Crest Nicholson : AGM Notice

NOTICE OF AVAILABILITY

16 February 2021

Dear Shareholder,

Notice of Availability of the 2020 Annual Integrated Report and Notice of Annual General Meeting (AGM) 2021

This letter is important and should be read carefully

Thank you for opting to receive communications from the Company via publication on our website. This letter is to notify you that the 2020 Annual Integrated Report (which includes the financial statements for the period ending 31 October 2020) and Notice of the 2021 AGM have been published on our website and are available atwww.crestnicholson.com/investor-relations/shareholder-centre. I would draw your specific attention to the details for this year's AGM.

The 2021 AGM is to be held on 23 March 2021 at Crest House, Pyrcroft Road, Chertsey, Surrey KT16 9GN starting at 2.00 p.m. In light of the COVID-19 pandemic, we have decided, as is permitted by the Corporate Insolvency and Governance Act 2020 (as amended), that the meeting will be held as a closed meeting and shareholders must not attend in person. The AGM will be held with only the minimum number of attendees who are essential for the conduct of the business of the AGM. These attendees will be Company employees. To ensure everyone's safety no other shareholders will be permitted entry to the AGM.

Participating in the AGM

Please find enclosed a copy of your Form of Proxy which will enable you to vote on the resolutions detailed in the Notice of the AGM. The Form of Proxy should be returned so as to be received by the Company's Registrars, EQ (formerly Equiniti), Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA as soon as possible and in any event by no later than 2.00 p.m. on Friday, 19 March 2021.

Alternatively, if you would prefer to appoint your proxy electronically, you may do so by logging onto the Registrars' websitewww.sharevote.co.ukusing the Voting ID, Task ID and Shareholder Reference Number printed on your Form of Proxy. Members who have already registered with the Registrars' online portfolio service Shareview can submit a proxy by logging into their profile at www.shareview.co.ukand clicking on the link to vote. Please note that the deadline for receipt by our Registrars of all proxy appointments is 2.00 p.m. on Friday, 19 March 2021.

Shareholders are invited to listen to the proceedings of the AGM via conference call, details are as follows:

Dial in number: [phone]

Password: 675988

Shareholders are advised to allow up to 15 minutes prior to the call to access the service and register.

Engagement with our shareholders remains important to us and arrangements have been made so that shareholders can participate in the AGM by submitting questions in advance. Any specific questions on the business of the AGM and on the resolutions can be submitted ahead of the AGM by email [e-mail]. Responses to relevant questions submitted by 5.00 p.m. on 9 March 2021 will be provided by way of a written Q&A, grouped into themes, posted on the Company's website no later than 5.00 p.m. on 16 March 2021 to enable shareholders to have time to consider the responses to questions ahead of the voting deadline on 19 March 2021. The answers to questions received after 9 March 2021 up until the conclusion of our AGM will be published on the Company's website as soon as practicable after the AGM.

Any changes to the AGM arrangements will be communicated to shareholders before the AGM through our websitewww.crestnicholson.com/investor-relations/shareholder-centreand, where appropriate, by regulatory announcement.

Questions about your shareholding

EQ are the Company's share registrars and you should contact them in the first instance if you have any queries about this letter or your shareholding. You can contact EQ by telephone on 0371 384 2183 (from outside the UK [phone]). Lines are open 8.30 a.m. to 5.30 p.m. Monday to Friday (excluding public holidays in England and Wales), or write to EQ at Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA.

Yours sincerely,

IAIN FERGUSON CBE Chairman

Crest Nicholson Holdings plc

Crest House, Pyrcroft Road, Chertsey, Surrey KT16 9GN T: 01932 580 555

Registered Office: Crest House, Pyrcroft Road, Chertsey, Surrey KT16 9GN Registered in England and Wales under number 06800600