Hargreaves Lansdown Regulatory News (HL.)

Hargreaves Lansdown plc

("Hargreaves Lansdown plc", "the Company" or "HL") 

2nd February 2018

Appointment of New Chair and Board changes

The Board of Hargreaves Lansdown plc ("the Board") is pleased to announce the appointment of Deanna W. Oppenheimer as a Director with immediate effect and as Non-executive Chair and Chair of the Nomination Committee with effect from 7 February 2018.

Deanna currently has roles as the Senior Independent Director and Chair of Remuneration Committee of Tesco plc, non-executive director and Chair of the Remuneration Committee of Whitbread plc, and as a non-executive director of AXA Group and Worldpay (previously Worldpay plc).

Her rich executive experience includes transforming the retail banking division at Barclays and Deanna is also founder of CameoWorks, a consumer focused boutique advisory firm which works with fintech businesses and other technology disrupters.

In the last 5 years, she has also held a directorship at NCR Corp.

Mike Evans will stand down as Non-Executive Chairman and retire from the Board with effect from 7 February 2018, and Chris Barling will stand down as a Non-Executive Director and the Senior Independent Non-Executive Director ("SID") from the same date. Shirley Garrood is appointed as SID with effect from 7 February 2018, succeeding Chris Barling.

Comment

Chris Hill, CEO of Hargreaves Lansdown, said "We are delighted to announce Deanna's appointment. The knowledge and experience that she has built up throughout her executive and non-executive career, with its focus around customer engagement and technology, make her an ideal Chair to lead the Board into our next phase of growth.

Mike joined the Board of Hargreaves Lansdown in September 2006 prior to the IPO in May 2007 and his integrity and leadership style has contributed strongly to the development of the Board and our governance framework. We have benefitted from his extensive experience and challenge as the Group has grown into the market leading, client-focused, FTSE100 business it is today. On behalf of the Board and indeed from everyone at HL, I would like to express my gratitude to Mike for his immense contribution to the Group.

Chris has served on the Board since August 2010 and as the SID and Chair of the Remuneration Committee since October 2013. His technological insight and entrepreneurial thinking have been of great value. We are also grateful for his role in the search which has resulted in Deanna's appointment and we thank him and wish him well with his business ventures."

Deanna Oppenheimer, Chair-elect of Hargreaves Lansdown, said "Hargreaves Lansdown is an innovative market leader for very good reasons and I was immediately attracted by the people, their values and the client first culture. Against a backdrop of a huge savings gap, political uncertainty and technological change, our challenge is to continue to make people's financial lives as easy as we can and help them to save and invest with confidence. I am excited by the opportunities ahead of us and am looking forward to playing my part in the HL story."

Deanna will cease two of her roles by mid-2018 and these will be announced by the respective Boards at the appropriate time.

As at 2 February 2018, Deanna has confirmed that she owns no shares in Hargreaves Lansdown PLC.

Other than the directorships disclosed above, there are no matters required by paragraphs LR 9.6.13R (1) to (6) of the listing rules to be disclosed.

For further information please contact:

Hargreaves Lansdown +44 (0) 117 988 9967

Chris Hill, Chief Executive

James Found, Investor Relations

Danny Cox, Media Relations

LEI number: 2138008ZCE93ZDSESG90