23 November 2021

ENGAGE XR Holdings Plc

("ENGAGE XR" or the "Group")

Directorate Changes

ENGAGE XR Holdings Plc, a virtual reality ('VR') technology company, is pleased to announce the appointment of Mr John Kevin ("Kenny") Jacobs to the Board as an Independent Non-Executive Director with immediate effect. Furthermore, Non-Executive Director Harry Kloor will be stepping down from the Board with immediate effect.

Kenny has extensive expertise in sales, marketing, and customer insight.  He spent more than six years at Ryanair as Chief Marketing Officer, where he championed many successful customer service improvements. During his 20-year career, he has gained valuable experience working for major companies, including Accenture, Metro Cash & Carry, MoneySuperMarket, Procter & Gamble, and Tesco (Ireland), where he led the sales and marketing division.

Richard Cooper, Non-Executive Chairman, ENGAGE XR, said: "Kenny's wealth of experience in brand strategy and customer insight will be invaluable as we work to expand the global blue-chip client base of our proprietary software platform, ENGAGE. On behalf of the Board, I am delighted to welcome Kenny, in particular, as we prepare for the launch of our corporate metaverse in 2022, which will be a major milestone in the development of the Group.

"Finally, I would like to thank Harry for his support and wish him well in his future endeavours."

Kenny Jacobs said: "ENGAGE XR has built an impressive, high-quality client base, including working with global blue-chip companies, and I look forward to helping the Group to grow this. The launch of ENGAGE XR's planned metaverse is hugely exciting, and I believe the Group has developed a unique vision regarding the role the metaverse can play in helping companies and organisations engage with customers, employees, and other stakeholders in the future. I am delighted to be joining the Board to help achieve the goal of making ENGAGE XR a household name."

The following details in relation to the appointment of Mr John Kevin Jacobs, aged 48, are disclosed in accordance with Schedule 2(g) of the AIM Rules for Companies and Chapter 5: Additional Rules for the Euronext Growth Market operated by Euronext Dublin:

Mr Jacobs does not hold any ordinary shares or options over ordinary shares in the Company.

There is no further information which is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies and Chapter 5: Additional Rules for the Euronext Growth Market operated by Euronext Dublin in respect of Mr Jacobs

The Directors of the Company take responsibility for this announcement. This announcement contains inside information for the purposes of the UK Market Abuse Regulation.

For further information, please contact:

Notes to Editors:

ENGAGE XR Holdings Plc, a virtual reality ('VR') technology company, focused on becoming a leading global provider of virtual and augmented communication solutions through its proprietary software platform, ENGAGE. ENGAGE provides users with a platform for creating MetaWorlds, and the creation of virtual content which is focused on enterprise, education, and event production.   

ENGAGE XR Holdings Plc is listed on AIM (EXR) in London and on the Euronext Growth Market in Dublin, a market regulated by Euronext Dublin.  For further information, please visit:  www.engagevr.io