REG - Supply @ME Capital - Board Change

Supply@Me CapitalAnnouncement

19/04/2022 07:00

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RNS Number : 5054I  Supply @ME Capital PLC   19 April 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. ON
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19 April 2022

Supply@ME Capital plc

(The "Company" or "SYME")

Board Change

Supply@ME Capital plc, the innovative fintech platform which provides the
Inventory Monetisation© service to manufacturing and trading companies,
announces that Susanne Chishti, Independent Non-Executive Director, has
tendered her resignation from the Board, her last day with the Company being
14(th) April 2022. Ms Chishti is stepping down in order to explore other new
business opportunities arising from her broad portfolio of non-executive
roles.

Ms Chishti has served as a member of the Board since the Company's admission
to the London Stock Exchange in March 2020 and, over the past two years, has
been instrumental in guiding the Company through its early stages of
development. During her time with SYME, the Company acquired TradeFlow Capital
Management ("TradeFlow"), diversified its business lines and geographic
footprint and launched the Global Inventory Monetisation Fund.

Following the publication of the 2021 Annual Report, envisaged by end of
April, the Company will finalise its strategic plan and prepare to enter its
next phase of growth. Accordingly, Ms Chishti believes that now is the right
time to step away from her role at SYME, to focus more  on her other
commitments and to explore new projects. The Company agreed to accept her
resignation with immediate effect.

The Board is now actively seeking a long-term successor to Ms Chishti.

SYME Chief Executive, Alessandro Zamboni said:

"It has been a pleasure to work with Susanne, who has been with the Company
since its public listing. Her contributions to Supply@ME have been invaluable
and on behalf of the whole Board I would like to offer her our heartfelt
thanks for all her hard work and wish her success in all her future
endeavours."

Former Non-executive Director, Susanne Chishti said:

"I am sorry to be leaving Supply@Me. It has been a pleasure to help guide the
Company over the last two years. I look forward to seeing the Company go on to
realise its potential."

Notes

Supply@ME Capital PLC and its operating subsidiaries (together the "Group")
provide an innovative fintech platform (the "Platform") for use by
manufacturing and trading companies to access inventory trade solutions
enabling their businesses to generate cashflow, via a non-credit approach and
without incurring debt.  This is achieved by their existing eligible
inventory being added to the Platform and then monetised via purchase by third
party Inventory Funders.  The inventory to be monetised can include warehouse
goods waiting to be sold to end-customers or goods/commodities that are part
of a typical import/export transaction. SYME announced in August 2021 the
launch of a global Inventory Monetisation programme which will be focused on
both inventory in transit monetisation and warehouse goods monetisation. This
program will be focused on creditworthy companies and not those in distress or
otherwise seeking to monetise illiquid inventories.

Contacts

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com
(mailto:investors@supplymecapital.com)

Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com
(mailto:paul.vann@walbrookpr.com)

Brian Norris, Cicero/AMO, +44 (0)20 7947 5317 brian.norris@cicero-group.com
(mailto:brian.norris@cicero-group.com)

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