GS CHAIN PLC
("GS Chain" or the "Company")

Director Resignation and Appointment of Chairman

GS Chain Plc, a UK company admitted to the Equity Shares (Shell Companies) category of the Official List of the Financial Conduct Authority (the "Official List") and to the main market of the London Stock Exchange Group Plc ("Main Market"), announces that Mr. Leon Filipovic has resigned as a Director of the Company with immediate effect in order to focus on other projects.

The Board would like to thank Leon for his contribution to the Company and wishes him well in his future endeavours.

Following Leon's resignation, Mr. Paul Carroll, currently a Director of the Company, has been appointed as Chairman with immediate effect.

The Board believes that Paul's experience will support the Company as it continues to progress its strategic objectives.

There is no further information to be disclosed pursuant to ULKR 6.4.8R in respect of this appointment.

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Caution regarding forward looking statement:

Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward-looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.