On December 14, 2023, Lancaster Investment Management LLP notified AO World PLC of a change in their voting rights. The notification states that Lancaster Investment Management LLP now holds 5.59% of the voting rights in AO World PLC, representing a total of 32,359,033 voting rights. This is an increase from their previous position of 4.11% of voting rights.

In addition to the voting rights, Lancaster Investment Management LLP also holds financial instruments with a similar economic effect, which account for 0.26% of the voting rights, or 1,520,172 voting rights. The type of financial instrument is not specified in the notification.

The notification also confirms that Lancaster Investment Management LLP is not controlled by any natural person or legal entity, and does not control any other undertakings holding an interest in AO World PLC.

The notification was completed in London, United Kingdom on December 15, 2023.