LSAI.L Regulatory News (LSAI)

21 March 2018

Proxama PLC

("Proxama" or the "Company")

Directorate change

Proxama (AIM: PROX), the leading mobile location and data intelligence expert, is pleased to announce that Benjamin Chilcott will be appointed as a non-executive director of the Company, following the conclusion of today's Annual General Meeting.

Benjamin co-founded the management consultancy company, Concise Consultants Limited, which was acquired by iris Worldwide, the integrated marketing agency in 2008. Following which, Benjamin became CEO of iris Concise Limited, the strategy and consulting arm, and served on the board of Iris Worldwide. Benjamin is also non-executive Chairman of the electronic receipts company, yReceipts Limited.

Mark Slade, CEO of Proxama, said, "We are thrilled to be welcoming Benjamin to our team. He brings with him a global view of how brands, agencies and products can intersect with technology and data and is well placed to help guide the Company as we move forward as Location Sciences."

Regulatory disclosures (in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies):

Benjamin Charles Chilcott, aged 48, is, or has been during the last five years, a director or partner of the following companies/partnerships:

Current directorships/partnerships:

Concise Consultants Limited

Datalytics Limited

iris Concise Limited

iris Partners LLP

Matchpint Limited

Pricing Solutions (UK) Limited

Savio Digital Limited

yReciepts Limited

Previous directorships/partnerships:

Iris Enterprises 1 Limited

Little Birdie Solutions Limited

Skiplex Limited

From July 2015 to August 2016, Benjamin was a director of Skiplex Limited, which entered into a creditors' voluntary liquidation on 18 July 2017.

No further disclosure is required under AIM Rule 17 and paragraph (g) to Schedule Two of the AIM Rules for Companies.