3 July 2025

Peel Hunt Limited
("Peel Hunt" or the "Company")

Confirmation of Board Changes

Further to the announcement of proposed Board changes on 14 May 2025, Peel Hunt is pleased to confirm the appointments of Michael Lee and Billy Neve to the Board of the Company as Chief Operating Officer and Group Finance Director respectively with immediate effect.

Michael Lee has had a 25-year career across professional services and investment banking, including 15 years in UK mid-market investment banking at Peel Hunt and before that at Numis (now Deutsche Numis). Michael is a qualified solicitor having held previous roles at Linklaters and Latham & Watkins. Michael has significant experience across legal, risk, compliance, internal audit, governance, strategy, business performance, talent and change management.

Billy Neve has over 15 years of experience in finance management roles across investment banking, asset management and insurance. Billy is a chartered management accountant and has considerable experience in financial reporting, strategy, budgeting and regulatory compliance.

Michael James Lee, aged 47, is, or has been, a director or partner of the following companies or partnerships during the past five years:

Michael Lee holds 10,755 Peel Hunt ordinary shares of no par value, representing 0.01% of the Company's voting rights.

Billy Robin Neve, aged 35, is, or has been, a director or partner of the following companies or partnerships during the past five years:

Billy Neve holds 30,973 Peel Hunt ordinary shares of no par value, representing 0.03% of the Company's voting rights.

There are no other matters required to be disclosed pursuant to Rule 17 or paragraph (g) of Schedule Two to the AIM Rules for Companies regarding Michael Lee's and Billy Neve's appointments.

For further information, please contact:

Peel Hunt: via Sodali & Co
Steven Fine, CEO

Sodali & Co (Financial PR): +44 (0)20 7100 6451
Justin Griffiths
Gilly Lock
Russ Lynch
[email protected]

Grant Thornton UK LLP (Nominated Adviser): +44 (0)20 7383 5100
Philip Secrett
Colin Aaronson
Elliot Peters

Keefe, Bruyette & Woods (Corporate Broker): +44 (0) 20 7710 7600
Alistair McKay
Alberto Moreno Blasco
Fred Walsh

Notes to editors

About Peel Hunt

Peel Hunt is a leading UK investment bank that specialises in supporting mid-cap and growth companies. It provides integrated investment banking advice and services to UK corporates, including equity capital markets, private capital markets, M&A, debt advisory, investor relations and corporate broking. The Company's joined up approach combines these services with expert research and distribution and an execution services hub that provides liquidity to the UK capital markets, delivering value to global institutions and trading counterparties alike. The Company is admitted to trading on AIM (LON: PEEL) and has offices in London, New York and Copenhagen.