REG - Rolls-Royce Holdings - Directorate Change

Rolls-Royce HoldingsAnnouncement

21/12/2022 09:45

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RNS Number : 4659K  Rolls-Royce Holdings plc  21 December 2022

21 December 2022

Rolls-Royce Holdings plc

DIRECTORATE CHANGES

 

Rolls-Royce Holdings plc (the Company) (LSE:RR., ADR:RYCEY) confirms that Lee
Hsien Yang, Non-Executive Director, will step down from the Board on 31
December 2022, having completed his nine-year term of office at the end of
2022.

Anita Frew, Chair, Rolls-Royce, said: 'I would like to thank Hsien Yang for
his tremendous support since joining the Board in 2014. His tenure,
contribution and insights have been invaluable to the Board and to his role as
Employee Champion for Asia Pacific. It has been a great pleasure to work
alongside him and we wish him well for the future.'

As previously announced, Tufan Erginbilgic will succeed Warren East as Chief
Executive of the Company on 1 January 2023. In compliance with section 430(2B)
of the Companies Act 2006, full details of remuneration payable to Warren East
will be disclosed at www.rolls-royce.com (http://www.rolls-royce.com) on 1
January 2023.

The Company also confirms that Tufan Erginbilgic will step down as a
non-executive director from both Türkiye Petrol Rafinerileri A.Ş and DCC plc
with effect from 31 December 2022.

 

For further information, please contact:

Investors

Isabel Green

Head of Investor Relations, Rolls-Royce plc

Tel +44 (0) 7880 160976

Isabel.Green@Rolls-Royce.com

 

Media

Richard Wray

Director of External Communications & Brand, Rolls-Royce plc

Tel +44 (0) 7810 850055

Richard.Wray@Rolls-Royce.com

 

www.rolls-royce.com (http://www.rolls-royce.com)

 

About Rolls-Royce

1.    Rolls-Royce pioneers the power that matters to connect, power and
protect society. We have pledged to achieve net zero greenhouse gas emissions
in our operations by 2030 (excluding product testing) and joined the UN Race
to Zero campaign in 2020, affirming our ambition to play a fundamental role in
enabling the sectors in which we operate achieve net zero carbon by 2050.

2.   Rolls-Royce has customers in more than 150 countries, comprising more
than 400 airlines and leasing customers, 160 armed forces and navies, and more
than 5,000 power and nuclear customers.

3.  Annual underlying revenue was £10.95 billion in 2021, underlying
operating profit was £414m and we invested £1.18 billion on research and
development. We also support a global network of 28 University Technology
Centres, which position Rolls-Royce engineers at the forefront of scientific
research.

4. Rolls-Royce Holdings plc is publicly traded company (LSE: RR., ADR: RYCEY,
LEI: 213800EC7997ZBLZJH69)

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