25 July 2023

ESKEN LIMITED

(Esken, the Group or the Company)

Change of Director

Esken, the aviation and renewable energy group, announces that it has accepted the resignation of Lewis Girdwood, Chief Financial Officer and Director, Aviation, from his position with Esken with immediate effect.

In light of the Group's stated strategy, and progress being made, to dispose of its major operating businesses and return value to shareholders, the Company did not feel that it was appropriate to look to the external market to replace Mr Girdwood. Nick Dilworth, Esken's Chief Operating Officer and Director, Renewables, will take over Mr Girdwood's responsibilities as CFO, supported by the Company's able finance function.

Mr Dilworth has been a member of the Board since 2018. He has previously occupied a number of leadership roles and has a strong commercial background. Before his leadership roles in industry, he qualified as a Chartered Accountant with BDO LLP before joining Grant Thornton as a Corporate Financier.

David Shearer, Executive Chairman of Esken, said "On behalf of the board I would like to thank Lewis for all of his efforts over the last four years as CFO. This period has been a very difficult one for the Group and he has played a key role in ensuring that we navigated the many challenges that we have faced. He leaves with our best wishes for the future".

Enquiries:

Esken Limited                                                                                   C/o Tulchan

Charlie Geller, Communications Director

Tulchan

Olivia Peters                                                                                       T: +44 (0)20 7353 4200 

E: opeters@tulchangoup.com 

David Allchurch                                                                 T: +44 (0)20 7353 4200 

E: dallchurch@tulchangroup.com