REG - Kingfisher PLC - Directorate change

KingfisherAnnouncement

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RNS Number : 1275D  Kingfisher PLC  06 May 2026

Directorate Change

6 May 2026

Kingfisher plc ('Kingfisher' or the 'Company') today announces that, after
nearly seven years in role, Thierry Garnier has resigned as Chief Executive
Officer to take up a senior leadership role at another company outside of
Kingfisher's markets.

The Board of Directors has a well-prepared succession plan in place and a
search for his successor is underway, led by the Nomination Committee.  This
will include a comprehensive review of both internal and external candidates
to appoint a high-calibre CEO to continue the strong strategic and operational
momentum of Kingfisher.

Thierry has a 12-month notice period and will remain fully focused on his
current role as CEO and as a member of the Board to ensure a smooth and
orderly transition of responsibilities.

Claudia Arney, Chair, said:

'On behalf of the Board, I would like to thank Thierry for his outstanding
leadership and contribution as Kingfisher's CEO.  During his tenure, Thierry
has overseen the launch and progress of our 'Powered by Kingfisher' strategy,
led the Company through the COVID-19 pandemic and driven many strategic
innovations such as the launch of Kingfisher's marketplaces and the
development of our trade business, while also executing at pace on all our
priorities.  Under his leadership, Kingfisher has become a leading home
improvement group underpinned by strong banners across the UK and Europe.
Thierry has built an experienced leadership team who are well placed to
continue delivering on our strategy and growth opportunities.  We wish him
the very best for the future.'

Thierry Garnier, CEO, said:

'It has been a real privilege to serve as Kingfisher's CEO over these years. I
am very proud of the progress we have made together and what we continue to
build for the future.  I remain focused on continuing to execute on our
strategic plans with all my energies, so as to leave Kingfisher in the best
possible shape for the future, and I look forward to ensuring a successful
transition to my successor in due course.  I would like to sincerely thank
all our dedicated colleagues across the group in our stores and offices, whose
hard work and commitment are at the heart of our achievements and will stand
Kingfisher in good stead in the future.'

Thierry's exact departure date will be announced in due course.  There are no
further details to be disclosed under Listing Rule 6.4.

Note:

Thierry's remuneration will be treated in accordance with the Company's
Directors' Remuneration Policy and the relevant incentive plan rules. Further
details will be disclosed on the Company's website in due course in compliance
with Section 430(2B) of the Companies Act 2006, and details will also be
disclosed in the Directors' Remuneration Report within the Company's Annual
Report and Accounts for the relevant year.

Enquiries:

 Contacts            Tel                   Email
 Investor Relations  +44 (0) 20 7644 1082  investorenquiries@kingfisher.com
 Media Relations     +44 (0) 20 7644 1030  corpcomms@kingfisher.com
 Company Secretary   +44 (0) 20 7644 1082  secretariat@kingfisher.com

 

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