6^th June 2025

CHESNARA Plc

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

DIRECTORATE CHANGES

Chesnara Plc (CSN.L) announces that Karin Bergstein has stepped down as an Independent Non-Executive Director of the Company with immediate effect. Karin joined the Board in February 2022 and was a member of the Nomination & Governances Committee as well as the Audit & Risk Committee.

The Company is pleased to announce that Samantha "Sam" Tymms has been appointed with immediate effect as an Independent Non-Executive Director of Chesnara Plc. Sam has also been appointed as a member of the Nomination & Governance Committee and Audit & Risk Committee.

An experienced NED and advisor to the boards and executives of global financial services businesses, Sam is also a former UK regulator with experience of international regulators, professional and industry bodies.  She also brings commercial experience from roles with Promontory Financial Group (IBM). Sam is also a NED at Julius Baer International Ltd where she chairs the Audit & Risk Committee and is a member of the Governance and Appointments Committee at the Institute of Chartered Accountants in England & Wales. She has previously been a NED at DWF plc and IG Group plc.

Luke Savage, Chair of Chesnara Plc, commented:

"Karin, with her wealth of knowledge of the Group, strategic insight and M&A as well as her experience in the Dutch insurance markets has made a strong contribution to the Board. I want to thank her for her support over the last three years at Chesnara Plc and we wish her all the best in the future.

I am delighted to be welcoming Sam onto the Board.  She brings a significant experience to the Chesnara Group and will be a valuable addition to the Board as Chesnara continues to deliver against its strategic ambitions."

For further information, please contact:

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - [email protected]

Media Enquiries

Misha Bayliss - +44 20 7427 5465

Oscar Burnett - +44 20 7427 5435

Teneo

E - [email protected]

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange.  It administers just under one million policies and operates as Countrywide Assured 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 the UK, Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 20 years in succession.

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