23.5 DEGREES

23.5 Degrees Limited was Starbucks’ first franchisee globally. Having opened our first store in February 2013, 23.5 Degrees currently operates 42 stores with a current pipeline of 35 further stores approved and under development. We have a developmental territory covering Oxfordshire, Berkshire, Hampshire, Wiltshire, Cambridgeshire, Norfolk, Hertfordshire, Essex, Dorset in the South and East Anglia as well as Lancashire, Yorkshire, Cumbria and Northumberland in the North of England. Managing Director, Mark Hepburn, has a track record of significant success in food service franchise businesses, including Burger King and KFC and our business growth is supported by private equity firm Connection Capital as well as RBS.