M P Evans Regulatory News (MPE)

M.P. EVANS GROUP PLC

("the Group" or "M.P.Evans")

DIRECTORATE CHANGE

M.P.Evans Group PLC, a producer of sustainable Indonesian palm oil, announces the following changes to its board of directors.

Jock Green-Armytage

The board of directors of M.P.Evans ("the board") announces that Jock Green-Armytage, a non-executive director, will be retiring from the board on 30 September 2022. The board wishes to express its gratitude to Jock for his exceptional contribution over his nine-year term as a non-executive, including being the senior independent director and chair of both the audit and remuneration committees. Jock will hand over his responsibilities as senior independent director and chair of committees to Bruce Tozer at the annual general meeting on 9 June 2022.

Michael Sherwin

The board is pleased to announce the appointment of Michael Sherwin as an independent non-executive director. He joins the board with effect from 1 July 2022. Michael has over 40 years' experience in finance and leadership roles, having originally trained and qualified as a chartered accountant with Price Waterhouse. He was the CFO of Games Workshop plc for ten years during a period of strategic development and expansion, followed by being the CFO at Vertu Motors plc for nine years during a phase of significant acquisition-led growth. In addition, he has worked as non-executive director on several listed boards, including at Plusnet plc where he was appointed on IPO and chaired the audit committee, and at Sumo Group plc where he also was appointed from IPO through to its successful sale in early 2022.

As an experienced non-executive director and audit committee representative, Michael recognises the importance of strategic management combined with good governance and a focus on risk management.

Peter Hadsley-Chaplin, executive chairman of the Group, said:

"We are sorry to be losing Jock's experience from and contribution to the board, both during his current tenure at M.P.Evans and previously at Rowe Evans Investments PLC. His wealth of experience in the sector and in corporate finance has been of great value to the Group. At the same time, we are delighted to be welcoming Michael, and we are confident that his skills and experience in finance and corporate governance will be greatly appreciated in an ever-changing regulatory environment. We look forward to welcoming him in July."

24 May 2022

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