Smith & Nephew Regulatory News (SN.)

8 February 2019

DIRECTORATE CHANGES

Smith & Nephew plc (LSE:SN, NYSE:SNN), the global medical technology business, today  announces, in accordance with Listing Rule 9.6.11(2) R, that Ian Barlow will retire as Senior Independent Director and Non-Executive Director, and Michael Friedman will retire as Chair of the Ethics & Compliance Committee and Non-Executive Director at the conclusion of the Annual General Meeting (AGM) on 11 April 2019.

Roberto Quarta, Chair, said

"Ian Barlow and Michael Friedman have served Smith & Nephew for many years, 15 collectively. We will miss their great wisdom and experience. On behalf of the whole Board I would like to thank them for their dedicated service and wish them well for the future."

Following the AGM on 11 April 2019, and subject to their re-election as Directors of Smith & Nephew plc at the AGM, Robin Freestone will be appointed as Senior Independent Non-Executive Director, in place of Ian Barlow and Marc Owen will succeed Michael Friedman as Chair of the Ethics & Compliance Committee. Additionally, Robin Freestone and Erik Engstrom will become members of the Nomination & Governance Committee and Virginia Bottomley and Roland Diggelmann will become members of the Ethics & Compliance Committee.

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About Smith & Nephew

Smith & Nephew is a portfolio medical technology business with leadership positions in Orthopaedics, Advanced Wound Management and Sports Medicine. Smith & Nephew has more than 16,000 employees and a presence in more than 100 countries. Annual sales in 2018 were $4.9 billion. Smith & Nephew is a member of the FTSE100 (LSE:SN, NYSE:SNN). For more information about Smith & Nephew, please visit our corporate website www.smith-nephew.com and follow us on Twitter, LinkedIn or Facebook.

Forward-looking Statements

This document may contain forward-looking statements that may or may not prove accurate. For example, statements regarding expected revenue growth and trading margins, market trends and our product pipeline are forward-looking statements. Phrases such as "aim", "plan", "intend", "anticipate", "well-placed", "believe", "estimate", "expect", "target", "consider" and similar expressions are generally intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. For Smith & Nephew, these factors include: economic and financial conditions in the markets we serve, especially those affecting health care providers, payers and customers; price levels for established and innovative medical devices; developments in medical technology; regulatory approvals, reimbursement decisions or other government actions; product defects or recalls or other problems with quality management systems or failure to comply with related regulations; litigation relating to patent or other claims; legal compliance risks and related investigative, remedial or enforcement actions; disruption to our supply chain or operations or those of our suppliers; competition for qualified personnel; strategic actions, including acquisitions and dispositions, our success in performing due diligence, valuing and integrating acquired businesses; disruption that may result from transactions or other changes we make in our business plans or organisation to adapt to market developments; and numerous other matters that affect us or our markets, including those of a political, economic, business, competitive or reputational nature. Please refer to the documents that Smith & Nephew has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Smith & Nephew's most recent annual report on Form 20-F, for a discussion of certain of these factors. Any forward-looking statement is based on information available to Smith & Nephew as of the date of the statement. All written or oral forward-looking statements attributable to Smith & Nephew are qualified by this caution. Smith & Nephew does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in Smith & Nephew's expectations.

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