System1 Group Regulatory News (SYS1)

System1 Group PLC (AIM: SYS1)

("System1", or "the Company", or "the Group")

31 August 2022

Board Change

System1 Group plc (AIM: SYS1) announces that it has today appointed Conrad Bona to the Board of Directors of the Company as a Non-Executive Director effective from 1st September 2022.

Conrad is an investor, entrepreneur and consultant, who started his career as a banking and finance lawyer and has worked in Toronto, London and Tokyo. He has a degree in Economics from the University of Western Ontario, Law degrees from the University of Edinburgh and the University of New Brunswick and qualified to practise as a lawyer in multiple jurisdictions although he has not practised law in several years. Conrad is a partner in Wetherby Growth, an offshore fund which invests in pre-IPO companies. He also periodically advises companies on a wide range of commercial, financial and business matters. He has both Canadian and British citizenship. Conrad is also a Non-Executive Director of Grafenia plc.

John Kearon, Founder and Chief Executive Officer, commented: "I should like to welcome Conrad Bona to the Board and I am looking forward to working with him as we focus on delivering sustainable growth in the interests of all our stakeholders. His experience will further strengthen the Board's skillset and will contribute to our future success."

Details in respect of Conrad Bona, as required pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies, are as set out below.

Additional Information

Conrad Christian Bona, age 53, is currently or has been a Director of the following companies within the past five years:

There are no further disclosures required in accordance with AIM Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.

For further information, please contact:

The Company can be found at www.system1group.com.