PensionBee Group plc

Notification of Board Changes

PensionBee Group plc ('PensionBee' or the 'Company') is pleased to announce the following changes to its Board and Board Committees.

With effect from the conclusion of the Annual General Meeting ('AGM') of the Company on 14 May 2026, Michelle Cracknell CBE will be stepping down from the Board. This follows seven years of service with the business. Michelle is also Chair of the Company's Audit and Risk Committee. Michelle will therefore not be seeking re-appointment at the AGM. However, resolutions will be proposed to the AGM for the appointment of two US-based directors, including Michelle's successor, Susan Holliday, and an additional appointee, Anne Ackerley, as outlined below.

Susan Holliday will join the Board as a Non-Executive Director and will be Chair of the Audit and Risk Committee and a member of the Remuneration and Nomination Committees with effect from 14 May 2026.

Susan is an accomplished global financial services leader with over 30 years of experience.

Susan is an experienced independent director, including chairing audit and risk committees, most recently with Acrisure Re and Tangerine Financial. She currently serves as an independent board director at insurtech Hippo (NYSE: HIPO) and as an advisory board member at Xyant Technology.

Susan spent nearly a decade at Swiss Re, where she served as Head of Investor Relations and as a key spokesperson to investors and rating agencies, and Head of Strategy for the reinsurance business. She has held senior roles at IFC World Bank where she led the Women and Insurance program, UBS, and JP Morgan.

She is a Chartered Accountant and alumna of Oxford University and Harvard Business School, and a Qualified Risk Director of the DCRO Institute. Susan is a British citizen who lives in Philadelphia in the United States. 

Anne Ackerley will join the Board as a Non-Executive Director and be a member of the Audit and Risk, Remuneration and Nomination Committees with effect from 14 May 2026. Anne has had a long and distinguished career in financial services, holding senior executive roles at BlackRock, including Head of the US Retirement Group, where she oversaw $1.7T in AUM and grew assets by 142%. She is an independent trustee for Northwestern Mutual, the Harbor Fund Family, and Micruity.

Anne spent 25 years at BlackRock Inc., where she was a co-founder of the Women's Network (WIN) and also served as Chief Marketing Officer and Chief Operating Officer of the Global Client Group. Before BlackRock Inc., she spent over a decade in investment banking at Merrill Lynch. She is an alumna of Harvard College and Harvard Business School.

Anne is recognised for her work advancing gender equity and was named to Barron's "Most Influential Women in US Finance" list for five consecutive years. She is a trustee for Mosaic Mental Health.

Mark Wood, Chair said:

"On behalf of the Board, I would like to sincerely thank Michelle for her dedication and significant contributions to PensionBee during her time with us and wish her all the best for the future. We are delighted to welcome Anne and Susan to the Board. Their collective experience will be invaluable as we continue to grow and deliver on our mission."

This announcement is being made pursuant to UK Listing Rule 6.4.6R. There are no other matters to be disclosed under Listing Rule 6.4.8R in relation to the appointments.