Inspired entered into a new £60.0 million revolving credit facility agreement (the "Facility") with Santander UK plc and Bank of Ireland plc (the "Banks"), replacing its current £60.0 million facility ("Existing Facility") with the Banks which was due to mature in October 2024. Three-year term until October 2026 with options to enable the Group to extend the term until October 2028. Size of the Facility is the same as the Existing Facility, £60 million, with an additional £25.0 million accordion option.

Reaffirmation of the long-term support from Santander and Bank of Ireland, who have been working with the Group since 2013 and 2019 respectively. Interest Cover* is not to be less than 4.00:1.00 during the term of the Facility; and Adjusted Net Leverage** is increased covenant headroom to not exceed 2.75:1.00 initially with covenant ratio tapering to 2.00:1.00 in the final year of the initial three-year term, in line with the Board's ambition to reduce Adjusted Leverage to below 1.00:1.00. Margin spread over SONIA is broadly in line with the Existing Facility reflecting the current interest rate environment and the margin scales down according to the level of Adjusted Net Leverage, aligning to the Board's ambition to reduce Adjusted Net Leverage significantly over the term of the facility.