Rolls-Royce Regulatory News (RR.)

Rolls-Royce Holdings plc

11 March 2021

BOARD CHANGES

Rolls-Royce announces that Lewis Booth, Sir Frank Chapman and Jasmin Staiblin will step down from the Board on 13 May 2021 and will not stand for re-election at the Annual General Meeting. Lewis Booth and Sir Frank Chapman both completed their nine-year terms in 2020 and were re-elected by shareholders at the 2020 Annual General Meeting. Jasmin Staiblin will complete her nine-year term in May 2021.

Sir Ian Davis, Chairman of Rolls-Royce, said: "I would like to thank all of them for their tremendous support during their tenure, their contributions and insights have been invaluable to the Board."

For further information, please contact:

Media

Richard Wray

Director of External Communications & Brand, Rolls-Royce plc

Tel +44 (0) 7810 850055

richard.wray@rolls-royce.com

Investors

Isabel Green

Head of Investor Relations, Rolls-Royce plc

Tel +44 (0) 7880 160976

isabel.green@rolls-royce.com

 www.Rolls-Royce.com

About Rolls-Royce Holdings plc

1. Rolls-Royce pioneers cutting-edge technologies that deliver clean, safe and competitive solutions to meet our planet's vital power needs.

2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 70 navies, and more than 5,000 power and nuclear customers.

3. Annual underlying revenue was £15.3 billion in 2019, around half of which came from the provision of aftermarket services.

4. In 2019, Rolls-Royce invested £1.45 billion on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

5. Rolls-Royce Holdings plc LEI: 213800EC7997ZBLZJH69.