Ferguson Enterprises Inc. President and Chief Executive Officer Kevin Murphy has adopted a Rule 10b5-1 trading plan to sell shares acquired through various company equity awards. The plan allows for the sale of up to 65% of the net shares delivered under these awards, which are the shares remaining after the deduction of any shares withheld to satisfy applicable tax withholding obligations. The first trading date under this arrangement will occur no earlier than 90 days after the publication of this announcement.

The Rule 10b5-1 plan covers shares beneficially owned by Murphy in connection with the vesting or settlement of specific equity awards. These include his 2023 performance award granted under the Ferguson Enterprises Inc. Long Term Incentive Plan 2019, as well as his 2023 performance award, 2023 RSU award, 2024 RSU award, and 2025 RSU award, all granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. The common stock covered by the plan has a par value of $0.0001 each and an ISIN of US31488V1070.

The trading plan is scheduled to expire on December 8, 2026, unless it is terminated earlier in accordance with its terms. Termination circumstances include the execution of all trades specified in the plan, an election by the person discharging managerial responsibility (PDMR), or action by the broker in specified circumstances. The transaction was executed outside a trading venue.

Under the terms of the plan, it remains revocable and modifiable during an open period. This initial notification is provided in accordance with the requirements of the EU Market Abuse Regulation, as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018.

Key Details of the Rule 10b5-1 Plan