Severfield plc

('the Company' or 'the Group')

Directorate Change

Severfield plc, the market leading structural steel group, announces that Tony Osbaldiston, a non-executive director of the Company and chair of the audit committee, is retiring today from the Board of the Company following the completion of his nine-year tenure. He is succeeded as audit committee chair by Mark Pegler who was appointed as a non-executive director on 3^rd October 2022. The Board would like to thank Tony for the outstanding contribution he has made to Severfield during his tenure.

ENDS

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Notes to editors - Severfield:

Severfield is the UK's market leader in the design, fabrication and construction of structural steel, with a total capacity of c.150,000 tonnes of steel per annum. The Group has seven sites, c.1,800 employees and expertise in large, complex projects across a broad range of sectors. The Group also has an established presence in the expanding Indian market through its joint venture partnership with JSW Steel (India's largest steel producer).