C&C Group PLC has granted Andrew Andrea, the Chief Financial and Transformation Officer, a nil-cost option over 404,411 ordinary shares in the company under the 2015 Long Term Incentive Plan (LTIP). These awards will vest based on performance metrics including Earnings per Share, Relative TSR, and an Environmental metric assessed across the three-year performance period FY2025 - FY2027. The threshold vesting for each metric will be 25% of the maximum. The details of the performance conditions are outlined in the Directors' Remuneration Report for FY2024.

The vesting of the awards is contingent upon the Company's underlying financial performance over the three-year period. No award will vest until the end of the full three-year period, and Executive Directors' awards are then subject to a further two-year holding period.

The notification of the transaction by Andrew Andrea, as a person discharging managerial responsibilities, is in compliance with Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation). The transaction involved the grant of options under the C&C 2015 Long Term Incentive Plan, with a volume of 404,411 shares at a nil cost, and was conducted on 16/07/2024.

This information provides insight into the company's approach to incentivizing and rewarding its executives based on long-term performance metrics and aligning their interests with the company's long-term success.