B&M Regulatory News (BME)

20 June 2023

B&M European Value Retail S.A.


Board Appointment

B&M European Value Retail S.A. (the "Company") announces the following Board changes.

Hounaïda Lasry is to be appointed, subject to shareholder approval, as a Non-Executive Director of the Company with effect from 22 September 2023 when she will also join the Remuneration and Nomination Committees.

Hounaïda is currently a Non-Executive Director at Britvic plc.

Hounaïda had almost 30 years' experience at Procter & Gamble across various sectors (Skin & Personal Care, Pet Food, Sanitary Pads, Diapers and Detergents) and geographies (Europe, Middle East, Africa and Asia). In her final role, she had responsibility for a portfolio of 5 brands across Europe, backed by strong operational experience in leading business turnarounds and organization transformation.

From 2016 to 2021, Hounaïda was a Non-Executive Director on the Advisory Board of the Geneva School of Economics and Management.

Peter Bamford, Chairman, said

 "I am delighted that Hounaïda has agreed to join the Board of B&M. She brings strong commercial international, and strategic instincts and the benefits of experience gained in a wide variety of challenging operational roles within the highly structured and developed consumer facing disciplines of Procter and Gamble. Hounaïda will enhance the diversity of experience and skills on our Board considerably"

With regard to Hounaïda Lasry's appointment to the Board on 22 September 2023, as there is currently no vacancy in the office of a Director of the Company, in accordance with Luxembourg law, her appointment is required to be approved by a resolution of shareholders at a general meeting of the Company. Accordingly, an Ordinary General Meeting of shareholders is to be convened during September 2023 (the "Meeting") for that purpose. Subject to her appointment being approved at the Meeting, it will take effect on 22 September 2023. Further announcements will be made to confirm when the notice of the Meeting has been despatched to shareholders, and also following the Meeting to confirm the outcome of the resolution to approve the appointment.

The Company makes this announcement in accordance with LR 9.6.11R of the Listing Rules. There are no other matters to be disclosed under LR9.6.13R in relation to the appointment of Hounaïda Lasry.

Enquiries

B&M European Value Retail S.A.

For further information please contact +44 (0) 151 728 5400

Alex Russo, Chief Executive Officer


Mike Schmidt, Chief Financial Officer

Investor.relations@bandmretail.com

Media

For media please contact +44 (0) 207 379 5151

Maitland


Sam Cartwright

bmstores-maitland@maitland.co.uk