Carclo Regulatory News (CAR)

7 November 2022

Carclo plc

("Carclo" or "the Company")

Board Changes

Carclo plc ("Carclo" or "the Company") confirms that for personal reasons Nick Sanders has stepped down from his role as Non-Executive Chair and as a Director of the Company with effect from 5 November 2022. The Board of Carclo ("the Board") has appointed Joe Oatley as Non-Executive Chair with effect from 6 November 2022.

Eric Hutchinson, a Non-Executive Director and Chair of the Audit Committee, was appointed as Senior Independent Director and Chair of the Remuneration Committee with effect from 6 November 2022.

A search is now underway for a new Non-Executive Director to join the Board.

Joe Oatley said "I would like to thank Nick for his effort and commitment leading Carclo through what has been a challenging period over the last two years and I wish him well for the future. I am looking forward to leading the Board and working with the management team to deliver value to all of our stakeholders."

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