Petards Regulatory News (PEG)

FOR IMMEDIATE RELEASE 19 December 2023

Petards Group Plc

("Petards" or the "Group")

Directorate Change

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that Terry Connolly, Non-Executive Director, has notified the Board of his intention to retire from the Board with effect from 31 December 2023.

Raschid Abdullah, Chairman of Petards commented: "Terry has been a valued Board member for many years and has made important contributions to the operation of the Board and its committees, acting as the Senior Independent Non-Executive Director and as chair of the Audit Committee. On behalf of the Board I would like to thank him for his efforts and wish him a long and enjoyable retirement."

On Terry's retirement, John Wakefield will be appointed Senior Independent Non-Executive Director and Geraint Davies will be appointed Chair of the Audit Committee.

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