AIM: WYN

Wynnstay Group Plc

("Wynnstay" or the "Group" or the "Company")

Board Changes

Wynnstay the agricultural and specialist merchanting group, is pleased to announce the appointment of Steven Esom as Senior Independent Non-executive Director, with immediate effect. He succeeds Philip Kirkham, Vice-chairman and Senior Independent Director, who will be retiring after 10 years as a member of the Board of Directors on 24 May 2023.

Steven has extensive senior-level experience in the UK food and retailing industries and significant experience of the UK agricultural sector. He was Managing Director of Waitrose & Partners, where he regularly engaged with farmers and was involved with the oversight of Waitrose-owned farmlands. He was also Executive Director of Food at Marks & Spencer, and held senior commercial buying roles at J Sainsbury plc for 12 years as well as at Texas, the DIY retailer, then part of Ladbroke Group.

Steven is Chairman of Sedex, a leading global supply chain consultancy focused on environmental, social and governance ("ESG") outcomes, which operates the world's largest data platform for supply chain assessment.  He is also Chairman of Andrews & Partners Ltd, the residential estate agency and lettings and management group, and Chairman of Advantage Travel Partnership, the UK's largest independent travel agent group. Until December 2022, Steven was a non-executive director of Rank Group plc and, for nine years until 2018, was a non-executive director of Cranswick plc, a leading UK food producer and FTSE-250 constituent.

Steve Ellwood, Chairman of Wynnstay Group Plc, said:

"On behalf of my colleagues, I would like to thank Philip for his tremendous contribution to the Board and to the Group over the last ten years. Philip's insights and expertise have been much appreciated. We are delighted to welcome Steven, who succeeds him as Senior Independent Non-executive Director.

"Steven is a highly experienced business leader and brings extensive commercial experience of food production and retailing, and a significant understanding of the agricultural industry. We are confident that he provides additional complementary strengths to the Board of Directors as we continue to grow and develop the Group."

Enquiries:

Regulatory disclosures

In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies, Steven Derek Esom, aged 62 years, currently has no shareholding in the Company. Steven Esom holds, or has held in the past five years, the following directorships, and partnerships:

Steven Esom was a Director of Panakeia Limited, New Glow Urban Spa (Holdings) Limited and New Glow Urban Spa Limited between April 2010 and April 2011. The companies formed a group that offered luxury spa services.  After the end of the first year's trading, the companies' projected forecasts were not met and the companies were involved in a group administration, which began on 1 June 2011. The companies' assets were sold and the companies subsequently dissolved on 26 July 2012. There was an estimated shortfall to non-preferential creditors of £2,100 and the companies did not have any preferential creditors.

Save as disclosed above, 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.