NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN

PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM AUSTRALIA,

CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION

WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

This announcement is an advertisement for the purposes of the Prospectus Regulation

Rules of the Financial Conduct Authority ("

FCA

") and is not a prospectus and not an

offer of shares for sale in any jurisdiction, including in or into Australia, Canada, Japan or

the United States.

Neither this announcement, nor anything contained herein, shall form the basis of, or be

relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.

Investors should not subscribe for or purchase any shares referred to in this announcement

except solely on the basis of the information contained in the prospectus (together with

any supplementary prospectus, if relevant, the "

Prospectus"),

including the risk factors

set out therein, published by Darktrace plc on 30 April 2021 in connection with the offer

of ordinary shares in the capital of the Company (the "

Shares")

and the admission of such

Shares to the premium listing segment of the Official List of the FCA

and to trading on

the main market of London Stock Exchange plc (the "

London Stock Exchange").

A

copy of any Prospectus is available on Darktrace's website at www.darktrace.com subject

to certain access restrictions.

6 May 2021

Darktrace plc

Admission to Trading on the London Stock Exchange

Further to the announcements on 30 April 2021 and 4 May 2021 in connection with its

initial public offering, the Company announces that its entire issued ordinary share capital,

consisting of 697,630,127 Shares, has today been admitted to the premium listing segment

of the Official List of the Financial Conduct Authority and to trading on the London Stock

Exchange's main market for listed securities under the ticker "DARK".

Following Admission, the Company's employee benefit trust will hold 54,866,296 Shares,

and the share capital of the Company will consist of 697,630,127 Shares, each with one

vote. The Company does not hold any Shares in treasury. Therefore, the total voting rights

figure of 697,630,127 may be used by shareholders 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 FCA's Disclosure and Transparency

Rules.

Enquiries:

Brunswick (Public Relations adviser to the Company)

Charles Pretzlik / Caroline Daniel

+44 (0)20 7404 5959

DARKTRACE@brunswickgroup.com

Joint Global Co-ordinators and Joint Bookrunners

Jefferies (Sole Sponsor)

Simon Hardy / Dominic Lester / Luca Erpici (Equity Syndicate) / Nandan Shinkre / Will

Soutar

+44 (0)207 029 8000

Berenberg

Chris Bowman / Alex Reynolds / Andy Bickerton (Equity Syndicate) / Mark Whitmore /

Jen Clarke

+44 (0)203 207 7800

KKR Capital Markets

David Bauer / Lauren Hahn / Eric Han

+1 646 627 0270

Joint Bookrunners

Needham

Matt Castrovince

+1 212 705 0458

Piper Sandler

Matthew Wolfe

+1 415 369 7298

Important legal information

The information contained in this announcement is for background purposes only and

does not purport to be full or complete. No reliance may be placed by any person for any

purpose on the information contained in this announcement or its accuracy, fairness or

completeness.

This announcement is not for publication or distribution, directly or indirectly, in or into

Australia, Canada, Japan or the United States (including its territories and possessions,

any State of the United States and the District of Columbia) or any other jurisdiction

where to do so would constitute a violation of the relevant laws of such jurisdiction. The

distribution of this announcement may be restricted by law in certain jurisdictions and

persons into whose possession any document or other information referred to herein

comes should inform themselves about and observe any such restriction. Any failure to

comply with these restrictions may constitute a violation of the securities laws of any such

jurisdiction.

This announcement does not constitute or form a part of any offer or solicitation to

purchase or subscribe for, or otherwise invest in, shares to any person in Australia,

Canada, Japan or the United States (including its territories and possessions, any State of

the United States and the District of Columbia) or in any jurisdiction to whom or in which

such offer or solicitation is unlawful. Any shares referred to herein may not be offered or

sold in the United States unless registered under the Securities Act except pursuant to a

transaction exempt from, or not subject to, the registration requirements of the Securities

Act. The Offer and sale of Shares referred to herein has not been and will not be registered

under the Securities Act or under the applicable securities laws of Australia, Canada or

Japan. Subject to certain exceptions, the Shares referred to herein may not be offered or

sold in Australia, Canada or Japan or to, or for the account or benefit of, any national,

resident or citizen of Australia, Canada or Japan. There will be no public offer of the

Shares in Australia, Canada, Japan, the United States or elsewhere.

In the United Kingdom, this announcement is being distributed only to, and is directed

only at, persons who: (A) (i) are "investment professionals" specified in Article 19(5) of

the Financial Services and Markets Act (Financial Promotion) Order 2005 (the "Order")

and/or (ii) fall within Article 49(2)(a) to (d) of the Order (and only where the conditions

contained in those Articles have been, or will at the relevant time be, satisfied); and (B)

are "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation

(Regulation (EU) 2017/1129) as it forms part of UK law by virtue of the European Union

(Withdrawal) Act 2018 (all such persons together being referred to as "Relevant

Persons"). In the European Economic Area (the "EEA"), this announcement is addressed

only to and directed only at, persons in member states who are "qualified investors" within

the meaning of Article 2(e) of the Prospectus Regulation (Regulation ((EU) 2017/1129)

("Qualified Investors"). This announcement must not be acted on or relied on (i) in the

United Kingdom, by persons who are not Relevant Persons, and (ii) in any member state

of the EEA, by persons who are not Qualified Investors. Any investment or investment

activity to which this announcement relates is available only to: (i) in the United

Kingdom, Relevant Persons; and (ii) in any member state of the EEA, Qualified Investors,

and will be engaged in only with such persons.

This announcement may include statements that are, or may be deemed to be, "forward-

looking statements". These forward-looking statements may be identified by the use of

forward-looking terminology, including the terms "believes", "estimates", "plans",

"projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case,

their negative or other variations or comparable terminology, or by discussions of strategy,

plans, objectives, goals, future events or intentions. These statements reflect beliefs of the

Directors (including based on their expectations arising from pursuit of the Group's

strategy) as well as assumptions made by the Directors and information currently

available to the Group. Although the Directors consider that these beliefs and assumptions

are reasonable, by their nature, forward-looking statements involve known and unknown

risks, uncertainties, assumptions and other factors that may cause the Group's actual

financial condition, results of operations, cash flows, liquidity or prospects to be

materially different from any future such metric expressed or implied by such statements.

Past performance cannot be relied upon as a guide to future performance and should not

be taken as a representation that trends or activities underlying past performance will

continue in the future. Forward-looking statements speak only as of the date they are

made. No representation is made or will be made that any forward-looking statements will

come to pass or prove to be correct.

Each of the Company, Jefferies International Limited, Joh. Berenberg, Gossler & Co. KG,

London Branch, KKR Capital Markets

Partners LLP

, Needham & Company, LLC and

Piper Sandler & Co. and their respective affiliates as defined under Rule 501(b) of

Regulation D under the Securities Act ("affiliates"), expressly disclaims any obligation or

undertaking to update, review or revise any forward-looking statement contained in this

announcement whether as a result of new information, future developments or otherwise.

Any subscription or purchase of Shares in the Offer should be made solely on the basis of

information contained in the Prospectus published by the Company on 30 April 2021 in

connection with the Offer. The information in this announcement is subject to change.

Before subscribing for or purchasing any Shares, persons viewing this announcement

should ensure that they fully understand and accept the risks set out in the Prospectus. No

reliance may be placed for any purpose on the information contained in this

announcement or its accuracy or completeness. This announcement does not form part of

or constitute any offer or invitation to sell or issue, or any solicitation of any offer to

purchase or subscribe for any Shares or any other securities nor shall it (or any part of it)

or the fact of its distribution, form the basis of, or be relied on in connection with, any

contract therefor.

You should not base any financial decision on this announcement. Acquiring investments

to which this announcement relates may expose an investor to a significant risk of losing

all of the amount invested.

Persons considering making investments should consult an authorised person specialising

in

advising

on

such

investments.

This

announcement

does

not

constitute

a

recommendation concerning the Offer. The value of shares can decrease as well as

increase. Potential investors should consult a professional advisor as to the suitability of

the Offer for the person concerned. Nothing contained herein constitutes or should be

construed as (i) investment, tax, financial, accounting or legal advice or a representation

that any investment or strategy is suitable or appropriate to your individual circumstances.

Unless otherwise indicated, market, industry and competitive position data are estimates

(and accordingly, approximate) and should be treated with caution. Such information has

not been audited or independently verified, nor has the Group ascertained the underlying

economic assumptions relied upon therein. Certain data in this announcement, including

financial, statistical and operating information has been rounded. As a result, the totals of

data presented in this announcement may vary slightly from the actual arithmetic totals of

such data. Percentages may have been rounded and accordingly may not add up to 100%.

For the avoidance of doubt, the contents of the Company's website are not incorporated by

reference into, and does not form part of, this announcement.

None of Jefferies International Limited, Joh. Berenberg, Gossler & Co. KG, London

Branch, KKR Capital Markets

Partners LLP

, Needham & Company, LLC and Piper

Sandler & Co. or any of their respective affiliates or any of their or their affiliates'

directors, officers, employees, advisers or agents accepts any responsibility or liability

whatsoever for/or makes any representation or warranty, express or implied, as to the

truth, accuracy or completeness of the information in this announcement (or whether any

information has been omitted from the announcement) or any other information relating to

the Company, its subsidiaries or associated companies, whether written, oral or in a visual

or electronic form, and howsoever transmitted or made available or for any loss

howsoever arising from any use of the announcement or its contents or otherwise arising

in connection therewith.

Each of Jefferies International Limited, Joh. Berenberg, Gossler & Co. KG, London

Branch, KKR Capital Markets

Partners LLP

, Needham & Company, LLC and Piper

Sandler & Co. is acting exclusively for the Company and no one else in connection with

the Offer. They will not regard any other person as their respective clients in relation to

the Offer and will not be responsible to anyone other than the Company for providing the

protections afforded to their respective clients, nor for providing advice in relation to the

Offer, the contents of this announcement or any transaction, arrangement or other matter

referred to herein.

In connection with the withdrawal of the United Kingdom from the European Union,

Jefferies International Limited, Joh. Berenberg, Gossler & Co. KG, London Branch, KKR

Capital Markets

Partners LLP

, Needham & Company, LLC and Piper Sandler & Co.

may, at their discretion, undertake their obligations in connection with the Offer by any of

their affiliates based in the European Economic Area.

Each of Jefferies International Limited and KKR Capital Markets

Partners LLP

is

authorised by the Prudential Regulation Authority and regulated by the Prudential

Regulation Authority and the Financial Conduct Authority in the United Kingdom. Joh.

Berenberg, Gossler & Co. KG, London Branch is authorised and regulated by the German

Federal Financial Supervisory Authority and is deemed authorised under the Temporary

Permissions Regime and subject to limited regulation by the FCA in the United Kingdom.

Each of Needham & Company, LLC and Piper Sandler & Co. is authorised and regulated

by the US Securities and Exchange Commission and the Financial Industry Regulatory

Authority.

In connection with the Offer, Jefferies International Limited, Joh. Berenberg, Gossler &

Co. KG, London Branch, KKR Capital Markets

Partners LLP

, Needham & Company,

LLC and Piper Sandler & Co. and any of their respective affiliates, may take up a portion

of the Shares as a principal position and in that capacity may retain, purchase, sell, offer to

sell or otherwise deal for their own accounts in such Shares and other securities of the

Company or related investments in connection with the Offer or otherwise. Accordingly,

references in the Prospectus, once published, to the Shares being issued, offered,

subscribed, acquired, placed or otherwise dealt in should be read as including any issue or

offer to, or subscription, acquisition, placing or dealing by Jefferies International Limited,

Joh. Berenberg, Gossler & Co. KG, London Branch, KKR Capital Markets

Partners

LLP

, Needham & Company, LLC and Piper Sandler & Co. and any of their respective

affiliates acting in such capacity. In addition, Jefferies International Limited, Joh.

Berenberg, Gossler & Co. KG, London Branch, KKR Capital Markets

Partners LLP

,

Needham & Company, LLC and Piper Sandler & Co. and any of their respective affiliates

may enter into financing arrangements (including swaps or contracts for differences) with

investors in connection with which they may from time to time acquire, hold or dispose of

Shares. None of Jefferies International Limited, Joh. Berenberg, Gossler & Co. KG,

London Branch, KKR Capital Markets

Partners LLP

, Needham & Company, LLC and

Piper Sandler & Co. nor any of their respective affiliates intend to disclose the extent of

any such investment or transactions otherwise than in accordance with any legal or

regulatory obligations to do so.

In connection with the Offer, Jefferies International Limited, as stabilisation manager, or

any of its agents, may (but will be under no obligation to), to the extent permitted by

applicable law, over-allot Shares or effect other transactions with a view to supporting the

market price of the Shares at a level higher than that which might otherwise prevail in the

open market. Jefferies International Limited is not required to enter into such transactions

and such transactions may be effected on any stock market, over-the-counter market, stock

exchange or otherwise and may be undertaken at any time during the period commencing

on the date of commencement of conditional dealings of the Shares on the London Stock

Exchange and ending no later than 30 calendar days thereafter. However, there will be no

obligation on Jefferies International Limited or any of its agents to effect stabilising

transactions and there is no assurance that stabilising transactions will be undertaken.

Such stabilising measures, if commenced, may be discontinued at any time without prior

notice. In no event will measures be taken to stabilise the market price of the Shares above

the Offer Price. Save as required by law or regulation, neither Jefferies International

Limited nor any of its agents intends to disclose the extent of any over-allotments made

and/or stabilisation transactions conducted in relation to the Offer.

In connection with the Offer, Jefferies International Limited, as stabilisation manager,

may, for stabilisation purposes, over-allot Shares up to a maximum of 15% of the total

number of Shares comprised in the Offer. For the purposes of allowing it to cover short

positions resulting from any such over-allotments and/or from sales of Shares effected by

it during the stabilisation period, Jefferies International Limited will enter into over-

allotment arrangements with the Company pursuant to which Jefferies International

Limited may subscribe or procure subscribers for additional Shares up to a maximum of

15% of the total number of Shares comprised in the Offer (the "Over-Allotment Shares")

at the Offer Price. The over-allotment arrangements will be exercisable in whole or in

part, upon notice by Jefferies International Limited, at any time on or before the 30

th

calendar day after the commencement of conditional trading of the Shares on the London

Stock Exchange. Any Over-Allotment Shares made available pursuant to the over-

allotment arrangements, including for all dividends and other distributions declared, made

or paid on the Shares, will be subscribed for on the same terms and conditions as the

Shares being issued or sold in the Offer and will form a single class for all purposes with

the other Shares.

Information to Distributors

Solely for the purposes of the product governance requirements of Chapter 3 of the FCA

Handbook Product Intervention and Product Governance Sourcebook (the "UK Product

Governance Requirements"), and disclaiming all and any liability, whether arising in tort,

contract or otherwise, which any "manufacturer" (for the purposes of the UK Product

Governance Requirements) may otherwise have with respect thereto, the Shares have been

subject to a product approval process, which has determined that the Shares are: (i)

compatible with an end target market of retail investors and investors who meet the

criteria of professional clients and eligible counterparties, each defined in paragraph 3 of

the FCA Handbook Conduct of Business Sourcebook; and (ii) eligible for distribution

through all permitted distribution channels (the "Target Market Assessment").

Notwithstanding the Target Market Assessment, "distributors" (for the purposes of the UK

Product Governance Requirements) should note that: the price of the Shares may decline

and investors could lose all or part of their investment; the Shares offer no guaranteed

income and no capital protection; and an investment in the Shares is compatible only with

investors who do not need a guaranteed income or capital protection, who (either alone or

in conjunction with an appropriate financial or other adviser) are capable of evaluating the

merits and risks of such an investment and who have sufficient resources to be able to

bear any losses that may result therefrom. The Target Market Assessment is without

prejudice to any contractual, legal or regulatory selling restrictions in relation to the Offer.

Furthermore, it is noted that, notwithstanding the Target Market Assessment, Jefferies

International Limited, Joh. Berenberg, Gossler & Co. KG, London Branch, KKR Capital

Markets

Partners LLP

, Needham & Company, LLC and Piper Sandler & Co. will only

procure investors who meet the criteria of professional clients and eligible counterparties.

For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an

assessment of suitability or appropriateness for the purposes of Chapters 9A or 10A

respectively of the FCA Handbook Conduct of Business Sourcebook; or (b) a

recommendation to any investor or group of investors to invest in, or purchase, or take

any other action whatsoever with respect to the Shares.

Each distributor is responsible for undertaking its own target market assessment in respect

of the Shares and determining appropriate distribution channels.