20 May 2025

Rockwood Strategic plc
("Rockwood Strategic")

Appointment to Investment Advisory Group

Rockwood Asset Management (a trading name of Harwood Private Capital LLP) is thrilled to announce that the renowned investor Richard Pease is joining Rockwood Strategic's Investment Advisory Group ("IAG"). The IAG has over 200 years of combined fund management and investing experience and acts as a valuable source of advice, insight and enhanced network to Rockwood Strategic's Investment Team, led by Richard Staveley, helping to generate and evaluate investment ideas.

Richard Pease brings over 40 years of Fund Management experience to the IAG, having founded the European equities team and launched and managed the top performing flagship funds for both Jupiter Asset Management in the 1990s and New Star Asset Management in the 2000s, in addition to a European Hedge Fund. In 2009, he joined Henderson Asset Management and launched the European Special Situations Fund. Richard founded Crux Asset Management in 2015, growing the Crux European Special Situations Fund to over £2.5 billion until the sale of the company to Lansdowne Partners in 2023.

Richard Pease commented: "I am delighted to be joining Rockwood's IAG. Their differentiated approach and clear investment philosophy is being brought to bear on what appears a highly inefficient and overlooked part of the global equity landscape, with genuine value on offer. UK smaller companies can and have offered some of the best long-term returns to investors. I look forward to supporting the strategy and the team in the exciting years ahead."

Richard Staveley, Lead Fund Manager of Rockwood Strategic, commented: "It is a great honour for us that Richard is joining the IAG. We don't believe in committees at Rockwood, but we do believe in receiving advice from outstanding fund managers with decades of investing experience who want Rockwood Strategic to succeed. Richard will be a valuable addition to the IAG, which of course also includes the highly regarded Christopher Mills, Rupert Dyson, Jamie Brooke, Yuri Khodjamirian and Adam Parker."

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