4 March 2025

Pod Point Group Holdings PLC
("Pod Point" or "the Company")

Directorate and Committee Change

Pod Point, one of the UK's market leading providers of Electric Vehicle ("EV") charging solutions in the UK, announces a Directorate change and dissolution of its Technology Committee (the "Committee").

Norma Dove-Edwin and Erika Schraner, independent Non-Executive Directors, have notified the Board of their intention not to seek re-election at Pod Point's forthcoming AGM on 5th June 2025, to enable them to pursue other opportunities that align with their current professional goals and other commitments.  

In line with the Company's evolution and strategic direction at this stage of its development, the Board has determined that a more streamlined governance structure will enhance its agility and decision-making effectiveness and has decided not to reappoint new independent Non-Executive Directors at this time. The composition of the Board will continue to be compliant with the UK Corporate Governance Code.

The Technology Committee was established last year to strengthen the Group's technology strategy during a period of leadership transition. Having successfully achieved its objectives, including the recruitment of the Chief Information Officer and Chief Product & Technology Officer positions and with the strengthening of the senior executive team, the Board is now confident that technology governance can be effectively integrated into the core Board activities.

Andy Palmer, Pod Point Chair, "Both Norma and Erika have served on the Board since our IPO in 2021 and I would like to thank them for the significant contribution they have made to the Board and Company and wish them well for the future.  I would also like to thank them both for their contribution to the Technology Committee.  The new streamlined Board are looking forward to working with the Executive to drive Pod Point forward in an agile and dynamic way."

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About Pod Point

Pod Point was founded in 2009. Driven by a belief that driving shouldn't cost the earth, Pod Point is building the infrastructure needed to enable the mass adoption of electric vehicles and to make living with an EV easy and affordable for everyone. As at 30 June 2024, the company has an installed base of more than 250,000 communicating charge points on its network in the UK and is an official charge point supplier for major car brands.

Pod Point works with a broad range of organisations and customers to offer home and commercial charging solutions.

Pod Point is admitted to trading on the London Stock Exchange under the ticker symbol "PODP."