21 February 2022

Safestay plc

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

Director Appointment

Further to the Company's announcement on 10 February 2022, Safestay (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, confirms the appointment of Paul Hingston, who today joins the Board of Directors and assumes the position of Chief Financial Officer.

Further Information: Disclosure required pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies:

The names of all companies and partnerships of which Paul Hingston, aged 56, has been a director or partner at any time in the previous five years are set out below:

Mr. Hingston does not currently own any securities in the Company.

Enquiries:

Safestay plc                                                                                                         Tel: +44 (0) 20 8815 1600

Larry Lipman

Liberum (Nomad & Joint Broker)                                                                   Tel: +44 (0) 20 3100 2000

Andrew Godber / Edward Thomas / Miquela Bezuidenhoudt

Novella                                                                                                                 Tel: +44 (0) 20 3151 7008

Tim Robertson / Fergus Young