HYVE.L Regulatory News (HYVE)

3rd February 2022

Hyve Group plc

("Hyve" or the "Group")

Board Changes

Hyve Group plc today announces changes to its Board.

At the close of today's Annual General Meeting (AGM), Stephen Puckett, Non-Executive Senior Independent Director, who did not seek re-election to the Board, will cease to be a director. Nick Backhouse, Non-Executive Director and Chair of the Audit Committee, will take on the role of Senior Independent Director.

Stephen has been a Non-Executive Director with the Group since 2013 and had come to the end of his tenure. Stephen was a member of the Audit and Remuneration Committees throughout his time at Hyve and chaired the Audit Committee from 2014 until 2020. In January 2020, he was appointed Chair of the Group's Risk Committee which, on an interim basis, will be taken over by John Gulliver, CFOO. Stephen has also been the Non-Executive Senior Independent Director since 2019.

Nick Backhouse has held the role of Non-Executive Director with the Group since 2019 and has been Chair of the Audit Committee since 2020. He has extensive experience at Board level and is currently, amongst other roles, a Senior Independent Director of both Hollywood Bowl Group plc and Loungers plc.

In addition, Sharon Baylay has indicated her intention to stand down from the Board of Hyve with effect from 1 March 2022. Sharon was appointed a Non-Executive Director of the Group in April 2014. She has been Chair of the Remuneration Committee since October 2017, chairs the Group's newly formed Environmental, Social and Governance Committee since June 2021 and sits on both the Risk and Audit Committees.

Hyve has strengthened its Board with the appointment of two new Non-Executive Directors, Anna Bateson and Rachel Addison, with effect from 1 March 2022.

Anna has a leadership and management background spanning media, retail, news and technology. She has held a number of roles at the Guardian Media Group, including as Interim CEO. Prior to that, Anna served as a Digital Director at Charlotte Tilbury, Senior Director in the YouTube Global Consumer Marketing team at Google Inc, and also held marketing roles at ITV and MTV among others.

Currently Anna is serving as CEO of Josh Wood Colour, a founder-led fast growing home hair care brand.

Rachel brings nearly 30 years of finance and operational management experience and has most recently been Chief Financial Officer of Future plc, the global platform business for specialist media. Prior to Future, she was CFO at TI Media Limited and held a number of senior financial, operational and board level roles at Trinity Mirror (now Reach) Regionals, Local World Limited, Northcliffe Media Limited and Boots the Chemist where she was Head of Risk Management. Rachel is a chartered accountant having started her career at Arthur Andersen. She is currently a Non-Executive Director at Marlowe plc and Mango Publishing Group.

Appointments to Board Committees will be confirmed in due course.

Richard Last, Chairman of Hyve plc, commented:

'I would like to warmly thank both Stephen and Sharon for their considerable contribution to the Group's transformation during the TAG programme, as well as for their wisdom and support during unprecedented times as Chairs of Risk and Remuneration Committees respectively, as we navigated the business through the global pandemic. Sharon's leadership of the ESG initiatives has been invaluable and as a Group, we remain committed to making a meaningful progress on our journey to becoming a fully sustainable business.

I am delighted to welcome Anna and Rachel to the Board. Both bring a wealth of experience and expertise in areas which will be invaluable to the Group as we continue to emerge from the pandemic and develop our omnichannel strategy.'

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About Hyve Group plc

Hyve Group plc is a next-generation global events business whose purpose is to bring together and connect entire sector ecosystems from all corners of the globe. We meet our customer needs to learn, network and trade via both market-leading in-person and online events. Hyve Group plc is all about globally consistent best practice and unrivalled quality. Our vision is to create the world's leading portfolio of content-driven, must-attend events delivering an outstanding experience and ROI for our customers. Hyve's market-leading portfolio of global brands include: Shoptalk, Spring Fair, MosBuild, Bett, Mining Indaba and recently acquired Retail Meetup, a ground-breaking digital platform enabling online networking and trade to take place at scale.

Where business is personal, where meetings move markets and where today's leaders inspire tomorrow's.