Mcbride Regulatory News (MCB)

18 February 2022

McBride plc

Board Changes

McBride plc ("McBride" or the "Company") announces the appointment of Regi Aalstad as a Non-Executive Director with effect from 14 March 2022.

Regi has extensive leadership experience in global fast moving consumer goods. She has held Regional General Manager and Vice President positions with Procter & Gamble in Europe, Asia, Middle East and Africa. Regi is a Non-Executive Director at Ontex Group NV and in several tech start-ups. She also works as an advisor to Private Equity and to global strategy consultancies. Regi holds a Master of Business Administration from the University of Michigan, USA.

She previously held Non-Executive Director positions at Telenor ASA, and Geberit AG and was the Chair of an international NGO.

Regi will serve as a member of the Nomination, Remuneration and Audit & Risk Committees. Regi's appointment satisfies the requirements of Provision 24 of the UK Corporate Governance Code.

Steve Hannam, Senior Independent Non-executive Director, having served nine years, will be stepping down from the Board immediately following the annual general meeting on 18th October 2022. Succession planning for his role as Senior Independent Director is underway and at the end of this process we should be in a position to release further information regarding the appointment of a new Senior Independent Director.

Jeff Nodland, Chairman of McBride commented:

"Regi brings extensive experience from the global fast moving consumer goods market. Her knowledge of the Asian and European markets, along with her strong board experience will be extremely beneficial to the Board. We are delighted to welcome Regi to McBride.

I would like to take the opportunity to thank Steve for his wise counsel and guidance over the last nine years. Steve's insight and contribution to Board discussions have been invaluable to the Board and the business, from which we will continue to benefit until the AGM. I wish him the very best for the future."

McBride has been notified that there are no further details to be disclosed in respect of Regi Aalstad pursuant to Rule 9.6.13 of the Listing Rules of the UK Listing Authority and this announcement is made in accordance with Listing Rule 9.6.11.