LEI: 213800ZHXS8G27RM1DD7

This announcement contains inside information.

22 April 2022

Titon Holdings Plc

Appointment of CEO

Titon Holdings Plc ("Titon" or the "Group"), a leading international manufacturer and supplier of ventilation systems, and window and door hardware, is pleased to announce the appointment of Alexandra French as Chief Executive Officer ("CEO"). Alexandra will take up the position of CEO and join the Board on 3 May 2022.

Alexandra joins Titon from Johnson Matthey plc where she has spent more than 20 years working in a variety of commercial, operational, technical, quality, and sales and marketing roles. She has worked across various divisions in leadership positions both in the UK and also in Canada. Prior to joining Johnson Matthey plc, Alexandra graduated from the University of Cambridge with a degree in Natural Sciences.

Keith Ritchie, Executive Chairman, said: "I am very pleased to welcome Alexandra to the Group as our new CEO. Alexandra has considerable commercial and leadership experience from her career at Johnson Matthey and has the range of skills necessary to implement the business initiatives we have identified. The Board is confident that she has the drive, energy and passion to lead Titon's development and growth in the future."

Alexandra French said: "I am delighted to be joining Titon at this time in my career. Titon has an excellent range of products and a very well-equipped manufacturing facility. The ventilation market is growing as building occupants understand better the need for good indoor air quality and Titon is at the forefront for delivering the right products to achieve this. I look forward to starting at Titon, working with my new colleagues and Titon's other stakeholders to lead improvements across the business and enhance Titon's position as a leading international manufacturer of ventilation systems and window and door hardware."

Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules, Alexandra Catherine French, aged 45, holds or has held in the past 5 years the following directorships and partnerships:

There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.

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About Titon Holdings Plc

Titon is a leading international manufacturer and supplier of ventilation systems and window and door hardware with a reputation for quality products and high levels of customer service. Formed in 1972, the Group employs over 200 people, with 170 in the UK and 30 in South Korea. Titon is quoted on the AIM Market of the London Stock Exchange under the TIDM "TON".

Titon has a strong presence in the UK residential ventilation market with a comprehensive range of mechanical and natural ventilation products and is also a leading supplier of window and door hardware. The Group sells products into a range of European markets, and the USA market is supplied through a wholly owned subsidiary, Titon Inc. The Group has a joint venture in South Korea with a local partner and has its own manufacturing facilities in Seoul.