THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

26 April 2023

NARF INDUSTRIES PLC

INTERIM CFO APPOINTMENT

Narf Industries plc ("Narf", the "Company", or the "Group"), (LSE: 'NARF')(OTCQB: NFIN.F) the cybersecurity group specializing in high-end threat intelligence and critical infrastructure security is pleased to announce the appointment of John Thompson as interim Chief Financial Officer ("CFO") of the Group.

Role

John is a US based CPA having started his career 30 years ago in Audit at Ernst & Young.  He then served as CFO for a number of US based multinationals, the last of which being i2, a software company serving government agencies primarily in the US and UK.  John then returned to Audit to run the Audit Division for a US based CPA firm. He currently works as an advisor to fast growth companies on structuring their accounting and finance functions.

John's immediate focus will be helping the team on the completion of the Group's FY22 audit and over the course of the year work to organize the Group's accounting and finance team.

Steve Bassi, CEO said: "John brings both CPA and USG customer experience to help accelerate audit completion and implement go forward processes to negate future disruptions.  He's an immediate resource our team can rely on during this transition period as we work to build our Executive team over the coming months."

ENDS

For further information on the Group please visit www.narfgroup.com or contact:

About NARF Industries plc

Narf Industries (LSE: NARF)(OTCQB: NFIN.F) is a US based cyber security group specialising in high-end threat intelligence with a focus on critical infrastructure. The Group leads commissioned cyber security R&D and is commercialising a portfolio of products including TIGR that can be used by utilities and cyber first responders to restore power to electric grids and protecting other key infrastructure that have suffered a cyber-attack. The Group aims to further strengthen its portfolio organically and via acquisition; its team of highly qualified cyber security experts is well placed to identify opportunities.

Important notice

The content of this announcement has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (FSMA). This announcement has been issued by and is the sole responsibility of the Company. The information in this announcement is subject to change. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act), and may not be offered or sold, directly or indirectly, in or into the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States. This announcement is not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, the Republic of South Africa, Japan or any jurisdiction where to do so might constitute a violation of local securities laws or regulations (a Prohibited Jurisdiction). This announcement and the information contained herein are not for release, publication or distribution, directly or indirectly, to persons in a Prohibited Jurisdiction unless permitted pursuant to an exemption under the relevant local law or regulation in any such jurisdiction.