Director Appointment

FOR IMMEDIATE RELEASE 22 November 2023

Petards Group plc

("Petards" or the "Group")

Director Appointment

Petards, the AIM quoted developer of advanced security and surveillance systems, is pleased to announce the appointment of Geraint Davies, as an independent Non-Executive Director with immediate effect.

Geraint Davies is a Fellow of the Institute of Chartered Accountants with over 30 years' experience, working with global national and local organisations in the private and public sector. Prior to his appointment, Geraint held senior leadership roles in EY's practices in the Channel Islands, the UK, and Europe, most recently in Malta. He has also previously held roles with PwC and Deloitte.

.Raschid Abdullah, Chairman of Petards commented:

"We are delighted to have Geraint join the Board. He brings to the board a wealth of knowledge, experience and obvious financial acumen. I am sure he will make a full and valuable contribution to the Group."

Geraint Davies added:

"I have a long history and a passion for working with, and providing corporate and M&A counsel to, quality, growth companies and their boards and am very much looking forward to working with the team at Petards."

The following information is disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies in connection with the appointment of Geraint Charles Boyens Davies, aged 67, to the Board of the Company:

There are no other matters under paragraph (g) of Schedule 2 of the AIM Rules to be disclosed.

Contacts: