31 March 2023

Spiritus Mundi plc

("Spiritus Mundi" or the "Company")

Directorate Change

Spiritus Mundi plc (LSE: SPMU), the Special Purpose Acquisition Company (SPAC) which is seeking to acquire targets in Europe and Asia in the clinical diagnostics sector, announces the appointment of Timothy (Tim) Metcalfe as a non-executive director of the Company from 1 April 2023.  Additionally, Rachel Maguire, currently a non-executive director of Spiritus Mundi, has decided to step down from her role to focus on her other business interests and will leave the board on 31 March 2023.

Tim Metcalfe is an experienced corporate financier and public company adviser having spent the last 29 years in a variety of roles.  He started his career as a corporate financier in 1994 at Robert Fleming & Co before moving to N M Rothschild.  He then focused on advising small and mid-cap companies in a number of senior positions at Westhouse Securities, Northland Capital Partners and Zeus Capital.  Tim left his role as Joint CEO of Zeus Capital at the end of 2014 to co-found IFC Advisory, a financial public relations and investor relations adviser, where he is currently managing director. Tim has advised a large range of companies from those in the FTSE 100, to small and mid-cap quoted companies, on investor relations, IPOs, fundraisings, M&A, strategy and regulatory matters.  Tim is a non-executive director of The Investment Company plc, a London Stock Exchange Main Market listed investment trust, and a director of a number of private businesses.

Other than as set out in this announcement there are no further disclosures required in respect of Timothy Mark Metcalfe under paragraph 9.6.13 of the Listing Rules.

Commenting, Zaccheus Peh, Non-Executive Chairman of Spiritus Mundi, said: "I would like to thank Rachel for her contribution to Spiritus Mundi, in particular with regard to our London Stock Exchange listing last year.  We have appreciated her advice and support and wish her well in her future endeavours.

"I am pleased to welcome Tim Metcalfe to the Spiritus Mundi board.  Tim has been a valuable adviser to the Company and we can now benefit from his significant corporate finance skills and experience at the board level as we evaluate a number of exciting potential opportunities."

For further information please contact:

Spiritus Mundi LEI: 213800DXMLNXMLCX4Q80