SIG Regulatory News (SHI)

9 March 2018

SIG plc

Directorate Change

Retirement of Non-Executive Director

SIG plc (the "Company"), announces that Chris Geoghegan, a Non-Executive Director and Senior Independent Director of the Company, has today retired from the Board.

Mr Geoghegan's third term, nine years in total, serving as a Non-Executive Director of SIG, expires at the Company's 2018 Annual General Meeting on 10 May 2018.

After consultation with the Company's Nominations Committee and in line with the recommendations of the UK Corporate Governance Code (April 2016), Mr Geoghegan has decided to retire in advance of the Annual General Meeting and will not be putting himself forward for re-election.

The Board would like to thank Chris for his significant contribution over the last nine years.

Mel Ewell, a Non-Executive Director of the Company, has replaced Mr Geoghegan as its Senior Independent Director.

As part of the succession process, it has been agreed that Mr Ewell will also retire from the Board, once a new Non-Executive Director has been identified and appointed. However, he has agreed to continue to serve on the Board until that point, and accordingly will be seeking re-election at the forthcoming Annual General Meeting. Mr Ewell has been a Non-Executive Director since 1 August 2011 and served as the Interim Chief Executive from 11 November 2016 to 31 March 2017.

The process to identify a new Non-Executive Director has commenced.