R8 Capital Inv Regulatory News (MODE)

Mode Global Holdings PLC

("Mode" or "the Company" or "the Group")

Mode appoints Ryan Moore as Chief Executive Officer

Mode, the LSE-listed fintech group, announces that Mode director Ryan Moore has been appointed as the Company's first Chief Executive Officer (CEO) effective immediately. Founder Jonathan Rowland will remain as Chairman, working closely with Ryan to shape Mode's growth trajectory for the years ahead.

Ryan has been a member of the Board at Mode, an early investor since the business was founded and has been closely involved in key strategic business decisions since inception. He joined Mode from Baker Hughes, one of the world's largest energy technology companies, where he held multiple senior leadership positions. Ryan has over a decade of experience scaling and leading large global teams, deploying novel technologies across new markets and successfully executing high growth strategies. He has significant experience advising financial services companies on the adoption of new technologies as well as M&A transactions.

As CEO, Ryan will oversee Mode's day to day strategy and help drive and deliver the Group's ambitious growth strategy, innovative product launches and customer acquisition targets.

Commenting on his appointment, Ryan Moore, said: "Having closely worked with Jonathan and Mode's executive team since the company's founding, I have a deep understanding of Mode's strategy, successes and growth potential. As CEO of Mode, my focus will be to execute on the day-to-day strategy, ensure organisational efficiency, attract and develop talent and, most importantly, deliver on our promise of building a disruptive financial services ecosystem enabled by Bitcoin and Open Banking."

Jonathan Rowland, Chairman, said: "I'm delighted to welcome Ryan to the role of CEO at Mode. Ryan, whom I have closely worked with over the past few years, has unrivalled expertise in scaling a disruptive and rapidly-growing technology organisation, with a strong track record for delivering results. Since listing on the LSE Main Market in October 2020, we've been successfully executing on our product expansion plans, and Ryan is well positioned to capitalise on this trajectory, hit the ground running and accelerate our path to become a leading player in the fintech arena."

"The global fintech sector is fast evolving and Mode is pioneering the development of a truly digitally-native financial services ecosystem. I'm excited to have Ryan join us so that together we can continue to drive this innovation and deliver on Mode's goal to build an all-encompassing ecosystem where wealth creation and value exchange is seamless for all economy participants."

Ryan achieved his Bachelor's in International Business from the University of Tulsa in the United States and holds a Global MBA from Thunderbird School of Global Management.

Ryan is a shareholder of Mode via Tulham LLC, in which he owns 50% of the interests, and the Keve Family Ltd Partnership, in which Ryan and/or members of his family are interest holders. Currently, Tulham LLC holds 3,506,094 Mode shares and Keve 3,000,000. Ryan's current directorships include Mode Global Holdings PLC, Tulham LLC and Keve FLP.

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Contact

Maitland/AMO (PR): James Isola/Kate Pledger mode@maitland.co.uk