Mobico Group Regulatory News (MCG)

31 October 2023

MOBICO GROUP PLC

Directorate Changes

Mobico Group plc ("Mobico" or the "Company") is pleased to announce the appointment of Enrique Dupuy de Lome Chávarri to the Board as an independent Non-Executive Director with effect from 1 November 2023. 

Enrique will become a member of the Audit Committee upon his appointment, with the intention that he will take over as Chair of the Audit Committee when Mike McKeon steps down from the Board at the Annual General Meeting in 2024 having served almost nine years.

Enrique is currently a Non-Executive Director and Chair of the Audit & Risk Committee at Wizz Air Holdings PLC, the UK listed airline group. Prior to this, he was the Group Chief Financial Officer at International Consolidated Airlines Group SA (IAG) and the Spanish airline Iberia. He has also previously held a number of Non-Executive roles at Amadeus IT Group, S.A, British Airways plc and Iberia Lineas Aereas de España, S.A.

Helen Weir, Chair of Mobico, commented: "I am delighted to welcome Enrique to the Board. As a former FTSE CFO and an experienced Audit Chair with a wealth of experience internationally in transportation and customer facing industries, I'm sure he will make a valuable contribution to the Mobico Board."

No other details in relation to Enrique's appointment are required to be disclosed in respect of Rule 9.6.13 of the Listing Rules.

For further information, please contact:

Simon Callander

Company Secretary

+44 (0) 7795 232708

Gillian Saunderson

Deputy Company Secretary

+44 (0) 7471 142961

Notes

1. The Company announced on 18 July 2023 that it had commenced a search process for a successor to Mike McKeon as Chair of the Audit Committee. Mike will have served almost nine years as a Non-Executive Director of Mobico Group Plc by the time he stands down at the AGM in 2024.

2. Legal Entity Identifier: 213800A8IQEMY8PA5X34

3. This announcement is made pursuant to LR 9.6.11R(1) - (4) and LR 9.6.13R of the Listing Rules and is classified as regulated information under 3.1 of DTR 6 Annex 1R of the Disclosure Guidance and Transparency Rules