Filtronic Regulatory News (FTC)

02 November 2021

Filtronic plc

("Filtronic")

Directorate Change

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, telecoms infrastructure and critical communications markets, is pleased to announce that further to Reg Gott's retirement at the AGM on 28 October 2021, it has appointed Jonathan Neale as Non-Executive Chairman, effective 15 November 2021. Jonathan will also be a member of the Audit and Remuneration Committee, as well as Chair of the Nominations Committee.

Jonathan Neale has been Chief Operating Officer of McLaren Group for the past five years, prior to which he held a number of executive roles including Chief Executive Officer of McLaren Racing F1, between 2001 to 2016. He has occupied principal roles, leading strategic operational and infrastructure planning for the business and has been pivotal in the integration of the McLaren Racing, McLaren Applied and McLaren Automotive businesses.

Prior to McLaren, Jonathan had been at BAE Systems, UK, as Managing Director - Hawk Military Aircraft. Having started by working as a Project Design Engineer where he led major systems projects for commercial aircraft, he was then promoted to Director of Operations and Support Operations at BAE's Manchester and Prestwick sites and was responsible for aircraft production, customer support and pilot training. Thereafter he returned to defence systems and aircraft, taking charge of the Hawk Fast Jet Programme as Managing Director in 1999.

Jonathan gained an MBA during the 1990s and participated in the UK Government's prestigious Top Management Programme working with public and private sector colleagues.

Jonathan graduated from the University of Nottingham with an honours degree in physics and is a Fellow of the Institute of Directors; a council member of the charity The Foundation for Science and Technology; a Fellow of the Institute of Engineering and Technology; and a Chartered Engineer.

Richard Gibbs, Chief Executive Officer, commented: "I am delighted to welcome Jonathan to Filtronic, with his extensive aerospace experience and leadership across fast moving technology businesses, and I look forward to working with him as we seek to execute engineering programs and scale the organisation".

Jonathan Neale, Non-Executive Chairman, commented: "I have been impressed with the capabilities of the Filtronic organisation and I look forward to working with the Board to expand and grow the Filtronic capability from its very solid engineering base into new markets, partnerships and customers".

As required under Schedule Two, paragraph (g) of the AIM Rules for Companies, further disclosures on Jonathan Neale are as follows:

Enquiries:

Notes:

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.