This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

REVOLUTION BEAUTY GROUP PLC

("Revolution Beauty", the "Group" or the "Company")

Appointment of CEO

Revolution Beauty Group plc (AIM: REVB), the multi-channel mass beauty innovator, is pleased to announce the appointment of Bob Holt OBE as Chief Executive Officer (CEO). Bob has been providing leadership to the business as interim Chief Operating Officer since 14 October 2022, and will become CEO with immediate effect.

Bob is an accomplished executive with more than 30 years' experience in senior positions and executive roles across a wide range of sectors. Having led as CEO and Executive Chairman a number of UK listed companies, including the turnaround of SureServe Group Plc and significant growth of Mears Group Plc, the Board believe he is the right person to drive the business forward.

The independent investigation being carried out by Forensic Risk Alliance and Macfarlanes remains ongoing, and no conclusions have been drawn. An update will be released to the market in due course.

Bob holds no shares in the Company.

Bob Holt, Incoming CEO of Revolution Beauty said: "Over the past six weeks I have seen first-hand the quality of people working at Revolution Beauty, the overall popularity of the brand and innovation of products for customers around the world. I believe there is a huge opportunity for the business as it moves ahead and I am confident that, together with the team, we will drive the business forward."

Information on Bob required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies:

Robert ("Bob") Holt, aged 68, currently holds directorships and partnerships in the following companies:

Business Strategy LLP

Coal Hole Limited

Global Trees

Leadership Today Limited

The Logical Utilities Company Limited

Totally Plc

In addition, Bob has held the following directorships in the past five years:

Arbed Am Byth Limited

DX (Group) Plc 

Ensco 996 Limited

Ensco 997 Limited

Inprova Group Ltd

Mears Group Plc

Seneca Partners Limited

Senone LLP

Sureserve Compliance Services Limited

Sureserve Design & Build Limited

Sureserve Energy Services Limited

Sureserve Group Plc

Sureserve Holdings Limited

Sureserve Vgs Limited 

The Mears Foundation

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