CBP.L Regulatory News (CBP)

10 January 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION NO 596/2014 (INCORPORATED INTO UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 AS AMENDED BY VIRTUE OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Curtis Banks Group plc

("Curtis Banks", "the Group" or "the Company")

Board appointment

Curtis Banks, one the U.K.'s leading SIPP providers, today announces the appointment of Peter Docherty as Interim Chief Executive Officer and an Executive Director of the Group with immediate effect, pending regulatory approval.

The appointment of Peter will result in David Barral reverting to the role of Non-Executive Chairman with effect from 1 February 2023, having fulfilled the role of Executive Chairman since August 2022.

Peter has over 20 years of experience in financial services, having most recently been the Chief Executive and Managing Director of the Embark Platform during which time he led a significant increase in customers and assets under administration driven by organic growth and integration initiatives. Previous positions include the roles of Chief Executive Officer and Chief Risk Officer of Alliance Trust Savings Limited.

David Barral, Chairman of Curtis Banks, commented: "Peter is a highly capable senior executive with an impressive track record in leadership, transformation, operations and delivering results. He joins us at an exciting time as we work towards the completion of the acquisition by Nucleus. Having an experienced CEO at the helm is an important step in strengthening our leadership team and allows me to step back into my role as Non-Executive Chairman."

Peter Docherty, Interim CEO, commented: "I am excited to join Curtis Banks at this critical juncture for the Company and following the announcement of the proposed acquisition by Nucleus. Curtis Banks has been at the forefront of retirement solutions in the UK wealth market and has the capabilities, competitive position and talent to build momentum and capitalise on the opportunities that exist in its core market segments. I am delighted to lead the business through the next stage of its growth journey."

AIM disclosures:

The following information regarding the appointment of Peter Gordon John Docherty, aged 41, is disclosed under Schedule 2(g) of the AIM Rules for Companies.

Current directorships and/or partnerships:

ELT Recycling Limited

Former directorships and/or partnerships (within the last five years):

Alliance Trust Savings Limited

Embark Investment Services Limited

Investor Nominees (Dundee) Limited (previously Alliance Trust Savings Nominees Limited)

Peter Docherty does not have any beneficial interest in the ordinary shares of the Company.

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

For more information, please contact:

Curtis Banks Group plc via Instinctif Partners

David Barral - Executive Chairman

Dan Cowland - Chief Financial Officer

Peel Hunt LLP (Nominated Adviser & Joint Broker) +44 (0) 20 7418 8900

Andrew Buchanan

James Steel

Singer Capital Markets Limited (Joint Broker) +44 (0) 20 7496 3000

Rick Thompson

James Moat

Instinctif Partners (investor relations adviser to Curtis Banks) curtisbanks@instinctif.com

Tim Linacre +44 (0) 20 7457 2020

Victoria Hayns

Joe Quinlan