Mcbride Regulatory News (MCB)

31 May 2023

McBride plc

Directorate Change

McBride plc (the "Company") announces that Igor Kuzniar will step down as a Non-Executive Director of the Company with effect from 31 May 2023.

Igor joined the Board in June 2019, following constructive discussions with Teleios Capital Partners LLC, a European-focused investment firm, regarding Board composition and governance considerations. During his tenure, Igor became a member of the Nomination Committee and participated as an observer on both the Remuneration Committee and the Audit and Risk Committee.

Teleios is currently the largest shareholder in McBride with a shareholding of 24.90% of the issued share capital of the Company.

Jeff Nodland, Chairman of McBride, commented:

"The Board extends its thanks and appreciation to Igor for the commitment and contribution he has provided to McBride and its committees throughout his four years' service as a director. His insights and perspectives were invaluable as the Company charted a new direction with Programme Compass and navigated the challenges created by the current external environment. Igor leaves McBride with confidence in the Board and leadership to continue their good work in delivering the Company's strategy supported by a strong corporate governance framework."

Igor Kuzniar, Founding Partner of Teleios Capital Partners, commented:

"I am grateful to Jeff Nodland and the rest of the directors for the constructive collaboration over the past four years. I am stepping down from the Board today confident that McBride is equipped with the right strategic vision, governance framework and a strong leadership team, positioning it well to continue the implementation of Programme Compass."

This notice is given in fulfilment of the obligations under paragraph 9.6.11 of the Listing Rules.