Aston Martin Lagonda Regulatory News (AML)

8 April 2020

Aston Martin Lagonda Global Holdings plc

Aston Martin announces Interim CFO appointment

Aston Martin Lagonda Global Holdings plc announces the appointment of Vikram Bhatia, to serve as the company's Interim Chief Financial Officer. Reporting to President and Group Chief Executive Officer, Dr Andy Palmer, the appointment is effective 20 April 2020. As an interim appointment, Vikram will not be joining the Board.

Bhatia, a Chartered Accountant, trained with Deloitte and has more than 30 years of experience in finance and management, spanning various blue chip organisations, and notably previously held the position of Interim Chief Financial Officer at Aston Martin Lagonda from January to August 2015 prior to Mark Wilson joining the business.

Dr Palmer said: "I'm pleased to welcome Vikram back to Aston Martin Lagonda as Interim Chief Financial Officer at this challenging but critical time for the business. Vikram will work with the strong finance leadership team, ensuring a smooth transition allowing us to provide Aston Martin Lagonda with a sustainable platform for the future."

As previously announced, current CFO Mark Wilson will be stepping down as Chief Financial Officer and Executive Director of the company no later than 30 April 2020. Palmer added: "On behalf of the Board, I would like to thank Mark for his hard work, personal commitment and dedication to Aston Martin Lagonda in the past five years."

Paul Hancock, Director of Finance, has been appointed Deputy CFO and joined the Executive Committee to maintain business continuity and support for the Interim CFO.

The Board continues with its process to appoint a new Chief Financial Officer and will provide an update as appropriate.