Appointment of Non-Executive Director

20 October 2023

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Appointment of Non-Executive Director

Intercede, the leading specialist in digital identity, credential management and secure mobility, is pleased to announce the appointment of Daniel O'Brien to the Board of Intercede as a Non-Executive Director with immediate effect.

Mr. O'Brien ('Dan') brings over 30 years' experience in financial roles across successful listed, PE backed and privately owned international organisations. Dan studied at the University of Cambridge prior to qualifying as a chartered accountant at Deloitte in 1991 where he spent 8 years working in Audit Assurance. He  has held senior finance roles in a range of multinational companies including COLT Telecoms, Eidos Plc, Huveaux Plc as Group Finance Director, Shine Group as Chief Financial Officer and Tarsus Group as both Chief Financial Officer and Chief Operating Officer. At Tarsus, Dan was a lead executive overseeing the take private acquisition by Charterhouse and the subsequent sale of the business to Informa plc for approximately $1bn. Dan currently sits on the advisory board of several organisations including Cuil Bay Capital.

Royston Hoggarth, Chair of Intercede, commented:

"We are delighted to announce Dan's appointment as a Non-Executive Director. He brings a wealth of public and private company experience, and his strong technical, financial and commercial acumen will be of great value as we continue to execute our growth plans. Additionally, he will be appointed as Audit Chair with immediate effect, with Tina Whitley moving to Remuneration Chair and John Linwood as Nominations Chair."

ENQUIRIES

About Intercede

Intercede is a cybersecurity software company specialising in digital identities, and its innovative solutions enable organisations to protect themselves against the number one cause of data breach: compromised user credentials.

The Intercede suite of products allows customers to choose the level of security that best fits their needs, from Secure Registration and ID Verification to Password Security Management, One-Time Passwords, FIDO and PKI. Uniquely, Intercede provides the entire set of authentication options from Passwords to PKI, supporting customers on their journey to passwordless and stronger authentication environments. In addition to developing and supporting Intercede software, the Group offers professional services and custom development capabilities as well as managing the world's largest password breach database.

For over 20 years, global customers in government, aerospace and defence, financial services, healthcare, telecommunications, cloud services and information technology have trusted Intercede solutions and expertise in protecting their mission critical data and systems at the highest level of assurance.

For more information visit: www.intercede.com

INFORMATION REQUIRED UNDER RULE 17 AND SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES FOR COMPANIES ("AIM RULES")

There is no further information to be disclosed in relation to the appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.