Anglian Water Services Financing Plc – Anglian Water announces intention to discontinue rating coverage by Standard & Poor’s

10 February 2026

Anglian Water Services Financing Plc (the «Company») announces that it has
notified S&P Global Rating Europe Limited («S&P») of its intention to
discontinue the engagement of S&P as one of its external credit rating agencies
providing ratings coverage.

The intention to discontinue the ratings coverage from S&P is, and remains,
subject to the successful redemption in full of the £200,000,000 6.625 per cent.
Guaranteed Bonds due 2029 (ISIN: XS0093312550) issued by the Company in
accordance with their terms and conditions (the «Bonds»), which include a
requirement to maintain rating coverage from S&P for so long as the Bonds are
outstanding.

At the date of this announcement, S&P provides ratings coverage in respect of
the Company’s class A secured debt at BBB (stable).

The proposed discontinuance follows an internal review of the resource demands
involved in supporting a third rating. The Company will continue to maintain its
ratings coverage from Fitch Ratings Ltd and Moody’s Investor Services Limited,
which are A- (stable) and Baa1 (stable), respectively.

Subject to the redemption in full of the Bonds, the Company will work with S&P
to manage an orderly discontinuance of its ratings coverage. The existing S&P
rating will remain in place until it is formally withdrawn by S&P.

The proposed discontinuance of ratings coverage from S&P is not expected to have
any impact on the Company’s financing arrangements, regulatory commitments or
ongoing engagement with debt investors.

For further information, please contact:

Jenny Burke, Investor Relations Manager

[email protected] / [email protected]

Anglian Water Services Financing Plc LEI: 213800DL377MH46PDY63

This information was brought to you by Cision http://news.cision.com
https://news.cision.com/anglian-water-services-financing-plc/r/anglian-water-announces-intention-to-discontinue-rating-coverage-by-standard—poor-s,c4305296