Chapel Down Group plc

("Chapel Down" or "the Company")

EPIC: CDGP

Appointment of new Chief Financial Officer

Trading Update

Notice of Results

Following the announcement made on 1 December 2021, Chapel Down today announces the appointment of Robert Smith as Chief Financial Officer to our Board of Directors and Executive Leadership team (ELT).

Robert will join us from PriceWaterhouseCoopers, where most recently he has led the UK & EMEA Finance Transformation practice and has had a number of senior leadership roles spanning a 13 year period as a Partner. Robert has 29 years' experience in Finance, is a Chartered Accountant and a proven leader within the Finance community with a history of building strong enduring relationships, leading and inspiring diverse teams and managing large scale finance transformation programmes.

Robert is well placed to lead the Chapel Down finance team: the transformational work on the delivery of our future investment in a new winery and vineyards; the management of our future capital strategy and investor relationships; implementing our new ERP systems; providing valuable and timely insights to our commercial & operations teams; and partner with our CEO on future industry growth  opportunities. Robert is a long-term shareholder in Chapel Down and passionate about the development of the English Wine industry.

He will commence his role on 1 September 2022 and in order to ensure a complete handover through the summer of 2022, Richard Woodhouse, our current Chief Financial Officer & Chief Operating Officer will remain in position until the end of August 2022.

Robert's announcement completes the appointments and changes to the Chapel Down ELT and he will work alongside the team in the delivery of our vision to be the No 1 and most celebrated English winemaker:

-      Andrew Carter, Chief Executive Officer

-      Mark Harvey, Chief Marketing Officer

-      Tom Hepworth, Sales Director

-      Josh Donaghay-Spire, Operations Director & Head Winemaker

-      Tamsin Webster, People Director.

Trading update

Our 2021 annual results will be announced on the 25 April 2022. The Board confirms that Chapel Down's trading performance during Q4 was strong and in line with expectations.