New Chief Executive Officer

RNS Number : 8981Q

Paragon Treasury PLC

23 February 2023

Paragon Treasury Plc's parent company, Paragon Asra Housing Limited ('PA Housing'), makes the following announcement.

Further to our previous announcement on 16 December 2022, the Board of PA Housing is pleased to confirm that Michael McDonagh has been appointed Chief Executive Officer permanently. Michael has extensive experience of the social housing sector having been an advisor to some of the biggest housing associations in England with over 20 years at KPMG, latterly as Chief Operating Officer of KPMG. He is also Non-Executive Deputy Chair of Housing 21.

PA Housing and the wider social housing sector face a number of important challenges which the Board is determined to address. Michael's permanent appointment ensures that this work can continue with no interruption to business leadership.

Please contact our Resources Director Simon Hatchman for further information.

email [email protected]

Direct tel 07720 087108

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOADZGZZKFVGFZM