REG - Wizz Air Holdings - Board Committees Update

Wizz Air HoldingsAnnouncement

25/08/2022 11:30

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RNS Number : 2466X  Wizz Air Holdings PLC  25 August 2022

Appointment of Deputy Chair and Board Committee Changes

 

Ticker:  WIZZ

 

Geneva, 25 August, 2022: Wizz Air Holdings Plc ("Wizz Air"), the
fastest-growing and one of the most sustainable European airlines, announces
that it has appointed Stephen Johnson, Non-Executive Director, as Deputy
Chair.

 

Wizz Air also announces that it has made a number of changes to its Board
Committees, details of which are outlined below.

 

Appointment of Deputy Chair

 

The Board has decided to create the new role of Deputy Chair. The Deputy Chair
will deputise for the Chairman if the Chairman is not present at the Board.
Stephen Johnson has been appointed to the role due to his industry experience,
as well as his long association with the Company.

 

Creation of Safety, Security and Operational Compliance Committee and Changes
to Board Committee Membership

 

In order to ensure proper Board oversight over the Company's key areas of
focus, the Board has established a Safety, Security and Operational Compliance
Committee, chaired by Charlotte Pedersen, to assist the Board with oversight
of the Group's policies, practices, objectives and performance in relation to
safety, security and operational compliance management.

 

In connection with the creation of the Safety, Security and Operational
Compliance Committee, the Board has made a number of changes to the membership
of its committees.

 

·      Charlotte Pedersen has stepped down from the Sustainability and
Culture Committee as a result of becoming Chair of the Safety, Security and
Operational Compliance Committee:

·      Charlotte Andsager has stepped down from the Remuneration
Committee and has become Chair of the Sustainability and Culture Committee;
and

·      both Andrew Broderick and Barry Eccleston have been appointed to
the Safety, Security and Operational Compliance Committee.

 

Following these changes, the Wizz Air Board Committees will comprise:

 

 Nomination & Governance      Audit &                                 Remuneration Committee  Sustainability &            Safety, Security & Operational Compliance Committee

                              Risk Committee                                                  Culture Committee
 William Franke               Enrique Dupuy de Lome Chavarri (Chair)  Barry Eccleston         Charlotte Andsager (Chair)  Charlotte Pedersen

 (Chair)                                                              (Chair)                                             (Chair)
 Barry Eccleston               Charlotte Pedersen                     Anna Gatti              Anthony Radev               Andrew Broderick
 Charlotte Andsager            Anna Gatti                             Anthony Radev           Andrew Broderick

                                                                                                                          Barry Eccleston

 

The appointment of Stephen Johnson as Deputy Chair and the changes to the
committees of the Board set out above all took effect on 26 July 2022.

 

Mr. William Franke, Chairman of Wizz Air, commented: "As Wizz Air continues to
grow, establishes new AOCs and adds more bases and aircraft in Europe and
beyond, the addition of the new Safety, Security and Operational Compliance
Committee will reinforce the Group's strong safety culture and enhance
oversight of the Group's expansion plans. In addition, with the creation of
the role of Deputy Chair, the Company will benefit greatly from the strong
aviation experience of Stephen Johnson and his understanding of Wizz Air."

 

ABOUT WIZZ AIR

Wizz Air, the fastest growing European ultra-low-cost airline and one of the
most sustainable, operates a fleet of 164 Airbus A320 and A321 aircraft. A
team of dedicated aviation professionals delivers superior service and very
low fares, making Wizz Air the preferred choice of 27.1 million passengers in
the Financial Year F22 ending 31 March 2022. Wizz Air is listed on the London
Stock Exchange under the ticker WIZZ. The company was recently named one of
the world's top ten safest airlines by airlineratings.com, the world's only
safety and product rating agency, and 2020 Airline of the Year by ATW, the
most coveted honour an airline or individual can receive, recognising
individuals and organisations that have distinguished themselves through
outstanding performance, innovation, and superior service, and was also rated
the most sustainable airline in Europe by Sustainalytics in January 2022.

 

 

- Ends -

 

 For more information:

 Investors:  Zlatko Custovic, Wizz Air                               +36 1 777 9407

 Media:      Zsuzsa Trubek, Wizz Air                                 +36 70 652 4115

             Edward Bridges / Jonathan Neilan, FTI Consulting LLP:   +44 20 3727 1017

 

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