Tesco PLC

12 August 2022

Tesco PLC

Transaction in own shares

Tesco PLC (the "Company") announces that on 12 August 2022 it has purchased, in accordance with the authority granted by shareholders at the 2022 Annual General Meeting of the Company, the following number of ordinary shares of 6 1/3 pence pursuant to its previously announced up to £750 million share buyback programme.

The purchased shares will be cancelled.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 7,489,539,049. The Company does not hold any ordinary shares in Treasury.

The figure of 7,489,539,049 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), a full breakdown of the individual purchases is attached to this announcement.

Further enquiries:

Investor relations:        Chris Griffith               01707 940 900

Company Secretary:  Robert Welch              07793 222 569

Media:                                                             0330 678 0639

Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46