PRESS RELEASE

Release date:                25 September 2023

Embargoed until:           Immediate release 

CLS Holdings plc ("CLS" or the "Group")

Directorate Change

Appointment of independent Non-Executive Director

CLS announces the appointment of Eva Lindqvist as an independent Non-executive Director with effect from 22 September 2023. She has also been appointed to CLS's Audit and Remuneration Committees.

Eva spent 20 years with Ericsson in progressively senior roles, focusing on strategy, business development and international sales.  In 2000 she joined the Scandinavian telecommunications company Telia Sonera, being Senior Vice President, Marketing Products and Services for its mobile telecoms division, before becoming Chief Executive of Telia Sonera's international carrier.  In 2007, she was appointed CEO of Xelerated Holdings AB, an international technology company, where she held the position until 2011.

She is current a non-executive director of Tele2 AB; Greencoat Renewables plc, where she is a member of their Audit, Management Engagement, Nomination and Remuneration Committees; Keller Group plc, where she chairs the Remuneration Committee and is a member of the Audit and Risk, Nomination and Governance and Sustainability Committees.

She is a member of the Royal Swedish Academy of Engineering Sciences.

There are no further matters to be disclosed under LR9.6.13R of the Listing Rules of the UK Listing Authority.

CLS further announces that Denise Jagger, Non-Executive Director, will step down from the Board on 31 December 2023, at which point Eva will become Chair of the Remuneration Committee.

Lennart Sten, Chairman of CLS, commented: 

"Eva brings extensive international management experience together with a thorough understanding of governance through her Listed company experience.  I welcome her to the Board and I look forward to working with her in the years ahead.

"I also thank Denise for her contribution to the Board over the last 4 years and I wish her well in her future endeavours."

For further information, please contact:

CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

www.clsholdings.com

Fredrik Widlund, Chief Executive Officer

Andrew Kirkman, Chief Financial Officer

+44 (0)20 7582 7766

Liberum Capital Limited

Richard Crawley

Jamie Richards

+44 (0)20 3100 2222

Panmure Gordon

Hugh Rich

+44 (0)20 7886 2733

Berenberg
Matthew Armitt
Richard Bootle
+44 (0)20 3207 7800

Edelman Smithfield (Financial PR)

Alex Simmons 

Hastings Tarrant

+44 (0)20 3047 2546