NUM.L Regulatory News (NUM)

Numis Corporation Plc ("Numis")

Board Change

10 August 2021

Numis (the 'Company') announces that Alan Carruthers, Chairman of the Board, will stand down at the Company's Annual General Meeting in February 2022. Alan was appointed to the Board as Chairman in March 2017.

Luke Savage, Non-Executive Director and currently Chairman of Numis' Audit and Risk Committees, will succeed Alan as Chairman of the Board at the completion of the 2022 Annual General Meeting.

Luke has over 30 years of experience across the financial services industry. His previous roles include Chief Financial Officer at Standard Life Plc and Lloyd's of London Corporation as well as senior financial roles at Deutsche Bank and Morgan Stanley. He is currently Non-Executive Chairman of Chesnara Plc and is a Non-Executive Director of Liverpool Victoria Financial Services Limited, DWF Group Plc and Queen Mary, University of London Foundation.

On appointment as Chairman, Luke will retire as chairman of the Audit and Risk Committees. Numis will be undertaking a search for a new Non-Executive Director and will make an announcement in due course.

Alex Ham and Ross Mitchinson, Co-Chief Executive Officers of Numis said:

"We would like to thank Alan for his energetic and valued leadership over the past five years. Under Alan's stewardship, the business has delivered excellent financial results and made significant strategic progress. We are very grateful for Alan's outstanding contribution and he leaves the Board with Numis well positioned to continue pursuing its growth ambitions.

We are delighted that Luke, a highly experienced Executive and Non-Executive Director, has agreed to take up the role of Chairman. Luke has extensive knowledge across the financial services industry which Numis has already benefitted from significantly. We look forward to embarking on the next phase of our growth plans under Luke's guidance."

Luke Savage said:

"I look forward to continuing to work with our strong executive team as I step into the Non-Executive Chairman role at an exciting stage of Numis' evolution. We will carry on building on the company's successes, assess new strategic opportunities, and maintain our focus on delivering excellence for our clients and strong returns for our shareholders".

Alan Carruthers, Chairman said:

"It has been a pleasure to be Chairman of Numis and contribute to its development over the past five years. In a highly competitive industry it has performed with distinction and established itself as a leading independent investment bank. I am stepping down from the Board to pursue new challenges, and I look forward to watching Numis continue to grow in stature."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014

Contacts:

Numis Corporation:

Noreen Biddle-Shah, Head of Corporate Communications 020 7260 1441

Brunswick:

Nick Cosgrove 020 7404 5959

Simone Selzer 020 7404 5959

Grant Thornton UK LLP (Nominated Adviser):Philip Secrett 020 7728 2578

Harrison Clarke 020 7184 4384

Notes for Editors

Numis is a leading independent investment banking group offering a full range of research, execution, corporate broking and advisory services to companies and their investors. Numis is listed on AIM, and has offices in London and New York.