888 Holdings Regulatory News (888)

15 November 2019

888 Holdings Public Limited Company

("888'" or the "Company")

Statement regarding May 2019 Shareholder Vote

At the Company's Annual General Meeting held on 21 May 2019, 21.30 per cent. of total votes cast were voted against the re-election to the Board of the Non-Executive Chairman, Mr. Brian Mattingley ("Resolution 4").

In accordance with the UK Corporate Governance Code, the Company has held discussions with major shareholders who voted against Resolution 4 in order to understand their concerns. The Company understands that the primary reason for the vote against Resolution 4 was the length of Mr. Mattingley's tenure as a Director of 888. Mr. Mattingley joined the Board of 888 in August 2005 and since then has served as 888's Chief Executive Officer, Non-Executive Director, Executive Chairman and Non-Executive Chairman.

The Board's decision to retain Mr. Mattingley as its Non-Executive Chairman reflects the significant value he brings to the Board, including in particular his wealth of gambling industry and public company experience, deep knowledge of the business and industry contacts. The Board believes Mr. Mattingley's continued tenure as Non-Executive Chairman benefits all shareholders.

The Board recognises the importance of future succession planning and was recently strengthened through the appointment of Mr. Mark Summerfield as a Non-Executive Director and Chairman of 888's Audit Committee on 5 September 2019. The Company continues to look at potential additional Non-Executive Director appointments to the Board and will seek to provide a further update on this matter by its next Annual General Meeting in May 2020. Any future Board appointments will reflect 888's strong diversity and leadership objectives, whilst complementing and building upon the existing expertise of the Board.

A further update on these matters will be provided in the 2019 Annual Report.

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