Boohoo Regulatory News (BOO)

boohoo group plc

("boohoo" or "the group")

Board Update

boohoo group, a leading online fashion group, has appointed Brian Small as Deputy Chairman of the Board with immediate effect. Brian is an existing independent Non-Executive Director, appointed in April 2019, and currently serves as Chair of the group's Audit Committee.

Brian, in his role as Deputy Chairman, will lead the Non-Executive Directors on matters where independence is required, as outlined in the group's 2019 Annual Report, assisting Group Executive Chairman Mahmud Kamani. Brian will continue to perform his duties as Chair of the Audit Committee until the financial accounts for FY 2019/20 are finalised and published and a new Audit Committee Chair can be appointed.

Brian has extensive Board expertise having previously served for 15 years as CFO of JD Sports plc. Prior to this, he held various executive positions at businesses including Intercare Group plc, Knightlow Group Limited, and Barr and Wallace Arnold Trust plc, amongst others. Brian is currently Audit Chair and a trustee of Retail Trust, a leading retail industry charity. His other non-executive positions include Pendragon plc and Mothercare plc, where he also holds the position of Audit Chair. Brian qualified as an accountant with Price Waterhouse in 1981.

Mahmud Kamani, Executive Chairman commented:

"Brian has been an important asset to the Board since his appointment in 2019 and we are delighted that someone with the depth of his Board experience is to fulfil the role of Deputy Chairman."

About boohoo group plc

"Leading the fashion eCommerce market"

Founded in Manchester in 2006, boohoo is an inclusive and innovative brand targeting young, value-orientated customers. For 13 years, boohoo has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions into menswear, through boohooMAN.

In early 2017 the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing, and free-thinking brand Nasty Gal. In March 2019 the group acquired the MissPap brand and in August 2019, the Karen Millen and Coast brands, all complementary to the group's scalable multi-brand platform. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices. These investment propositions have helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 40-year-olds around the world. As at 31 August 2019, the boohoo group has over 13 million active customers across all its brands around the world.