Manolete Partn. Regulatory News (MANO)

6 January 2022

MANOLETE PARTNERS PLC

("Manolete" or the "Company")

Appointment of Independent Non-Executive Director

Manolete (AIM: MANO), the leading UK-listed insolvency litigation financing company, today announces the appointment of Annie Devoy as an independent Director and Chair of the Audit Committee with effect from 5 January 2022. Lee Manning, who has been an independent Non-Executive Director and Chair of Manolete's Audit Committee since November 2018, is also stepping down from the Board with effect from the same date.

Ms Devoy is a qualified Chartered Accountant. She joined PwC in 1985, specialising in international tax matters, and became a partner of the firm in 2002. Prior to retiring from PwC in 2020, she had latterly undertaken a variety of leadership positions within PwC's Tax, Legal and People Advisory business.

Steven Cooklin, Chief Executive Officer, said: "We are delighted to have appointed Annie to the Board. She will bring a vast amount of experience to our governance and, in particular, to the Audit Committee's oversight of our risk and financial controls.

"Today we also bid farewell to Lee Manning, who has skilfully led our Audit Committee since our IPO in 2018. His contribution to our success has been considerable and we offer him our sincere thanks for the commitment and insight he brought to the role."

Annie Devoy, independent Non-Executive Director said: "'I am absolutely delighted to be joining Manolete at this time. Its innovative approach to the litigation finance sector has already established it as a well-respected leader in the market and I am looking forward to helping to grow the business further."

Lee Manning, outgoing Non-Executive Director, said: "It has been a pleasure to be part of the Manolete Board and to contribute to its success since IPO. With her extensive financial and leadership experience, I have no doubt that Annie will be an excellent member of the Board and Chair of the Audit Committee and I wish her, and all my colleagues at Manolete, all the best for the future."

Additional information

The following information is disclosed pursuant to Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.

During the last five years immediately preceding the date of this announcement, Anne Elizabeth McIntosh (nee Devoy), who is 57 years old, held the following directorships and partnerships:

Save as disclosed above, there is no further information required to be disclosed in respect of Annie Devoy pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.

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