23 January 2023

Hansard Global plc (the "Company")

Appointment of Independent Non-Executive Director

&

Appointment of Chief Financial Officer and Executive Director

Following a process led by the Nominations Committee, and supported by an independent executive search firm, the Company is pleased to announce the appointment of Dr Christine Theodorovics as an Independent Non-Executive Director of the Company with effect from 23 January 2023.

Christine has more than 25 years' experience in financial services, most recently at AXA Group and prior to that, Zurich Insurance Group. She has a proven track record in management, business transformation, distribution, and strategic development across various senior positions in several countries.

Philip Kay, Chairman of the Board, commented: 

"On behalf of the Board, I would like to welcome Christine as an Independent Non-Executive Director. The Company will greatly benefit from the breadth of experience that she brings from a number of different areas including insurance.  Christine's appointment will complement the Board and support the Hansard Group's commitment to increasing international experience at the highest level."

No information is required to be disclosed under Listing Rule 9.6.13R in respect of Dr Theodorovics' appointment.

The Company is also pleased to announce the appointment of Thomas Morfett as Chief Financial Officer (CFO) and Executive Director of the Group and its subsidiaries.  Thomas joins from Utmost (Quilter) where he was Financial Controller and Head of Actuarial. This appointment will be effective as of the date that Thomas joins the Company on the expiry of his notice period. This follows the announcement made on 23 November 2022 of Tim Davies' intention to retire. Tim will remain with the Company until 12 May 2023 in order to oversee a period of transition.

Thomas is a Chartered Accountant and Actuary and has close to 20 years' experience in the life assurance industry, most recently at Utmost (Quilter) and previously Canada Life and Zurich. He has extensive financial, commercial, M&A and business transformation experience.

Graham Sheward, Chief Executive Officer, commented:

"I'm looking forward to working with Thomas as part of our executive team and as a fellow director on the Hansard Group Boards. As Chief Financial Officer, Thomas brings a highly complementary skillset to the Company and is ideal to support our strategic business development objectives."

No information is required to be disclosed pursuant to Listing Rule 9.6.13R in respect of Mr Morfett's appointment.

Enquiries:

Hansard Global plc                                                                  +44 (0) 1624 688 000

Graham Sheward, Group Chief Executive Officer

Hazel Stewart, Company Secretary

Email: investor-relations@hansard.com

Camarco                                                                                  +44 (0) 7990 653 341

Ben Woodford, Hugo Liddy

LEI number: 213800ZJ9F2EA3Q24K05

Notes to editors:

·     Hansard Global plc is the holding company of the Hansard Group of companies. The Company was listed on the London Stock Exchange in December 2006. The Group is a specialist long-term savings provider, based in the Isle of Man.

·       The Group offers a range of flexible and tax-efficient investment products within a life assurance policy wrapper, designed to appeal to affluent, international investors.

·       The Group utilises a controlled cost distribution model via a network of independent financial advisors and the retail operations of certain financial institutions who provide access to their clients in more than 170 countries. The Group's distribution model is supported by Hansard OnLine, a multi-language internet platform, and is scalable.

·       The principal geographic markets in which the Group currently services contract holders and financial advisors are the Middle East & Africa, the Far East and Latin America. These markets are served by Hansard International Limited and Hansard Worldwide Limited.

·       Hansard Europe dac previously operated in Western Europe but closed to new business with effect from 30 June 2013.

·       The Group's objective is to grow by attracting new business and positioning itself to adapt rapidly to market trends and conditions. The scalability and flexibility of the Group's operations allow it to enter or develop new geographic markets and exploit growth opportunities within existing markets without the need for significant further investment.

The information contained in this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (Regulation 596/2014), as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").