NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

8 September 2023

Hostmore plc

Resignation of Chief Financial Officer

Hostmore plc ("Hostmore" or the "Company") announces that Alan Clark has informed the Board of his decision to resign as Chief Financial Officer ("CFO") and Executive Director of the Company to pursue other interests.  He will step down from both positions immediately, but will continue as an employee of the Company for six months to ensure a smooth transition for the business.

The Board is pleased to announce that Matthew Bibby, currently Finance Director of the Company, has been appointed Interim CFO.

Matthew joined the Hostmore group (the "Group") in 2019 as Head of Finance and in 2022 became the Group's Finance Director. Prior to this, he was at Whitbread for fourteen years, latterly as Head of Finance, Procurement and Supply Chain having held management roles within the Finance Department.

Stephen Welker, Chairman, said: "On behalf of the Board, I would like to thank Alan for the contribution he has made to Hostmore in his time as CFO.  He leaves behind a strong team and we wish him well for the future.

"We are pleased that Matthew has accepted the role of Interim CFO. His financial, commercial and operational experience, as well as his knowledge of our business, make him well placed to take up this position and together we look forward to delivering on the Company's key objectives."

Alan Clark, outgoing Chief Financial Officer, said: "I would like to thank the Board and the senior management team for their support in my time as CFO.  I have every confidence in the future success of the business and, as a significant shareholder, I wish the team the very best for the future."

ENDS

Enquiries

Hostmore plc

Email: [email protected]

Dentons Global Advisors

Jonathon Brill / James Styles     Tel: +44 (0)20 7664 5095

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