9^th April 2024

CHESNARA plc

("Chesnara", "the Company" or the "Group")

CHANGE OF DIRECTORSHIP

Listing Rule 9.6.11R - Notification of Board Changes and Directors Details

In accordance with Listing Rule 9.6.11R, the Company advises that Mark Hesketh, Independent Non-Executive Director of Chesnara plc, will be stepping down from the Board of Chesnara plc with immediate effect.[1]

Mark Hesketh will be appointed also with immediate effect, to the role of Chair of the Board of the Company's  UK business Countrywide Assured plc. Countrywide Assured plc is a wholly owned subsidiary of Chesnara plc.

There is no further information which would require disclosure under 9.6.11R of the Listing Rules. 

For further information, please contact:

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - [email protected]

Media Enquiries

Roddy Watt

Director, Capital Markets

FWD

T - 020 7280 0651 / 07714 770 493 

E - [email protected]

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange.  It administers approximately one million policies and operates as Countrywide Assured and CASLP in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three-pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in Sweden, the Netherlands and the UK as well as by undertaking value-adding acquisitions of either companies or portfolios.

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 19 years in succession.

Further details are available on the Company's website (www.chesnara.co.uk).