14 May 2025

Peel Hunt Limited
("Peel Hunt" or the "Company")
Board Changes

After 16 years in the role, Sunil Dhall, Chief Financial and Operating Officer, has informed the Board of his decision to leave the Peel Hunt group (the "Group"). In accordance with the Group's succession plan, at the Company's Annual General Meeting on 3 July 2025 (the "AGM"), Michael Lee (currently Chief Corporate Officer & General Counsel) will be appointed to the Board as Chief Operating Officer, and Billy Neve (currently Group Head of Finance) will be appointed to the Board as Group Finance Director. The appointments are subject to regulatory approval. To ensure a smooth handover of duties, Sunil has agreed to remain in place until the AGM, when he will stand down from the Board.

Steven Fine, Chief Executive of Peel Hunt commented: "Sunil has been a key member of the senior management team at Peel Hunt from the management buyout in 2010, to the IPO in 2021 and during Peel Hunt's time as a publicly quoted company. On behalf of everyone at Peel Hunt, I thank Sunil for his considerable contribution to the Group over many years."

Lucinda Riches, Chair of Peel Hunt commented: "On behalf of the Board, we would like to thank Sunil for his material contribution and dedication over the last 16 years. We wish him all the success for the future. We are also delighted to welcome two strong internal successors, Michael and Billy, to the Board. The Board and I believe that they have the requisite qualifications and skill sets to make positive contributions to the continued development of the Group."

For further information, please contact:

Peel Hunt: via Sodali & Co
Steven Fine, CEO

Sodali & Co (Financial PR): +44 (0)20 7100 6451
Justin Griffiths
Gilly Lock
Russ Lynch
peelhunt@sodali.com

Grant Thornton UK LLP (Nominated Adviser): +44 (0)20 7383 5100
Philip Secrett
Colin Aaronson
Elliot Peters

Keefe, Bruyette & Woods (Corporate Broker): +44 (0) 20 7710 7600
Alistair McKay
Alberto Moreno Blasco
Fred Walsh

Notes to editors

About Peel Hunt

Peel Hunt is a leading UK investment bank that specialises in supporting mid-cap and growth companies. It provides integrated investment banking advice and services to UK corporates, including equity capital markets, private capital markets, M&A, debt advisory, investor relations and corporate broking. The Company's joined up approach combines these services with expert research and distribution and an execution services hub that provides liquidity to the UK capital markets, delivering value to global institutions and trading counterparties alike. The Company is admitted to trading on AIM (LON: PEEL) and has offices in London, New York and Copenhagen.