Result of EGM

24 February 2017

Bagir Group Limited

("Bagir" or the "Company")

Result of EGM

Bagir (AIM: BAGR), a designer, creator and provider of innovative tailoring, is pleased to announce that at the Extraordinary General Meeting ("EGM") held earlier today, all resolutions were duly passed.

Consequently, the Company can now confirm the appointment with immediate effect of Esther Maoz as an external Non-Executive Director to the Company. Pursuant to Israeli Companies Law the Company is required to approve the nomination of an external (independent) director for an initial term of three years at an EGM.

Esther is currently Senior Vice-President and Chief Marketing and Innovation Officer (CMO) of Delta Galil Industries LTD., the global manufacturer and marketer of private label apparel products. Previously she was President of Delta Textiles, a new US division for Delta Galil Industries LTD, and played a significant role in increasing their sales. Esther's career in textiles began in 1975 after studying Business Administration and Marketing from Haifa University, Israel.

Enquiries:

Regulatory disclosures

Pursuant to Schedule 2 (g) of the AIM Rules for Companies the following is disclosed in relation to Ms. Esther (Esti) Maoz:

Ms. Esther Maoz (aged 69) holds or has held the following Directorships or Partnerships in the past five years:

There is no further information required to be disclosed in respect of the above appointment pursuant to Schedule Two paragraph (g) of the AIM Rules.