REG - DFI Retail Group - Directorate Change

DFI Retail groupAnnouncement

31/10/2025 09:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251031:nRSe7012Fa&default-theme=true

RNS Number : 7012F  DFI Retail Group Holdings Ltd  31 October 2025

DFI RETAIL GROUP HOLDINGS LIMITED

 

COMPANY BOARD AND COMMITTEE CHANGES

 

DFI Retail Group Holdings Limited (the 'Company') is pleased to announce the
following changes to the Board, with effect from 1 November 2025:

 

Lincoln Pan will be appointed as Chair of the Company's Board, as well as
Chair of the Remuneration and Nominations Committees. Lincoln will succeed
John Witt, who will step down as Chair and as a member of the Board and its
committees.

 

These roles follow Lincoln's appointment as CEO designate of the Company's
parent, Jardine Matheson Holdings Limited, with effect from the same date and
as CEO from 1 December 2025. Lincoln was previously at PAG, the largest fully
diversified alternative investment business in the Asia Pacific region, where
he was a Partner and co-head of Private Equity and a member of the Group
Executive Committee. Prior to that, he held the role of Chief Executive
Officer, Greater China at Willis Towers Watson, served in executive roles at
Advantage Partners and GE Capital, and worked at McKinsey & Company.

 

Commenting on these changes, John Witt, current Chair of the Company, said:

 

"It has been an exceptional opportunity to serve as Chair of the Company, and
I am proud to have contributed to its success. Lincoln's strong investment
experience and cultural alignment make him an excellent choice to lead the
Board as it supports the future growth of the business."

 

Commenting on his appointment, Lincoln Pan said: "I would like to thank John
on behalf of the Board for the contribution he has made to the success of DFI
over many years. It is an honour to serve as Chair of DFI and support the many
communities and customers served by DFI outlets. I look forward to supporting
the terrific work Scott Price and his team are doing to deliver DFI's
strategy."

 

In connection with the above Board appointment, Lincoln has held directorships
in the following listed companies in the past five years:

 

 Cushman & Wakefield                Non-executive Director  Resigned March 2024
 Regional Express Holdings Limited  Non-executive Director  Resigned May 2025

 

 

Sean Ward

Company Secretary

DFI Retail Group Holdings Limited

 

31 October 2025

 

www.DFIretailgroup.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAFIFLAITLLVIE



            Copyright 2019 Regulatory News Service, all rights reserved