SIG Regulatory News (SHI)

28 January 2021

SIG plc (Incorporated in England and Wales)

Company Number: 00998314

LSE Share Code: SHI

LEI: 213800VDC1BKJEZ8PV53

Appointment of Non-Executive Director and Chair of Audit Committee

SIG plc ("SIG", "the Group" or "the Company"), a leading supplier of specialist building solutions to trade customers across Europe, is pleased to announce the appointment of Shatish Dasani as a Non-Executive Director and Chair of the Audit Committee with effect from 1 February 2021. He will also be a member of the Nominations and Remuneration Committees. Shatish will replace Ian Duncan who will be stepping down as Non-Executive Director and Chair of the Audit Committee with effect from 31 January 2021. Ian had informed the Board last year that he was looking to reduce his work commitments and planned to retire from his role at the Company as soon as a successor could be appointed.

Shatish is currently a Non-Executive Director and Chair of the Audit & Risk Committee of Renew Holdings plc, and Trustee and Interim Chair of Unicef UK. He has also been appointed as a Non-Executive Director and Chair of the Audit & Risk Committee of Speedy Hire Plc with effect from 1 February 2021.

Shatish has over 20 years' experience in senior public company finance roles across various sectors including building materials, advanced electronics, engineering, general industrial, business services, construction and infrastructure. He was previously the Chief Financial Officer of Forterra plc and TT Electronics plc, and was also an alternate Non-Executive Director of Camelot Group plc and Public Member at Network Rail plc.

Andrew Allner, Chairman, commented, "We are delighted that Shatish will be joining SIG's Board. He is an experienced senior public company finance professional and Chair of Audit Committee. He has strong international experience across several sectors including industrial, building materials, technology, construction and infrastructure. Shatish has a proven track record of driving shareholder value which will be invaluable as we seek to return the Company to profitable growth.

"On behalf of the Board I would like to thank Ian for his dedication and commitment over the last four years and for his help in navigating the Company through some challenging times. The Board wishes Ian all the best for the future."

There are no further details to be disclosed for Shatish in respect of Listing Rule 9.6.13.

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