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The contents of this announcement have been prepared by and are the sole responsibility of Drax Group plc (the Company ). RBC Europe Limited ( RBC ), which is authorised by the Prudential Regulation Authority (the PRA ) and regulated in the United Kingdom by the Financial Conduct Authority ( FCA ) and the PRA, is acting exclusively for the Company and for no one else in connection with the Acquisition, the content of this announcement and other matters described in this announcement and will not regard any other person as its clients in relation to the Acquisition, the content of this announcement and other matters described in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for providing advice to any other person in relation to the Acquisition, the content of this announcement or any other matters referred to in this announcement.