Northamber Regulatory News (NAR)

6 April 2021

Northamber PLC

Board Appointments

Northamber PLC (AIM:NAR) is pleased to announce the appointments to the Board of Tony Lee as Finance Director and Riccardo Reggio as a Non-Executive Director, each with effect from 1 April 2021.

Tony Lee re-joined Northamber as Director of Finance in August 2020, having previously held that role at the Company from 2003 to 2005 and is a Fellow of the Institute of Chartered Accountants of England and Wales. Tony trained at KPMG and has held a number of senior finance roles at private companies and was Chief Executive of AIM quoted Formjet plc from 2006 to 2010.

Riccardo Reggio is an experienced corporate strategy and M&A adviser who works with a variety of companies to help them achieve their strategic goals. Riccardo has advised public and private companies both in the UK and internationally and worked at Monitor Group for 15 years, including as a partner in the Monitor Corporate Strategy Practice and Group Corporate Finance Practice. Riccardo will join the Company's Audit and Remuneration Committees.

Colin Thompson, Chairman, commented "We are delighted to welcome Tony and Riccardo to the Board and with them their considerable respective experience which will further strengthen both our senior management team and the Board".

Additional Disclosures Required under the AIM Rules for Companies

In accordance with Schedule 2(g) of the AIM Rules, Antony Richard Lee (aged 55) currently holds the following directorships:

N/A

Previous directorships held in the past five years:

Panda Security UK Limited (April 2010 - August 2020)

Tony Lee does not currently hold any ordinary shares in the Company.

Save as set out above there are no further disclosures pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointment of Tony Lee.

In accordance with Schedule 2(g) of the AIM Rules, Riccardo Girorgio Francesco Ercole Reggio (aged 49) currently holds the following directorships:

RGR General Ltd

Nest321 Ltd

Previous directorships held in the past five years:

Macaroni Liberation Front Ltd (November 2015 - June 2019)

This restaurant start-up was established in 2015 with the aim of developing a concept from a single location to a chain, which was not fulfilled. Mr Reggio joined the board in an advisory role and left in June 2019. Subsequently, in November 2019, the then directors of the company decided to put the business through a Company Voluntary Liquidation process, with approximately £0.2 million owed to unsecured creditors, including in respect of a property lease.

Riccardo Reggio does not currently hold any ordinary shares in the Company.

Save as set out above there are no further disclosures pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointment of Riccardo Reggio.

Contacts: