9 May 2025

Northern Bear plc

("Northern Bear" or the "Company")

Board Appointment

Northern Bear (LSE:NTBR), the AIM quoted group of companies providing specialist building and support services headquartered in Northern England and serving customers across the UK, is pleased to announce the appointment of Julian Davis to the Board as Chief Financial Officer of the Company, effective immediately.

Background on Julian Davis

Julian brings extensive financial and sector-specific experience to Northern Bear. He began his career at KPMG, where he qualified as a chartered accountant. During this time, he worked closely with both listed and privately owned businesses across a range of sectors.

Subsequently, Julian served for ten years as CFO at Strata Homes Limited, a prominent regional residential developer. As a key member of the executive team, he was responsible for shaping and delivering strategic initiatives and driving financial and operational performance.

Following a 12-month career break after leaving Strata Homes Limited, Julian joins Northern Bear with significant experience in the construction, contracting and housebuilding sectors.

Simon Carr CBE, Non-Executive Chairman of Northern Bear, commented:

"On behalf of the Board, I would like to welcome Julian as our new Chief Financial Officer. He brings significant industry experience having worked with successful construction companies both in an advisory and operational capacity. I am confident that Julian will make a significant contribution to Northern Bear's future growth."

Further information on Julian Davis' appointment:

The following details in relation to the appointment of Julian Davis to the Board are disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM rules for Companies.

Julian Nigel Davis (aged 50) has held the following directorships and/or partnerships in the past five years:

Mr. Davis has no direct or indirect holdings in the Company's share capital.

Other than the information contained within this announcement, there is no further information required to be disclosed pursuant to AIM Rule 17 or Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

For further information, please contact: