Boohoo Regulatory News (BOO)

boohoo group plc

("boohoo" or "the Group")

Directorate Changes

boohoo (AIM: BOO), a leading online fashion retailer, is pleased to announce the appointment of Tim Morris to the Board as Non-Executive Director, with effect from today. Tim will become a member of the Audit, Nomination, Remuneration, and Risk Committees on appointment.

Tim is currently Group General Counsel & Company Secretary at TalkTalk Telecom Group Limited, which was on the main list of the London Stock Exchange until March 2021 and which he joined prior to its IPO in 2010. He held similar positions at Carphone Warehouse Group PLC prior to its IPO in 2000 until 2015 during which time it merged with Dixons to create Dixons Carphone PLC. He is also a founding Partner of Freston Ventures Investments LLP, which invests in a number of private businesses including Five Guys Europe, in addition to various indirect private equity and investment funds. Tim is a Solicitor who worked in private practice before 2000 specialising in corporate finance.

Simultaneously, after nearly four great years on the board, Pierre Cuilleret steps down as a Non-Executive Director with effect from today.

Mahmud Kamani, Group Executive Chairman, commented:

"I am delighted to welcome someone of Tim's calibre to the Group and look forward to his contribution. His extensive experience will broaden and enrich the Board's overall expertise and provide a high level of scrutiny and accountability.

"On behalf of the Board, I would like to thank Pierre for his positive contribution to the Group throughout his period of service. His business expertise, integrity and wisdom have greatly assisted during a period in which the Group has seen significant growth and expansion."

Tim Morris, commented:

"I look forward to helping the Group execute its strategy to become a leader in global fashion e-commerce and shaping a culture that creates value for stakeholders over the long term, particularly by adding increased independent oversight of risk management and corporate governance practices."

The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.

Timothy Simon Morris (aged 56) holds or has held the following directorships or partnerships in the past five years:

Tim has no shares in the Group.

There is no further information to be disclosed pursuant to Schedule Two Part (g) of the AIM Rules for Companies.

About boohoo group plc

"Leading the fashion eCommerce market"

Founded in Manchester in 2006, boohoo is an inclusive and innovative global brand targeting young, value-orientated customers, pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.

In 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, in August 2019 the Karen Millen and Coast brands and in June 2020 the Warehouse and Oasis brands, all complementary to the Group's scalable, multi-brand platform. In January 2021, the Group acquired the intellectual property assets of Debenhams, with the goal of transforming a leading UK fashion and beauty retailer into an online marketplace through a new capital light and low risk operating model. In February 2021, the Group acquired the intellectual property assets of UK brands Burton, Dorothy Perkins and Wallis.