Unbound : Articles of Association

UNBOUND GROUP PLC

Incorporated on 15 July 1935

ARTICLES OF ASSOCIATION

(Adopted by Special Resolution passed on August 2022)

INDEX
Table of Contents
PRELIMINARY ...................................................................................................................................	4
BUSINESS ...........................................................................................................................................	6
SHARE CAPITAL ...............................................................................................................................	6
VARIATION OF RIGHTS...................................................................................................................	9
SHARE CERTIFICATES...................................................................................................................	10
LIEN ...................................................................................................................................................	11
CALLS ON SHARES AND FORFEITURE ......................................................................................	12
TRANSFER OF SHARES..................................................................................................................	14
TRANSMISSION OF SHARES ........................................................................................................	15
DISCLOSURE OF INTERESTS........................................................................................................	16
UNTRACED MEMBERS ..................................................................................................................	18
ALTERATION OF CAPITAL ...........................................................................................................	19
NOTICE OF GENERAL MEETINGS...............................................................................................	20
PROCEEDINGS AT GENERAL MEETINGS..................................................................................	21
AMENDMENTS TO RESOLUTIONS..............................................................................................	23
POLLS ................................................................................................................................................	24
VOTES OF MEMBERS.....................................................................................................................	25
PROXIES AND CORPORATE REPRESENTATIVES....................................................................	27
APPOINTMENT AND RETIREMENT OF DIRECTORS ...............................................................	29
DISQUALIFICATION AND REMOVAL OF DIRECTORS ...........................................................	31
ALTERNATE DIRECTORS..............................................................................................................	32
POWERS OF DIRECTORS ...............................................................................................................	33
DIRECTORS' REMUNERATION, GRATUITIES AND BENEFITS ..............................................	36
DIRECTORS' APPOINTMENTS AND INTERESTS ......................................................................	37
PROCEEDINGS OF DIRECTORS....................................................................................................	39
DIVIDENDS.......................................................................................................................................	43
Capitalisation of profits ......................................................................................................................	47
RECORD DATES ..............................................................................................................................	49

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NOTICES AND OTHER COMMUNICATIONS..............................................................................	49
ADMINISTRATION..........................................................................................................................	53
WINDING UP ....................................................................................................................................	56
INDEMNITY......................................................................................................................................	56
Power to indemnify directors..............................................................................................................	56

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ARTICLES OF ASSOCIATION

of

UNBOUND GROUP PLC

(adopted by special resolution passed on August 2022)

PRELIMINARY

Definitions

1.

(1)

In these articles the following words bear the following meanings:

"Acts" means the Companies Acts (as defined in section 2 of the Companies Act 2006), in so far as they apply to the Company;

"AIM" means the market of the same name operated by the London Stock Exchange plc;

"articles" means the articles of association of the Company;

"clear days" means in relation to the period of a notice, that period excluding the day when the notice is given or deemed to be given and the day for which it is given or on which it is to take effect;

"Deferred Shares" means the deferred shares of £0.24 each in the capital of the Company having the rights and being subject to the restrictions set out in articles 12 and 13;

"electronic address" means any number or address used for the purposes of sending or receiving notices, documents or information by electronic means;

"electronic form" has the same meaning as in the Acts;

"electronic means" has the same meaning as in the Acts;

"executed" means any mode of execution;

"holder" means in relation to shares, the member whose name is entered in the register of members as the holder of the shares;

"month" means calendar month;

"Office" means the registered office of the Company;

"Operator" means CREST Co Limited or such other person as may for the time being be approved by HM Treasury as Operator under the Uncertificated Securities Regulations;

"Operator-instruction" means a properly authenticated dematerialised instruction attributable to the Operator;

"Ordinary Shares" means ordinary shares of £0.01 each in the capital of the Company;

"relevant system" means a computer-based system and procedures, which enable 4

title to units of a security to be evidenced and transferred without a written instrument pursuant to the Uncertificated Securities Regulations;

"seal" means the common seal (if any) of the Company and an official seal (if any) kept by the Company by virtue of section 50 of the Companies Act 2006, or either of them as the case may require;

"secretary" means the secretary of the Company or any other person appointed to perform the duties of the secretary of the Company, including a joint, assistant or deputy secretary;

"Stock Exchange" means London Stock Exchange plc; and

"Uncertificated Securities Regulations" means the Uncertificated Securities Regulations 2001;

"year" means calendar year.

1. In these articles, references to a share being in uncertificated form are references to that share being an uncertificated unit of a security and references to a share being in certificated form are references to that share being a certificated unit of a security, provided that any reference to a share in uncertificated form applies only to a share of a class which is, for the time being, a participating security, and only for so long as it remains a participating security.
2. Save as aforesaid and unless the context otherwise requires, words or expressions contained in these articles have the same meaning as in the Companies Act 2006 or the Uncertificated Securities Regulations (as the case may be).
3. The expressions "debenture" and "debenture holder" shall respectively include "debenture stock" and "debenture stockholder".
4. The expression "secretary" shall include any person appointed by the directors to perform any of the duties of the secretary and where two or more persons are appointed to act as joint secretaries shall include any one of those persons.
5. All such of the provisions of these articles as are applicable to paid-up shares shall apply to stock, and the words "share" and "shareholder" shall be construed accordingly.
6. The expression "officer" shall include a director, manager and the secretary but shall not include an auditor.

1. Except where otherwise expressly stated, a reference in these articles to any primary or delegated legislation or legislative provision includes a reference to any modification or re-enactment of it for the time being in force.
2. In these articles, unless the context otherwise requires:
3. 1. words in the singular include the plural, and vice versa;
   2. words importing any gender include all genders; and
   3. a reference to a person includes a reference to a body corporate and to an unincorporated body of persons.
4. In these articles:
5. 1. references to writing include references to typewriting, printing,

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