Changes to Board and Committee Composition

Helical plc, the London based developer of best-in-class, sustainable buildings, is pleased to announce two new independent Non-Executive Director appointments: Robert Fowlds, who joins the Board with immediate effect and Amanda Aldridge, who will be joining the Board from 1 April 2024.

Robert has over 40 years' experience in real estate and is a chartered surveyor. He was head of real estate investment banking at J.P. Morgan Cazenove until 2015 and, prior to joining J.P. Morgan Cazenove in 2006, an equity analyst at Merrill Lynch.

Robert is a member of the Supervisory Board of Klepierre S.A., and serves as a Non-Executive Director of FTSE 250 property company, LondonMetric Property Plc. Between 2018 and 2021, he was a Non-Executive Director of UK Commercial Property REIT Limited.

Amanda has extensive audit, governance and capital markets experience having worked at KPMG LLP ('KPMG') for 33 years until 2017, including 20 years as a partner. During her time at KMPG, Amanda held numerous positions including Head of the Retail Sector practice before becoming Head of Contract Governance in the Risk-Consulting Division.

Amanda is a non-executive director and Audit Committee Chair of Impact Healthcare REIT plc, The Brunner Investment Trust Plc, Staffline Group plc and The Low Carbon Contracts Company Limited. Amanda is a Fellow of the Institute of Chartered Accountants in England and Wales.

Subject to Amanda's re-election at the 2024 AGM, it is intended that she will succeed Joe Lister to become Chair of the Audit and Risk Committee ("Committee") following the conclusion of the AGM. Joe, after six years on the Board, has decided not to seek re-election at the next AGM, following his appointment as Chief Executive of Unite Group plc in January this year. He will continue to serve as Chair of the Committee until the 2024 AGM.

Richard Cotton, Independent non-executive Chairman of the Board, commented:

"On behalf of the Helical Board, I would like to express my gratitude to Joe for his guidance and insight and wish him the very best for the future. I am, however, very pleased to welcome Robert and Amanda to the Board. They both have a wide range of relevant experience, which will be highly beneficial to Helical going forward."

Following these proposed changes to the Board's composition, the Helical Board will consist of five independent Non-Executive Directors, including the Chairman, and three Executive Directors.

This announcement is made pursuant to LR 9.6.11R of the Listing Rules.

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