Pebble Beach Regulatory News (PEB)

23 August 2022

Pebble Beach Systems Group plc

("Pebble" or the "Group")

Board Change

Pebble announces that David Dewhurst has resigned as a Director of the Company with immediate effect and has left the executive role of Chief Finance Officer. For the foreseeable future David will not be replaced and the finance function, as previously, will report to the CEO.

Peter Mayhead Group Chief Executive Officer of Pebble, said:

"David joined Pebble in 2020 to support our growth strategy, including exploring funding opportunities and M&A strategy. However, it has become clear that the current economic environment is not conducive to any significant fundraising and therefore we agreed that Pebble is unable to benefit from his extensive skills and experience at this time.

I have enjoyed working with David over the past two years as we navigated the challenges of Covid and the changing economic situation. I would like to take this opportunity to thank him, on behalf of the Board and colleagues for his commitment and contribution during his time here. He leaves with our best wishes for his future career.

As I resume overall responsibility for the finance function I am pleased to say that I will be supported by our Head of Finance, Paul Inzani ACMA. Paul already possesses a deep knowledge of the Company's operations and financial functions. With over 18 years of relevant work experience, previously as Group Head of Finance for LineUp Software, I am confident we have the combined skills to cover all CFO duties for the foreseeable future. Paul will be in attendance at board meetings."

For further information please contact:

The Company is listed on the LSE AIM market (PEB.L). More information can be found at www.pebbleplc.com.