National Grid plc has applied for the admission of ordinary shares to the Official List and the London Stock Exchange for the operation of the Scrip Dividend Scheme. The shares, totaling 5,289,281 ordinary shares, will be admitted to trading on 9 August 2023 and will rank pari passu with the existing issued ordinary shares of the Company. The scrip dividend will result in the issuance of 4,622,521 ordinary shares at a price of 1059.00 pence per share. For US holders of American Depositary Receipts (ADRs), 133,352 ADRs will be issued at a price of US$65.9534, representing 666,760 ordinary shares. The terms and conditions of the scrip dividend scheme can be found on the Company's website or through Equiniti.