2 December 2022

Coral Products plc

(the "Company" or "Coral")

Appointment of Ian Hillman as an Executive Director

Coral Products plc (AIM: CRU), a specialist in the design, manufacture and supply of plastic products, announces that, Ian Hillman has been appointed as an executive director of the Company with immediate effect.

Further disclosures on Mr Ian Hillman as required under Schedule Two, paragraph (g) of the AIM Rules for Companies are included in the appendix below.

ENDS

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Appendix

The following information is disclosed in respect of Mr Ian James Hillman (age 50) pursuant to Schedule 2(g) of the AIM Rules for Companies:

Mr Hillman was a director of Cadillac Plastic Limited when the company went under a Company Voluntary Agreement (CVA) with the creditors which was proposed by the directors of the company. The agreement was completed according to the terms of CVA on 14 December 2012 and the company has been reinstated since.  The creditors amount at the time of the CVA was £1,140,138 which included £50,000 of Mr Hillman's own funds.

Ian Hillman was a director of Wellesley Park Limited during which time it was dissolved via members voluntary liquidation on 28 December 2018 and he was a director of Marlee Real Estate Limited during the time it was dissolved via compulsory strike-off on 9 October 2018.

Ian Hillman owns 4,838,710 ordinary shares of Coral Products Plc which represents 5.36% of the issued ordinary shares in the Company.

There is no further information which is required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies in respect of Mr Ian Hillman.