REG - Aston Martin Lagonda - Appointment of Non-executive Director

Aston Martin Lagonda Global HoldingsAnnouncement

28/07/2023 07:00

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RNS Number : 4661H  Aston Martin Lagonda Glob.Hldgs PLC  28 July 2023

28 July 2023

Aston Martin Lagonda Global Holdings plc

Appointment of Non-executive Director

Aston Martin Lagonda Global Holdings plc (the "Company") announces the
appointment of Daniel Li as Geely's nominated shareholder representative
Non-executive Director, with immediate effect.  The appointment is made in
accordance with the Relationship Agreement entered into between the Company
and Geely International (Hong Kong) Limited on 18 May 2023 (the "Relationship
Agreement").

Daniel Li is Chief Executive Officer of Geely Holding Group. Mr Li joined
Geely Holding Group in 2011 as Director of the Board, VP and Chief Financial
Officer. Mr Li has substantial executive management experience from key
accounting, financing, and corporate management positions at several companies
including Guangxi Liugong Machinery Co., Ltd., Cummins Inc., BMW Brilliance
Automotive Ltd., and ASIMCO.

Mr Li is currently a Director of Polestar Automotive Holding UK PLC which is
listed on Nasdaq, Volvo Car AB which is listed on Nasdaq Stockholm, Geely
Automobile Holdings Limited which is listed on the Hong Kong Stock Exchange
and is Chairman of Lotus Group International Ltd.

Also in accordance with the terms of the Relationship Agreement, Geely has
appointed Yimin Chen as an observer to the Board.  Mr Chen is Senior Vice
President, General Counsel and Chief Compliance Officer of Geely Holding
Group.

Lawrence Stroll, Executive Chairman of Aston Martin, said:  "I am delighted
to welcome Daniel Li as Geely's appointed shareholder representative to the
Board and Yimin Chen as an observer to the Board.  These appointments are an
important part of our relationship with Geely and I look forward to working
with them both."

In accordance with the Relationship Agreement, Mr Li will be appointed as a
member of the Company's Nomination Committee and an observer to the Audit and
Risk Committee, and Mr Chen will be appointed as an observer to the
Remuneration Committee.

The Company confirms that there is no further information to be disclosed
pursuant to paragraph 9.6.13R of the Listing Rules of the Financial Conduct
Authority with regard to Daniel Li's appointment.

Enquiries

 Investors and Analysts
 Sherief Bakr   Director of Investor Relations              +44 (0)7789 177547

sherief.bakr@astonmartin.com
 Media
 Kevin Watters  Director of Communications                  +44 (0)7764 386683

kevin.watters@astonmartin.com
 Paul Garbett   Head of Corporate and Brand Communications  +44 (0)7501 380799

paul.garbett@astonmartin.com
 Teneo
 Harry Cameron                                              +44 (0)20 7353 4200

 

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