REG - Aston Martin Lagonda - Directorate Change

Aston Martin Lagonda Global HoldingsAnnouncement

01/11/2022 07:16

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RNS Number : 8197E  Aston Martin Lagonda Glob.Hldgs PLC  01 November 2022

1 November 2022

Aston Martin Lagonda Global Holdings plc

Appointment of Non-executive Directors and Board Committee appointments

Aston Martin Lagonda Global Holdings plc (the "Company") announces the
appointment of Ahmed  Al-Subaey and Frederick Robertson to the Board as
representative Non-executive Directors of the Public Investment Fund, with
effect from 1 November 2022.  The appointments are made in accordance with
the Relationship Agreement entered into between the Company and the Public
Investment Fund on 29 July 2022.

Ahmed Al-Subaey is Chief Executive Officer of Bahri, the National Shipping
Company of Saudi Arabia, which is listed on the Saudi Stock Exchange. Mr
Al-Subaey holds a BSC and Masters degree in electrical engineering from the
University of Arizona and an executive MBA from Stanford University.

Frederick Robertson is Senior Director and Head of Public Investments,
International Investments Division at the Public Investment Fund.   Mr
Robertson started his career as an investment analyst having studied economics
at Cornell University.   Mr Robertson will be appointed as a member of the
Nomination Committee and an observer to both the Audit and Risk Committee and
Remuneration Committee with effect from 1 November 2022.

Lawrence Stroll, Executive Chairman of Aston Martin, said:  "I am delighted
to welcome Ahmed Al-Subaey and Frederick Robertson as PIF's appointed
representatives to the Board.  These appointments are an important part of
our relationship with PIF, our second largest shareholder".

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 either of these appointments.

The Company further announces the appointment of Sir Nigel Boardman as a
member of the Nomination Committee and Audit and Risk Committee with effect
from 1 November 2022.  As previously announced, Sir Nigel was appointed as an
independent Non-executive Director of the Company on 1 October 2022.

Enquiries

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

sherief.bakr@astonmartin.com
 Holly Grainger      Deputy Head, Investor Relations             +44 (0)7442 989551

holly.grainger@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

 Grace Barnie        Corporate Communications Manager            +44 (0)7880 903490

grace.barnie@astonmartin.com
 Tulchan Communications
 Harry Cameron and Simon Pilkington                              +44 (0)20 7353 4200

 

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