Kier Regulatory News (KIE)

16 December 2019

Kier Group plc

Appointment of Chairman

Kier Group plc ("Kier") announces the appointment of Matthew Lester as Chairman of its board of directors (the "Board"), with effect from 1 January 2020.

In his executive career, Mr. Lester was the Group Chief Financial Officer of Royal Mail plc from 2010 to 2017, having previously been the Group Finance Director of ICAP plc and held a number of senior finance positions at Diageo plc. Mr. Lester is a chartered accountant, qualifying with Arthur Andersen before spending the early part of his career with Kleinwort Benson.

More recently, Mr. Lester has been a non-executive director of Man Group plc (since 2011), Barclays PLC (since 2017) and Capita plc (since 2017). As announced today, Mr. Lester will stand down from the board of directors of Barclays PLC with effect from 1 January 2020.

Mr. Lester will be the Chairman of the Nomination Committee and a member of the Remuneration Committee.

Philip Cox will stand down as Chairman and from the Board on 1 January 2020.

Commenting on his appointment, Matthew Lester said: "I am delighted to be joining Kier as its Chairman. I look forward to working with the Board to deliver the Group's strategic priorities and in continuing to build the foundations for its future."

No further information is required to be disclosed pursuant to Listing Rule 9.6.13R.

This announcement does not constitute an offer of securities by Kier Group plc (the "Company"). Nothing in this announcement is intended to be, or intended to be construed as, a profit forecast or a guide as to the performance, financial or otherwise, of the Company or any of its subsidiaries (together, the "Group") whether in the current or any future financial year. This announcement may include statements that are, or may be deemed to be, ''forward-looking statements''. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future and may be beyond the Company's or the Group's ability to control or predict. Forward-looking statements are not guarantees of future performance. You are advised to read the section headed ''Principal risks and uncertainties'' in the Company's Annual Report and Accounts for the year ended 30 June 2019 for a further discussion of the factors that could affect the Company's or the Group's future performance and the industry in which it operates. Other than in accordance with its legal or regulatory obligations, the Company does not accept any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise.