or into Australia, Canada, Japan, the Republic of South Africa or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration of such securities in, the relevant jurisdiction. There will be no public offer of securities in the United States.
In the United Kingdom, the materials are directed only at and may only be communicated to: (i) “qualified investors” within the meaning of Article 2(e) of assimilated Regulation (EU) 2017/1129 as it forms part of the law of the United Kingdom by virtue of the EU (Withdrawal) Act 2018 who are also (a) high net worth entities falling within Article 49(2)(a) to (d) (‘high net worth companies, unincorporated associations etc.’) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”); (b) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Order, or (c) other persons to whom they may be lawfully communicated; and (ii) investors in the United Kingdom participating in the retail offer facilitated by Retail Book Limited subject to the exemption set out in section 86(1)(e) of the Financial Services and Markets Act 2000 (all such persons together being referred to as “Relevant Persons”). In the European Economic Area (“EEA”), the materials are directed only at and may only be communicated to persons who are “qualified investors” within the meaning of Article 2(e) of EU Regulation 2017/1129 (“Qualified Investors”). Any investment or investment activity to which these materials relate is available only (i) in any member state of the EEA, to Qualified Investors, and (ii) in the United Kingdom, to Relevant Persons, and will only be engaged in with such persons. These materials must not be acted or relied on (i) in any member state of the EEA, by persons who are not Qualified Investors, and (ii) in the United Kingdom, by persons who are not Relevant Persons.
If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage. These materials must not be released or otherwise forwarded, distributed or sent in or into the United States or in or into Australia, Canada, Japan, the Republic of South Africa or any jurisdiction in which such offers or sales are unlawful. Persons receiving such documents (including custodians, nominees and trustees) must not distribute or send them in, into or from the United States or in, into or from Australia, Canada, Japan, the Republic of South Africa or any jurisdiction in which such distributions are unlawful.
Confirmation of understanding and acceptance of disclaimer
I warrant that: (i) I am not located in or resident in, nor is the partnership or corporation on whose behalf I am accessing the website organised or incorporated under the laws of, the United States, Australia, Canada, Japan, the Republic of South Africa or any other jurisdiction where accessing these materials is unlawful, and I agree that I will not transmit or otherwise send any materials contained in this website to any person located in or resident in (or organised or incorporated under the laws of) the United States, Australia, Canada, Japan, the Republic of South Africa or any other jurisdiction, where to do so would breach applicable local law or regulation; (ii) if I am resident or located in the United Kingdom, I am a Relevant Person; (iii) if I am resident or located in a member state of the EEA, I am acting on behalf of, or I am, a Qualified Investor; and (iv) if I am resident or located outside the United Kingdom or a member state of the EEA, I am authorized to access the materials on this website without being subject to any legal restriction and without any further action required by the Company.
I have read and understood the disclaimer set out above. I understand that it may affect my rights and I agree to be bound by its terms. I confirm that I am permitted to proceed to electronic versions of the materials.