16 August 2023

Restore plc

("Restore" or the "Group" or "Company")

Interim CFO Appointment

Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, today announces that Mike Killick will join the business on 21 August 2023 as interim Chief Financial Officer. Neil Ritchie, who previously announced his decision to step down as CFO on 14 June 2023, shall oversee an orderly handover and will resign as a director of the Company on 1 September 2023. Neil will continue to deliver some key financial projects for the business between now and the expiry of his notice period on 13 December 2023. Mike will be appointed as a Director of the Company with effect from 1 September 2023.

Mike has a long and successful track record in financial leadership in both listed and private equity-owned businesses across various sectors. Mike was Group CFO at Thorntons plc (from 2012 to 2015) and also at The Peacock Group plc (from 2007 to 2011). In his recent career history, Mike has held various interim CFO roles at businesses including Portman Dental Limited, Fashion UK Limited and Healthcare At Home Limited. 

Jamie Hopkins, Interim CEO, commented:

"We are delighted to appoint Mike to the interim CFO role at this critical moment. He brings significant financial and commercial experience to the role in both public and private businesses and I look forward to working with him. I would also like to thank Neil for his ongoing commitment and the continuity this provides."

For further information please contact:

Disclosures required by Schedule Two, paragraph (g) of the AIM Rules for Companies

Michael David Killick (age 61)

Save as set out above, there are no further disclosures required pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies in respect of Mr Killick's appointment to the Board.

Note:

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.