REG - Deliveroo PLC - CEO Announcement and Board Changes

DeliverooAnnouncement

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RNS Number : 8561Z  Deliveroo PLC  18 September 2025

FOR IMMEDIATE RELEASE

18 September 2025

DELIVEROO PLC

CEO ANNOUNCEMENT AND BOARD CHANGES

CEO Announcement

Deliveroo plc ("Deliveroo" or the "Company") announces that Will Shu, Founder
and Chief Executive Officer ("CEO"), has decided to step down as CEO once the
scheme in relation to the offer from DoorDash, Inc. (the "Scheme") becomes
effective. Will Shu remains CEO until that date.

Will Shu, outgoing CEO of Deliveroo, said:

"I have decided that now is the right time for me to step down. Taking
Deliveroo from being an idea to what it is today has been amazing. Today the
Company's growth and profitability are accelerating and we are delivering on
our mission to transform the way people shop and eat, but after 13 years I
want to contemplate my next challenge."

"I'm super proud of everything we have achieved. We pioneered and then
redefined a new category."

"Our teams have always seen the business through the eyes of the consumer and
that consumer obsession has given us focus, drive and resilience. I want to
thank everyone involved in the Company, from our employees to our merchant
partners, riders, consumers, as well as our investors. This is the start of a
new chapter for the Company and great things lie ahead."

Claudia Arney, Chair of Deliveroo, said:

"Will is an incredible innovator and has brought a unique mix of passion,
vision and commitment to the creation and growth of Deliveroo. He has created
a British success story that has had a hugely positive impact on the way we
eat and shop, provided a new form of work for tens of thousands of people and
helped thousands of restaurants and other merchants grow their businesses -
both here and around the world. On behalf of the Board, I want to thank Will
for his remarkable contribution."

"Deliveroo is entering a new era as part of the enlarged DoorDash Group, with
exciting opportunities ahead."

Non-Executive Director Conditional Resignations

Each of Claudia Arney, Peter Jackson, Karen Jones, Rick Medlock, Shobie
Ramakrishnan, Tom Stafford and Dominique Reiniche, being the non-executive
directors of Deliveroo, has also agreed to step down conditional on, and with
effect from the date on which the Scheme becomes effective.

Next Steps and Timetable

The acquisition of Deliveroo by DoorDash, Inc. continues to progress as
anticipated. The court hearing to sanction the Scheme is expected to take
place on 30 September 2025. The Scheme is expected to become effective on 2
October 2025.

The more detailed expected timetable of principal events for the
implementation of the Scheme was set out in the appendix to the Company's
announcement released on 9 September 2025.

The dates and times above and in the more detailed expected timetable are
indicative only and subject to change.  If any of such dates and/or times
change, the revised dates and/or times will be notified to Deliveroo
shareholders by issuing an announcement through a Regulatory Information
Service, with such announcement being made available on Deliveroo's website at
https://corporate.deliveroo.co.uk/investors/
(https://corporate.deliveroo.co.uk/investors/) .

 

Enquiries:

 Deliveroo

 Joe Carberry, VP Policy & Communications         joe.carberry@deliveroo.co.uk

 Tim Warrington, Investor Relations               investors@deliveroo.co.uk
 Brunswick (Communications Adviser to Deliveroo)  Tel: +44 (0) 207 404 5959 deliveroo@brunswickgroup.com

 Susan Gilchrist

 Rosie Oddy

 

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