11 May 2023

Vistry Group PLC ("the Company")

Appointment of New Non-Executive Directors

The Board of Vistry Group PLC is pleased to announce that Paul Whetsell and Helen Owers have been appointed as independent Non-Executive Directors of the Company with effect from the end of the Annual General Meeting on 18 May 2023. 

Paul will become Chair of the Remuneration Committee and will also be a member of the Nomination and Audit Committees. Paul is a highly experienced Chief Executive Officer in the hospitality sector and an experienced Non-Executive Director.

From 2008 to 2018, Paul was a Non-Executive Director of NVR, Inc, one of America's leading homebuilders.  He is currently the Chief Executive Officer of Capstar Hotel Company, Non-Executive Director and Chair of Remuneration Committee of Hilton Grand Vacations Inc. and Non-Executive Director of Boyd Gaming Corporation, the latter two of which are both listed on the New York Stock Exchange. Paul splits his time between the US and the UK.

Helen will be a member of the Nomination Committee, Audit Committee and Remuneration Committee. Helen has extensive international operational experience from a successful career culminating in her being President of Global Businesses and Chief Development Officer for Thomson Reuters.

Helen is currently a Non-Executive Director of Informa plc, the FTSE 100 British publishing, business intelligence and exhibitions group where she is a member of the Nomination and Remuneration Committees and the board member responsible for employee engagement.   Previously, Helen was also a Non-Executive Director and Chair of the Remuneration Committee from 2012 to 2020 of PZ Cussons plc, the FTSE 250 manufacturer of personal healthcare products and consumer goods.

Following the upcoming Annual General Meeting on 18 May, there will be four independent Non-Executive Directors on the Board. Further recruitment of independent Non-Executive Directors will take place over the coming months to continue to balance and strengthen the Board recognising the skills and experience required for the enlarged business, following the acquisition of Countryside Partnerships last year.

Ralph Findlay OBE, Non-Executive Chairman of Vistry Group, who led the recruitment process said: "I am delighted to welcome Paul and Helen to the Board as independent Non-Executive Directors. Vistry Group is now a substantially larger and more complex business following our acquisition of Countryside. The significant operational expertise of Paul and Helen, plus Paul's housebuilding sector experience and Helen's UK-listed company experience, will strengthen the Board as we continue our focus on delivering high quality homes to more customers and sustainable value to our shareholders."

There is no other information to be disclosed pursuant to LR 9.6.13R in respect of Paul Whetsell or Helen Owers.  As at the date of this announcement, neither Paul nor Helen has any beneficial interests in the ordinary shares of the Company.

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Vistry Group PLC's legal entity identifier is 2138001KOWN7CG9SLK53.