Notice of proposed payment out of capital for purchase of own shares

MODULAR 500 LIMITED

(Company Number 07288276)

Registered office: Chelwood House Malpas Road, Tilston, Malpas, Cheshire SY14 7HH

Pursuant to section 719 of the Companies Act 2006 (CA 2006), MODULAR 500 LIMITED (Company) hereby gives notice that:

• The Company has approved, by special resolution passed on 31 January 2025 a payment out of capital for the purpose of acquiring 85 of its own B shares of £1-00 each by purchase.

• The amount of the permissible capital payment (as defined in section 710 of the CA 2006) for the shares in question is £270,000.

• The directors' statement and the auditors' report required by section 714 of the CA 2006 are available for inspection at the Company's registered office as stated above.

• Any creditor of the Company may at any time within the five weeks immediately following the date of the said special resolution apply to the court under section 721 of the CA 2006 for an order preventing the payment out of capital.

Signed by Directors

Anthony Lucas

Matthew Taylor

David Wadsworth