INTERIM RESULTS FOR SIX MONTHS ENDED 30 JUNE 2026

Logistics Development Group plc

(“LDG” the “Company” and, with its subsidiaries, the “Group”)

Interim Results for six months ended 30 June 2026

Logistics Development Group plc, the AIM-quoted investing company, announces its unaudited interim results for the six months ended 30 June 2026.

Summary for the reporting period

Fixtaia Limited (“Fixtaia”) is the Company’s wholly owned subsidiary vehicle for investments made by the Company. All references to investments are those held by Fixtaia. Details of the principal investments held at 30 June 2026 are listed below:

• Finsbury Food Group (“Finsbury”) is a speciality bakery business, producing and selling high-quality bread and cakes to food retailers and foodservice markets across the UK and Europe. Finsbury was incorporated in 1925, is based in Cardiff and has c.3,500 employees. Its product portfolio consists largely of either essential bakery products (e.g. organic & artisan bread, buns & rolls) or event-related purchases (e.g. brand licensed celebration cakes for parties, especially for children). As at 30 June 2026, the Company has an economic interest of 25.31% in Finsbury, through its interest in Frisbee Topco Limited (an entity ultimately owned by funds managed by DBAY Advisors Limited (“DBAY”), the Company’s investment manager), which, through its structure, acquired Finsbury in a take private transaction that completed during November 2023.

• Alliance Pharma plc (“Alliance”) is an international healthcare group founded in 1996 and headquartered in the UK with c.280 staff. Alliance acquires, markets and distributes consumer healthcare products. As at 30 June 2026, the Company holds an economic interest of 24.54% in Alliance’s issued share capital. Alliance owns market-leading products including Kelo-Cote (scar treatment), Nizoral (medicated anti-dandruff shampoo), and Macushield (eye health supplement), amongst a broad portfolio of other brands. Alliance’s business model is asset-light, focusing on marketing and distribution. The company sells its products in 100+ countries, with core markets being the US, China, UK, France and Germany. DBAY successfully completed the take-private of Alliance in Q2 2025.

• SQLI S.A. (“SQLI”), is a digital commerce and services agency, controlled by funds managed by DBAY. As at 30 June 2026, the Company has an economic interest of 10.62% in SQLI which is focused on customer experience with a fast-growing data & AI practice. Addressing a growing market, SQLI differentiates through its technical capabilities and track record successfully serving blue-chip clients such as Nestlé, Airbus, LVMH, Miele, L’Oréal, Richemont, Rolex and Carlsberg. The business is headquartered in Paris, and employs c.2,100 people across 13 countries, including an offshore delivery centre in Morocco.

• WS Holdco Limited (“WS Holdco”). As at 30 June 2026, WS Holdco consists of WS & Son (general haulage), WS Digital Freight (road forwarding services), APC (parcel delivery services), WS People Providers (staffing agency), Bis Henderson (logistics recruitment services), together with three businesses acquired during the period: WS & S Solutions (formerly EV Cargo Solutions and Distribution), which focuses on warehousing fulfilment and road transport: Walkers Transport Holdings Limited and Madex Logistics Limited, both pallet transport businesses. As at 30 June 2026, the Company has an economic interest of 38.25% in WS Holdco. The vision is to build an end-to-end, integrated logistics service provider in the UK, covering road haulage, forwarding, warehousing, fulfilment, and parcel delivery services.

On 22 January 2026, LDG announced that Finsbury had completed a refinancing and subsequent return of capital. This resulted in £11.4m being received by Fixtaia, reducing its original investment of £14.2m to a residual exposure of £2.8m. The Company’s stake in Finsbury remained unchanged.

The Board of LDG agreed to the reallocation of £10m (the “Investment”) from the Finsbury return of capital to increase its investment in WS Holdco. The Investment was on the same terms as the Company’s original investment of £15m in WS Holdco.

On 22 January 2026, it was also disclosed that Alliance, in which LDG had invested £39m, had announced in December 2025 that it had agreed to dispose of its prescription products portfolio to two strategic buyers. The transaction closed in early January 2026, with proceeds contributing to a net debt reduction from £275m at the end of December 2025 to a forecast c. £175m at 31 March 2026.

On 27 February 2026, LDG announced its quarterly portfolio data. As at 31 December 2025, LDG’s unaudited estimated NAV per share was 26.7 pence. An update on the portfolio investments was also provided.

On 17 March 2026, LDG announced that it had been notified by WS Holdco that it had acquired EV Cargo Solutions and Distribution Limited.

On 15 May 2026, LDG announced that it had been notified by WS Holdco that it had acquired Walkers Transport Holdings Limited and Madex Logistics Limited.

On 29 May 2026, LDG announced its quarterly portfolio data. As at 31 March 2026, LDG’s unaudited estimated NAV per share was 26.4 pence. An update on the portfolio investments was also provided.

The annual general meeting (“AGM”) of the Company was held on 18 June 2026. David Facey did not stand for re-election as a Director at the AGM and so effective 18 June 2026 he retired as a Director of the Company.

Key Subsequent Events

On 28 August 2026, LDG announced its quarterly portfolio data. As at 30 June 2026, LDG’s unaudited estimated NAV per share was 28.0 pence, which represents an increase of 6.2% compared to the prior period ending 31 March 2026. The increase was driven by an increase in the valuation of Alliance which was previously held at cost (in line with DBAY’s policy of holding investments at cost for the first 12 months after acquisition).

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