Board Changes & Related Party Transaction

DP Poland PLC

("DP Poland", the "Company" or the "Group")

Board Changes & Related Party Transaction

DP Poland, the operator of Domino's pizza stores and restaurants across Poland and Croatia, announces that as a result of Andrew Rennie's appointment as an Executive Director of Domino's Pizza Group Plc., he will resign from the Board of DP Poland as a Non-executive Director with effect from 1 October 2023.

Andrew is joining Domino's Pizza Group Plc., who operate and franchise Domino's stores in the UK and the Republic of Ireland, as Chief Executive Officer with effect from 1 August 2023. Given these new executive responsibilities Andrew will be standing down to allow complete focus on his new role. As a result of his resignation the Board have agreed that Andrew will no longer subscribe for a further 3,191,489 Second Subscription Shares at 8 pence, as contemplated following the acquisition of All About Pizza d.o.o on 29 July 2022 (the "Waiver"). Andrew will remain a committed and supportive shareholder in respect of his current 2% shareholding in the Company.

Andrew Rennie's share options will cease vesting when he leaves the Board at the beginning of October 2023, with full details provided in the 2023 Annual Report.

The Board will commence a process to identify a replacement independent Non-Executive Director.

Statement from Andrew Rennie, Non-Executive Director of DP Poland:

"It's been fantastic to be part of the DP Poland team. Poland is one of the fastest growing Domino's markets globally in 2023. I have worked with Nils Gornall in Domino's businesses for more than 20 years and I believe that under his leadership the company is on the right track. David Wild also has extensive experience of the Domino's brand across different markets and I am confident in their ability to deliver value for customers and shareholders. I look forward as a committed shareholder to seeing our strategy executed to capitalise on the huge opportunities in front of the business."

Statement from David Wild, Chairman of DP Poland:

"On behalf of the Board, I'd like to thank Andrew for his significant contribution to the Company over the past year. His long history with the Domino's brand in different geographies has been instrumental in helping set DP Poland on the positive trajectory seen today. We wish him all the best in his new executive role at Domino's Pizza Group Plc and his continued involvement as a shareholder in DP Poland."

Related Party Transaction

Andrew Rennie is a Non-Executive Director of DP Poland and accordingly the Waiver is classified as a related party transaction pursuant to the AIM Rules for Companies. The directors of the Company, excluding Andrew Rennie, having consulted with Singer Capital Markets, the Company's Nominated Adviser, consider that the terms of the Waiver are fair and reasonable insofar as the Company's shareholders are concerned.

Enquiries:

DP Poland plc   

Nils Gornall, CEO

Tel: +44 (0) 20 3393 6954

Email: [email protected] 

Singer Capital Markets (Nominated Adviser and Broker)

Shaun Dobson / Jen Boorer

Tel: +44 (0) 20 7496 3000

Notes for editors

About DP Poland plc

DP Poland has the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in Poland and Croatia. The group operates 117 stores and restaurants throughout cities and towns in Poland and Croatia.