18 September 2025

Inspecs Group plc

("Inspecs"  "the Company" or "the Group")

Appointment of Non-Executive Chair

Inspecs Group plc, a leading designer, manufacturer and distributor of eyewear (sunglasses, optical frames, lenses and low vision products) is pleased to announce the appointment of Andrea Davis as Non-Executive Chair of the Company. The appointment will take effect on or before 31^st December 2025.

Andrea has been appointed following the conclusion of a comprehensive and competitive recruitment process, led by an external executive search firm.

Throughout her career, Andrea has chaired and advised a diverse range of assets, across consumer and manufacturing and other sectors, predominately in small to mid-cap companies across continental Europe.

Andrea is currently on the boards of Modulr and William Jackson Food Group and, up until recently, was the Managing Director of European Private Equity at Investcorp. Spending just over a decade in this role, Andrea was responsible for the post acquisition management and oversight of the private equity portfolio of companies across EMEA. Prior to Investcorp, Andrea was a Managing Director at TDX Group, a data and technology business, where she led the company's strategic initiatives and revenue growth. This ultimately led to her appointment as CFO of TDX Group in 2013, when she led the Company's sale process to Equifax for £200m in 2014.

Andrea Davis commented: "I am delighted to be joining the Board of Inspecs, a Group that has established itself as a leader in the global eyewear market through its vertically-integrated business model. I look forward to working closely with my new Board colleagues and the wider executive team to support the growth strategy and governance of the Group."

Christopher Hancock, Interim Chair, commented: "I am delighted to announce that we have appointed Andrea Davis to the role of Non-Executive Chair. Andrea has a proven track record in business strategy and transformation and her experience in supporting UK and international companies through their growth journeys will be invaluable to Inspecs Group. The Board and I look forward to working with Andrea in due course."

The names of all companies and partnerships of which Andrea Jayne Davis, aged 60, has been a director or partner at any time in the previous five years are set out below:

Company in administration

As a result of her role with Investcorp, Andrea was previously a director of Corneliani S.R.L. ("Corneliani"). The directors of Corneliani instigated an Italian insolvency process (Concordato Preventivo) during 2020 when it became clear that the business could not continue to trade due to a lack of secure funding during the COVID-19 pandemic. Corneliani subsequently entered liquidation on 11 March 2021.

There are no further matters that require disclosure in accordance with rule 17 of, and paragraph (g) of Schedule Two to, the AIM Rules.

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About Inspecs Group plc

About INSPECS Group plc

INSPECS is a leading provider of eyewear solutions to the global eyewear market. The Group produces a broad range of eyewear frames and low vision aids, covering optical, sunglasses and safety, which are either "Branded" (under licence or under the Group's own proprietary brands), or "OEM" (unbranded or private label on behalf of retail customers).

INSPECS is building a global eyewear business through its vertically integrated business model. Its continued growth is underpinned by increasing the penetration of its own-brand portfolio, worldwide distribution, growing retail presence, maximising group synergies and its global network, expanding its manufacturing capacity and scaling the research and development department as it develops new and innovative eyewear products.

The Group has operations across the globe: with offices and subsidiaries in the UK, Europe, the US and China (including Hong Kong, Macau and Shenzhen), and manufacturing facilities in Vietnam, China, the UK and Italy.

INSPECS customers are global optical and non-optical retailers, global distributors and independent opticians. Its distribution network covers over 80 countries and reaches approximately 75,000 points of sale.

More information is available at: www.INSPECS.com