Associated British Foods plc (the 'Company') announces that on 25 May 2023 it purchased for cancellation from Credit Suisse International ('CS') the following number of its ordinary shares of 5 15/22 pence each pursuant to the authority granted by its shareholders as part of its share repurchase programme, details of which were announced on 9 November 2022 and 28 April 2023.

Description of shares:

Associated British Foods plc

Ordinary shares of 5 15/22 pence

Date of transaction: 25 May 2023

Number of shares repurchased: 177,368

Average price paid per share: GBp 1,840.6522

Highest price paid per share: GBp 1,855.5000

Lowest price paid per share: GBp 1,836.5000

The Company intends to cancel these Shares.

All shares were purchased from CS as an on exchange transaction subject to the rules of the London Stock Exchange.

The table below contains detailed information of the individual trades made by CS as part of the buyback programme.

Schedule of purchases

Shares purchased: Associated British Foods plc (ISIN: GB0006731235)

Date of purchases: 25 May 2023

Investment firm: Credit Suisse International

Contact:

T: +44 (0) 20 7399 6500

Ray Cahill

Director of Corporate Governance

Paul Lister

Company Secretary

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