Tesco Regulatory News (TSCO)

21 September 2022

Tesco PLC

CHANGES TO BOARD AND COMMITTEE COMPOSITION

Tesco PLC is pleased to announce that Caroline Silver will be joining the Board as a Non-executive Director. The appointment will take effect from 1 October 2022. She will also be appointed as a member of the Audit Committee. 

John Allan, Chairman, commented:

"I'm delighted Caroline will be joining the Board as a Non-executive Director. Her wealth of experience across a number of commercial, financial and governance roles, together with her investment banking and international experience, will undoubtedly bring additional valuable knowledge and perspective to the Board."

There are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in respect of Caroline Silver.

Contacts:

LEI Number: 2138002P5RNKC5W2JZ46

Notes:

Caroline is currently Chair of PZ Cussons PLC, a non-executive director of BUPA and The Intercontinental Exchange, Inc (and Chair of ICE Clear Europe), a member of the International Advisory Board of Adobe Inc., an advisory partner at Moelis & Company and a member of the V&A Foundation. Previously she was a trustee of the Victoria and Albert Museum, a non-executive director of Meggitt PLC and M&G PLC, and on the Board of the London Ambulance Service NHS Trust.

Caroline spent over 30 years in the investment banking sector and was most recently a partner and managing director at Moelis & Company. Previously she held senior corporate finance and M&A positions at Morgan Stanley and Merrill Lynch.  She started her career at PricewaterhouseCoopers, where she qualified as a Chartered Accountant.