FOXTONS GROUP PLC

(the "Company" or "Foxtons")

BOARD CHANGES

1 April 2022

Foxtons Group plc, London's leading estate agency, today announces that Patrick Franco, COO, will step down from the Board on 1 April 2022. He will leave the Company to take up the role of Vice Chairman of Global Heritage Fund, where he has served on the Board for nearly a decade. The Foxtons COO duties will be assumed by the CEO, Nic Budden.

Further to the announcement by the Company on 21 December 2021, with effect from today, Chris Hough joins the Board as CFO and a Director of the Company.

Nigel Rich CBE, Chairman of Foxtons commented: 

"On behalf of the Board I'd like to thank Patrick for his contribution to Foxtons over the last 7 years and we all wish him well for the future. Cost control continues to be an area of focus, and over the last six months the Company's actions have included simplifying its Executive and Senior Management structures. We are pleased to formally welcome Chris to a more streamlined Foxtons Board, and we are looking forward to working with him and the wider executive team as we continue to implement our growth strategy."

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