THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.

LEI: 2549008KZ7HM27V4O637

This announcement contains inside information

Marwyn Acquisition Company II Limited (the "Company" or "MAC II")

Board Changes

MAC II announces that James Pearce will today join the board of MAC II as Chief Financial Officer (CFO). Mr Pearce will oversee the financial operations of the Company and work alongside Mark Hodges and Will Self in the development and execution of the overall company strategy.  The Company also announces that Cathryn Riley has resigned as a director of the Company, effective today.

Mr Pearce was previously CFO of the Pension SuperFund. Prior to that, James was Director of Group Finance at Just Group plc where he was involved in a series of capital raisings from the IPO through to Just Group's 2019 recapitalisation, as well as being responsible for financial reporting, tax, and strategy. He is a Chartered Accountant and has previously held managing director roles at JP Morgan Cazenove and UBS.

MAC II is an acquisition vehicle listed on the standard segment of the London Stock Exchange. The Directors believe that the successful execution of the strategy, including a platform business and follow-on M&A, performance improvements and sustainable growth, has the potential to generate significant long term returns for shareholders.

Chairman Mark Hodges commented: "We are delighted to welcome James to the MAC II board as CFO. His sector expertise and knowledge will be invaluable as we deliver our strategy for MAC II.  The Board would also like to thank Cathryn for her hard work and commitment to the Company since her appointment in 2022."

Enquiries:

Company Secretary
Antoinette Vanderpuije - 020 7004 2700

FGS Global - PR Adviser
Rollo Head 07768 994 987
Chris Sibbald 07855 955 531

WH Ireland - Corporate Broker 020 7220 1666
Harry Ansell
Katy Mitchell

Notes

Background

Marwyn Acquisition Company II ("MAC II") is an acquisition vehicle listed on the standard segment of the London Stock Exchange. The vehicle is led by Chairman Mark Hodges, who was previously CEO of ReAssure, prior to which he held senior executive plc board positions at a number of large financial services and consumer businesses including Centrica, Towergate and Aviva. The Chief Executive Officer of MAC II is Will Self, who has extensive experience across pension and retirement services sectors. Previously Will was Chief Executive Officer of Curtis Banks Group PLC and prior to this he was Chief Executive Officer of Suffolk Life and Chief Commercial Officer of Cofunds, both divisions of Legal & General.  As Chief Executive Officer, Will leads the development and execution of the overall company strategy.

The Company is backed by Marwyn who have launched 12 previous comparable acquisition vehicles that have acquired platform businesses, which include Advanced Computer Software, BCA Marketplace, Breedon Aggregates and Entertainment One.

More information on MAC II can be found here: https://marwynac2.com/.

James Henry Pearce (aged 54 years) currently holds or has held the following directorships in the past five years:

Current Directorships

None

Past Directorships

PSF Capital (Scotland) GP Limited
PSF Professional Services Limited
PSF Holdings Limited
PSF Sponsor Limited
The Pension Superfund Asset & Liability Management Limited

There are no further details to be disclosed under FCA's Listing Rule 9.6.13R in respect of the appointment of James Pearce.