Managing Director, Restore Technology Appointment

11 June 2021

Restore plc

("Restore", the "Company", or the "Group")

Appointment of Managing Director of Restore Technology

Restore plc (AIM: RST), the UK's leading provider of integrated information and data management services, secure technology recycling, and commercial relocation solutions is pleased to announce that Athena Ainsworth will join the Company in July 2021 as the Managing Director of Restore Technology.

Athena has over 20 years' experience working in the technology and telecoms industry, in general management, services, marketing and sales. At IBM she held a number of senior executive commercial roles, and recently at Vodafone UK she was responsible for the Regional Enterprise Business.

Restore Technology is one of five business units in Restore and following recent growth and acquisitions, is the largest IT recycling company in the UK. With a nationwide platform of over 300 employees, Restore Technology operates in a growing and highly fragmented market. The strategy is to grow Restore Technology aggressively with organic expansion, supported by additional accretive acquisitions to capitalise on the opportunity that scale delivers to customers. In addition, Restore is investing heavily in the business, including its digital and e-commerce capability to deliver a leading customer experience.

Athena Ainsworth commented: "I am excited to be joining Restore to lead the Technology business. Over a short space of time the business has built a leading presence in the ITAD market. Our opportunities to grow further are exciting and I look forward to leading the team as we realise the significant potential of the business."

Charles Bligh, CEO commented: "I am delighted that Athena will be leading our Technology business. She brings the strategy, commercial and digital leadership we need to build a truly first class operation for customers and significantly scale the business much further."

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