Auto Trader Regulatory News (AUTO)

Auto Trader Group plc

1 June 2023

Appointment of Non-Executive Director and Chair Designate

Auto Trader Group plc ("Auto Trader", the "Company"), the UK's largest automotive marketplace, is pleased to announce that, following a comprehensive search and selection process, Matt Davies will be appointed to the Board as Non-Executive Director, Chair Designate and as a member of the Nomination Committee. The appointment is part of the Board's long-term succession planning given Ed Williams will come to the end of his third three-year term in 2024.

Matt will join the Board with effect from 1 July 2023 and will succeed Ed Williams as Chair of the Board and Nomination Committee at the conclusion of the Company's Annual General Meeting on 14 September 2023, subject to shareholder approval. Ed will not stand for election at the 2023 AGM, stepping down as a Director from that date.

Matt is an experienced Chair, board member and executive, having held roles as CEO of Pets at Home, Halfords and Tesco UK&ROI. Matt is currently Chair at Greggs plc where he was appointed in August 2022, and was formerly the Chair of N Brown plc and a Non-Executive Director of Dunelm Group plc. He is Chair of privately owned businesses Hobbycraft and Travel Counsellors.

Ed Williams, Chair of Auto Trader, said: "It has been a privilege to serve as the Auto Trader Chair throughout our eight years as a public company and I look forward to watching the Company's continued progress."

Nathan Coe, CEO of Auto Trader, said: "I would like to thank Ed for his huge contribution to Auto Trader's strategy, business and culture over many years. I look forward to working with Matt who brings a wealth of UK retail, digital and brand experience and is a great fit with both the Board and organisation."

Matt Davies said: "Auto Trader is a great company and I am delighted to be taking on this role in a business with such a strong sense of purpose. I am excited to work with the Board, Nathan and the wider team to deliver on this over the coming years."

There is no further information which is required to be disclosed in accordance with 9.6.13R of the Listing Rules.

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About Auto Trader

Auto Trader Group plc is the UK's largest automotive marketplace. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.

Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.

With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Auto Trader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.

Auto Trader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles. This data is used by the Bank of England to feed the broader UK economic indicators.

For more information, please visit: https://plc.autotrader.co.uk/