Comptoir Grp Regulatory News (COM)

Correction: the below RNS replaces RNS number 9114Q. The corrections are the resolution numbers referred to in paragraphs 3 and 4. No other changes have been made.

30 June 2022

Comptoir Group plc

("Comptoir", the "Company" or the "Group")

Result of AGM and Directorate Change

Comptoir Group plc today announces that at the AGM held earlier today, Resolutions 1, 3 and 4 were passed while Resolutions 2, 5 and 6 did not pass. As Resolution 2 was not passed Mr Richard Kleiner was not re-elected as a Director of the Company.

A copy of the AGM Proxy Results are available to view or download in pdf format from the Company's corporate website: https://investors.comptoirlibanais.com/

Following the AGM, a board meeting was held where it was agreed that Mr Kleiner should be re-appointed as Chairman of the Company with immediate effect. In making this decision to re-appoint Mr Kleiner, the Directors in attendance at the board meeting took into account that 100 per cent. of all shareholders who voted on Resolution 2, save for Mr Tony Kitous, voted in favour of the re-election of Mr Kleiner. Further, the Directors in attendance also considered the need for an independent non-executive Director in order to maintain a well-functioning, balanced management team led by a Chairman.

Tony Kitous, Founder and Creative Director of the Company, who is the holder of 58,412,503 ordinary shares of 1 pence each in the capital of the Company, representing 47.6 per cent of the issued ordinary share capital in the Company voted against Resolutions 2, 5 and 6. Mr Kitous did not attend either the AGM or the board meeting held after the AGM.

Further information required to be disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Mr Kleiner being re-appointed as a director of the Company is set out below:

Mr Richard Howard Kleiner, aged 63, currently holds or has held in the past five years the following directorships:

· Spianata & Company Limited, which Mr Kleiner resigned as a director from in January 2021, entered administration on 6 April 2021.

· Mr Kleiner holds a total of 610,000 ordinary shares in the Company, representing 0.49 per cent. of the Company.

· Save as disclosed above, there are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Capitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to them in the Company's announcement made at 2.00 p.m. on 28 June 2022, unless the context requires otherwise.

The Directors of the Company accept responsibility for the content of this announcement.