RNS REACH

24 January 2023

Facilities by ADF plc

("Facilities by ADF", the "Company" or the "Group")

Location One joins ADF at Pioneer Film Studios in Scotland

Facilities by ADF, the leading provider of premium serviced production facilities to the UK film and high-end television (HETV) industry, today announces that Location One, the UK's largest integrated TV and film location service and equipment hire company, which was acquired by ADF in December 2022, will be opening a branch at Pioneer Film Studios (Pioneer) in Scotland, the country's newest and largest film studio.

Pioneer Film Studios stands at over 1.2 million square feet, providing studio space, workshop areas, backlot/yards, and training facilities which includes editing suites and production office space. ADF recently opened a new office at Pioneer in response to the growth in the film and HETV market in Scotland and now Location One is joining alongside. Scotland has witnessed extensive studio space expansion and inward investment in recent years as global productions increasingly choose the country's natural landscape and strong creative sector.

Location One's new branch will offer generators, water bowsers, lighting equipment, environmentally friendly battery-stores/other renewable solutions and other capital light consumables. It leads its market with the ECOPOD recycling solution - enabling full reporting for food, composting, recycling, and general waste streams for productions embracing albert and similar schemes. Like Facilities by ADF, Location One is an approved Albert supplier.

Pioneer is in the heart of Glasgow and will enable Location One to provide local support in the region and provide the enlarged Group with direct access to the range of productions scheduled to be filmed at Pioneer. The new base will strengthen the newly enlarged Group's regional presence alongside global production companies, and by working with Pioneer Films Studios, the Group will be capable of bringing its joint offering to one of the largest emerging markets within the UK Film and TV industry.

Marsden Proctor, Chief Executive of Facilities by ADF, commented:

"We are excited to be joined by Location One at Pioneer's state of the art studios to bring our compelling and expanded offering to the growing Film and HETV market in Scotland. Location One's new branch moves us closer to achieving our vision of becoming a One-Stop-Shop for Film and high-end TV production across the UK. We are already expanding our community in the region following the opening of our own office at Pioneer in October and look forward to the future opportunities this new partnership will bring."

Crispin Hardy, founder and CEO of Location One, commented:

"Opening a branch in Scotland is the next step in our expansion plans and with a site like Pioneer's, we now have the ability to service one of the few remaining emerging markets as well as help to establish a community for the industry in the region. We are excited to be joining ADF in Scotland, and in partnership with Pioneer, we look forward to the future prospects available to us."

Jamie McCoy, Digital Director & Co-Founder of Pioneer Film Studios, added:

"We are excited to welcome Location One to our campus as Scotland increasingly becomes a hub for high-end productions. Our mission is to bring the industry and whole supply chain together on site and now with Location One's new branch offering its high-quality services and equipment, we are one step closer to achieving this goal."

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OVERVIEW OF FACILITIES BY ADF

ADF's production fleet is made up of premium mobile make-up, costume and artiste trailers, production offices, mobile bathrooms (known as honey wagons), diners, school rooms and technical vehicles. The Group provides these production facilities and additional services after a planning process with the customer held well in advance of filming. In servicing productions, ADF staff are available on site and each production is allocated an account manager who acts as a single lead point of contact during filming.

The Group serves customers in an industry that has experienced significant growth in recent years, with additional demand driven by a material rise in the consumption of film and HETV content via streaming platforms such as Netflix, Disney and Amazon Prime. The UK film and TV industry has directly benefited during this growth due to the quality of its production facilities and studios, highly skilled domestic workforce, geography, accessibility to Europe, English language environment and strong governmental support. Major US streaming companies have now set up permanent bases in the UK, with the UK now Netflix's third largest operation after the USA and Canada.

In December 2022, ADF acquired Location One Limited, the UK's largest integrated TV and film location service and equipment hire company, bringing highly complementary services to the business, and bringing cross selling opportunities to the enlarged Group, as well as delivering efficiencies through central services.

Overview of Pioneer Studios

Pioneer Film Studios is Scotland's newest and largest film and HETV studio campus. Once home to the popular Black and White whisky, Pioneer's campus stands at over 1.2million square feet with a strong balance of Office, Studio, Workshop, Ancillary and Yard space. Pioneer have added several industry suppliers to the site with a view to continuing to support and grow the industry in Scotland working with Screen Scotland, Scottish Enterprise and groups like Screen Facilities Scotland to become the home of Scottish Filmmakers.

Pioneer Film Studios is part of a management group which also includes Pioneer Creative, a Community Interest Company established to support the grassroots of the industry in Scotland and create supported pathways into the industry and Pioneer Accountancy, an Industry specific Accountancy Practice for freelancers and industry companies to access a series of industry aware accountancy support services. The team behind Pioneer have a simple mantra; Pioneer Film Studios is the champion of productions large and small. Designed to be one of the easiest places for productions to base, from the immediate accommodation options, transport links & facilities to the design of the studio infrastructure and strong relationships with supporting service suppliers, whatever a production needs - Pioneer can help you achieve it.