Kainos Group Regulatory News (KNOS)

20 May 2024

Kainos Group plc

("Kainos" or the "Company") 

Board and Board Committee Changes

Kainos Group plc (KNOS), a UK-headquartered provider of sophisticated IT services with expertise across three divisions: Digital Services, Workday Services, and Workday Products, today announces the following Board and Board Committee changes:

- Tom Burnet, Independent Non-Executive Director, Board Chair and Chair of the Nominations Committee, will complete his term on the Board following the Company's Annual General Meeting on 24 September 2024.

- Andy Malpass, Independent Non-Executive Director, Senior Independent Director and Chair of the Audit Committee will complete his term on the Board after the Company's Annual General Meeting on 24 September 2024. Andy will step down as Chair of the Audit Committee with effect from 01 June 2024 but will remain a member of the Audit Committee until the conclusion of the Company's Annual General Meeting on 24 September 2024.

- Rosaleen Blair, Independent Non-Executive Director, member of the Nominations Committee, member of the Audit Committee and member of the Remuneration Committee will succeed Tom as the new Board Chair and Chair of the Nominations Committee, with effect from the conclusion of the Company's Annual General Meeting on 24 September 2024. At this time, in compliance with the Corporate Governance Code, Rosaleen will step down as a member of the Audit Committee.

- James Kidd Independent Non-Executive Director, member of the Audit Committee and member of the Remuneration Committee will assume the role of Chair of the Audit Committee with effect from 01 June 2024 and with effect from the conclusion of the Company's Annual General Meeting on 24 September 2024will assume the role of Senior Independent Director, succeeding Andy and will become a member of the Nominations Committee

Russell Sloan, CEO commented on the changes:

"Our AGM later this year will mark the completion of Tom and Andy's term on our Board. Tom and Andy were both appointed Non-Executive Directors at our IPO in 2015 and over the past nine years have been instrumental in establishing Kainos as a leading public company.

We are incredibly grateful for the energy, insight and guidance that Tom and Andy brought to the business during their time on our Board.

We are delighted that Rosaleen will be assuming the position of Board Chair and James' market experience makes him ideally placed for the role of Senior Independent Director."

This notification is made pursuant to Listing Rule 9.6.11.

Kainos Group plc Legal Entity Identifier: 213800H2PQMIF3OVZY47 

Regulated Information Classification: 3.1 - Additional regulated information.

Ends

For further information, please contact:

Kainos via FTI Consulting LLP

Russell Sloan, Chief Executive Officer

Richard McCann, Chief Financial Officer

Investec Bank plc +44 20 7597 5970

Patrick Robb / Ben Griffiths / Nick Prowting

FTI Consulting LLP +44 20 3727 1000

Dwight Burden / Kwaku Aning / Usama Ali

About Kainos

Kainos Group plc is a UK-headquartered provider of sophisticated IT services to major public sector, commercial and healthcare customers. Our expertise spans three divisions: Digital Services, Workday Services, and Workday Products.

Digital Services: We develop and support custom digital service platforms that transform service delivery in public, commercial, and healthcare sectors. Our solutions ensure security, accessibility, cost-effectiveness, and improved user outcomes.

Workday Services: Specialising in deploying Workday, Inc.'s Finance, HR, and Planning products, we are a respected partner in Europe and North America. Experienced in complex deployments, we are trusted to launch, test, expand, and support Workday systems.

Workday Products: Our established product suite, incorporating Smart Test, Smart Audit, and Smart Shield, complements Workday by enhancing system security and compliance. Our Employee Document Management product, launched in October 2023, improves document generation and storage within Workday while supporting global compliance requirements. Over 450 global customers use one or more of our products.

Our people are central to our success. We have more than 2,900 people in 23 countries across Europe, Asia, and the Americas.

We are listed on the London Stock Exchange (LSE: KNOS) and you can discover more about us at www.kainos.com.