RNS Number : 8440FDrax Group PLC13 July 2023

Transactions in own shares

Drax Group plc ("Drax Group") announces today that it has, in accordance with the terms of its share

buyback programme announced on 18 May 2023 (the "Programme") purchased the following number

of its ordinary shares of 0.115517 pence each (the "Ordinary Shares") through J.P. Morgan Securities

plc.

Date of purchase:

12 July 2023

Aggregate number of Ordinary Shares purchased:

1,761

Lowest price paid per share (p):

569.20000

Highest price paid per share (p):

575.00000

Volume weighted average price paid per share (p):

569.9169

The Company intends to hold the purchased Ordinary Shares in treasury.

Following the above transaction, Drax Group will have 424,463,619 Ordinary Shares in issue (including treasury shares). The total number of Ordinary Shares held in treasury is 35,037,612.

The total number of voting rights in Drax Group, excluding treasury shares as at12 July 2023is 389,426,007. This figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Drax Group under the FCA's Disclosure and Transparency Rules.

Since the announcement of the Programme on 18 May 2023, Drax Group has purchased 21,205,324 Ordinary Shares in aggregate for treasury.

For further information, please contact:

Drax Group

Mark Stafford, Head of Investor

Relations

Brett Gladden, Group Company Secretary

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market

Abuse Regulation), the table below contains a breakdown of the individual trades made by J.P. Morgan

Aggregate information:

Venue

Volume-weighted average price (GBp)

Aggregated volume

Lowest price per share (GBp)

Highest price per share (GBp)

London Stock Exchange

569.9169

1,761

569.20000

575.00000

Individual transactions:

Transaction Date and Time

Number of shares purchased

Transaction price per share(pence)

Venue

Transaction Reference Number

12-Jul-2023 08:01:12

338

569.4000

XLON

64002640000000359-E0FC3G3bVbmx20230712

12-Jul-2023 08:01:12

517

569.2000

XLON

64002640000000296-E0FC3G3bVbnA20230712

12-Jul-2023 08:01:12

700

569.2000

XLON

64002640000000296-E0FC3G3bVbn820230712

12-Jul-2023 08:10:10

206

575.0000

XLON

64002640000000650-E0FC3G3bVxO520230712
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. ENDPOSEASXAFSDDEFA

==