15 January 2025

Xaar plc

Appointment of Chief Financial Officer

Xaar plc ("Xaar", the "Group" or the "Company"), the leading inkjet printing technology group, today announces that Paul James has been appointed the permanent Chief Financial Officer, effective immediately.

Paul has served as Interim Chief Financial Officer since 20^th November 2024. Prior to this, Paul was Group CFO of Biffa from September 2023 to October 2024 and Group CFO of Genuit Group plc from March 2018 to September 2023. In addition, Paul has held a number of senior positions at Currys plc, Inchcape plc and British American Tobacco plc.

John Mills, Group Chief Executive Officer said:

"Paul is an outstanding senior executive with substantial financial experience and leadership capabilities, who will advance our strategic priorities and ensure we fully monetise the significant opportunity set before us.  We are delighted that he has recognised the long-term potential after making a meaningful contribution in just a short period of time."

Paul James Group Chief Financial Officer said:

"I am excited to join the talented team at Xaar as we progress to becoming the market leader in the printhead space. With solid foundations and cutting-edge technology, the company has access to significant structural growth and I look forward to supporting John in realising the full potential of the Company."

Contacts:

About Xaar plc

Xaar is an inkjet innovator, providing printheads and technologies for OEM and UDI customers worldwide.

By helping customers lay down precise volumes of inks and fluids with absolute pin-point accuracy, time after time, Xaar's inkjet printheads and technologies meet the needs of numerous markets. Covering graphics, labelling, direct-to-shape, packaging, product decoration, ceramic tile and glass decoration, textiles, 3D, décor, and outer case coding applications - as well as printing with specialist functional fluids for advanced manufacturing techniques.

Collaboration is at the very core of its business. Xaar works as a trusted partner from sites in Europe and China, providing expert insights and technical support every step of the way.

With over 30 years' experience, around 200 patents registered or pending, and major ongoing R&D investment, Xaar's digital printhead and precision jetting technologies create infinite opportunities for today's sustainable manufacturing innovation.