S & U Regulatory News (SUS)

17 January 2022

S&U Plc ("S&U" or "the Company")

Appointment of non-executive director

S&U, the specialist motor finance and property bridging lender, is pleased to announce that, following a wide and rigorous search process conducted using an external recruitment provider, Jeremy Maxwell was appointed non-executive director of the Company on 17 January 2022.

Anthony Coombs, Chairman of S&U commented: "We are very pleased that Jeremy has accepted our invitation to join the S&U Board. Jeremy brings broad expertise in digital innovation, marketing, commercial development and customer experience from over 25 years in the retail and B2B distribution industries. S&U plc has always been a technology led company and this appointment will further support and guide our digital marketing and business development capabilities."

Jeremy will serve on the audit, nomination and remuneration committees.

There is no further information requiring disclosure under paragraph 9.6.13 of the UKLA Listing Rules.

Jeremy has held senior customer facing executive positions at Carpetright, Wolseley UK, Mothercare, Screwfix and B&Q.

In 2011, he founded and is currently Managing Director of Mesuremax Consulting, a consultancy and advisory firm specialising in multichannel, marketing strategy and customer proposition development.

For further information, please contact:

S&U

Anthony Coombs, Chairman 0121 705 7777

Newgate Communications

Bob Huxford, Megan Kovach, Max Richardson 020 7653 9848

Peel Hunt

Adrian Trimmings, Andrew Buchanan, Rishi Shah 020 7418 8900