Carclo Regulatory News (CAR)

12 February 2021

Carclo plc

Appointment of Director and CFO

Carclo plc (the "Company") is pleased to announce that Phil White will be appointed as Chief Financial Officer and a Director of the Board with effect from 1 March 2021. Phil has acted as Interim Chief Financial Officer since 16 December 2020.

Phil is a chartered accountant with many years of experience in senior finance roles in manufacturing and other industries. He has held Chief Financial Officer and Executive roles for several private and listed companies on both interim and permanent contracts.

Nick Sanders the Executive Chairman of Carclo plc said "I am delighted to welcome Phil to the Board of Carclo plc. His significant experience will be a great asset to the business and I welcome him to our team".

There is no further information required to be disclosed pursuant to paragraph LR 9.6.13R of the Listing Rules of the Financial Conduct Authority in connection with Phil's appointment.

Carclo also announces that Eric Hutchinson, who was appointed a Non-Executive Director on 7 January 2021, will take over as Chairman of the Audit Committee from Peter Slabbert, the current Audit Committee Chairman, with effect from 1 March 2021. Peter will step down from the Board on 31 March 2021.

About Carclo plc

Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange. The Group is a global provider of value-adding engineered solutions for the medical, optical and aerospace industries.

LEI: 21380078MEM399JPI956

Enquiries:

Carclo plc 01924 268040

Nick Sanders - Executive Chairman

FTI Consulting 020 3727 1340

Nick Hasell / Susanne Yule