De La Rue Regulatory News (DLAR)

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated by the Market Abuse Regulation (EU) No.596/2014, as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain.

18 May 2023

De La Rue plc

Clive Whiley appointed as Non-Executive Chairman

De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") is pleased to announce that, following a comprehensive selection process, it has appointed Clive Whiley as Non-Executive Chairman of the Board, effective immediately.

Clive Whiley has forty years' experience, both as an executive and non-executive director, across a wide range of industries and geographies in regulated and listed company governance positions. He is currently Chairman of Mothercare plc, and Senior Independent Non-Executive Director of Griffin Mining Limited and Sportech plc. He was previously Chairman of Dignity plc and a non-executive director of Grand Harbour Marina plc (listed in Malta), Camper & Nicholsons Marina Investments Limited and Stanley Gibbons Group plc.

Clive was responsible for successfully guiding Mothercare's emergence as an internationally-focused brand business alongside, at Dignity, leading twelve per cent of the UK funeral market in the eye of the Covid-19 pandemic and is capable of operating in all operational, financial or regulatory circumstances.

Accordingly, the Board believes that Clive's breadth and depth of experience and skills are what is required to pilot the business.

Nick Bray, who stepped into the role of Interim Chairman after Kevin Loosemore's resignation became effective on 1 May 2023, will now return to his previous role as a Non-Executive Director and chairman of the Audit Committee.

Margaret Rice-Jones, Senior Independent Director of De La Rue, commented, "I am pleased to welcome Clive to the Board of De La Rue. He brings a wealth of experience in listed companies operating in many different countries and environments. He is a highly respected business leader with a proven track record and ideally suited to support the executive team in delivering future growth."

Clive Whiley added, "I am delighted to be joining De La Rue, with its distinguished heritage, international outlook and a wealth of potential within the Group. I am keen to lend my proven experience and knowledge to assist management as it strives to optimise the underlying intrinsic value of the business."

Save as disclosed above, there are no further details to be disclosed pursuant to Listing Rule 9.6.13.

The person responsible for the release of this announcement on behalf of De La Rue for the purposes of MAR is Jon Messent (Company Secretary).

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About De La Rue

De La Rue plc's purpose is to secure trust between people, businesses and governments. As a trusted partner of governments, central banks and commercial organisations seeking to secure their global supply chains and cash cycles, De La Rue provides highly secure physical and digital solutions that underpin the integrity of economies and trade.

De La Rue's Currency division provides market-leading end-to-end currency solutions, from finished banknotes to secure polymer substrate and banknote security features to over half the central banks and issuing authorities around the world.

Our Authentication division protects revenues and reputations through the provision of physical and digital solutions to governments and commercial organisations. We also manufacture ID security components.

At 25 March 2023, De La Rue had over 1,800 employees who work with organisations in more than 140 countries, leveraging the group's manufacturing facilities in the UK, US, Malta, Sri Lanka and Kenya.

De La Rue's shares are traded on the London Stock Exchange (LSE:DLAR). De La Rue plc's LEI code is 213800DH741LZWIJXP78.

For further information please visit www.delarue.com.