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Anexo Group plc

('Anexo', the 'Group' or the 'Company')

Thirlwall Inquiry and Covid Action

Anexo (AIM: ANX), the specialist integrated credit hire and legal services provider, is pleased to provide details of two high profile actions in which the Group's legal subsidiary, Bond Turner, has a leading role: the Thirlwall Inquiry and Long Covid Doctors for Action.

Thirlwall Inquiry ("the Inquiry")

On 21 August 2023, after a trial at Manchester Crown Court, Lucy Letby was sentenced to life imprisonment and a whole life order on each of seven counts of murder and seven counts of attempted murder. The offences took place at the Countess of Chester Hospital, part of the Countess of Chester Hospital NHS Foundation Trust.

Lady Justice Thirlwall has been appointed to chair the Inquiry, which will investigate three broad areas:

A. The experiences of the Countess of Chester Hospital and other relevant NHS services and of all the parents of the babies named in the indictment.

B. The conduct of those working at the Countess of Chester Hospital, including the board, managers, doctors, nurses and midwives with regard to the actions of Lucy Letby while she was employed there as a neonatal nurse.

C. The effectiveness of NHS management and governance structures and processes, external scrutiny and professional regulation in keeping babies in hospitals safe and well looked after.

There are seven firms of solicitors acting for a total of seventeen individual parents of children named in the Indictment. The Group's legal subsidiary, Bond Turner, is acting for four of these parents. It has been appointed a Core Participant in the Inquiry and will receive professional fees in respect of its contributions.

Separate to the Inquiry, Bond Turner is pursuing claims of clinical negligence against the Countess of Chester Hospital NHS Foundation Trust on behalf of these clients. Bond Turner expects to reclaim all the legal costs of bringing the action but, given the circumstances of the litigation, the Board has resolved not to charge any success fees in the event of a successful conclusion.

Covid Negligence Action

A group called Long Covid Doctors for Action has been advocating for an action for negligence against various NHS Trusts and the Government. Bond Turner assisted in securing a limitation extension for such claims in November 2023 and is now acting for a number of doctors and other medical professionals in this litigation, which involves employer liability around the failures with personal protective equipment ('PPE') and which will seek to explore the requirements and provisions adopted by the NHS Trusts and the extent to which these were driven by Government edict.

Alan Sellers, Executive Chairman of Anexo Group, commented: "We are pleased to announce these new legal actions. The Thirlwall Inquiry and the Covid Negligence Action will be high profile and are expected to receive widespread media coverage. The Board believes that Bond Turner's leading role in both cases will reinforce its position as one of the leading clinical and professional negligence law firms in England and Wales. Having successfully concluded high profile class actions in the past, we are pleased to be able to offer victims our services and support in these new cases and we are committed to fighting for justice for them."

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Notes to Editors:

Anexo is a specialist integrated credit hire and legal services provider. The Group has created a unique business model by combining a direct capture Credit Hire business with a wholly owned Legal Services firm. The integrated business targets the impecunious not at fault motorist, referring to those who do not have the financial means or access to a replacement vehicle.

Through its dedicated Credit Hire sales team and network of over 1,100 active introducers around the UK, Anexo provides customers with an end-to-end service including the provision of Credit Hire vehicles, assistance with repair and recovery, and claims management services. The Group's Legal Services division, Bond Turner, provides the legal support to maximise the recovery of costs through settlement or court action as well as the processing of any associated personal injury claim.

The Group was admitted to trading on AIM in June 2018 with the ticker ANX.

For additional information please visit: www.anexo-group.com. To subscribe to our investor alert service and receive all press releases, financial results and other key shareholder messages as soon as they become available, please visit: https://www.anexo-group.com/content/investors/alert.asp.