Directorate Change

CT Automotive, a leading designer, developer and supplier of interior components to the global automotive industry, is pleased to announce that Salman Mohammed is succeeding Anna Brown as Chief Financial Officer of CT Automotive and joins the Board with immediate effect.

Anna will step down from the plc Board on 31 October and has kindly agreed to remain as a Board and Finance advisor until 31 December 2024 as part of ensuring an orderly handover.

Salman joined CT Automotive in October 2023 as Group Finance Director. He has significant financial and commercial experience gained from senior finance leadership roles working for UK listed companies and for private equity owned US companies. Prior to joining CT Automotive, he spent six years at Zotefoams plc as Group financial controller and finance business partner. He is a fellow of the Association of Chartered Certified Accountants and holds an executive MBA from the University of Warwick.

Raymond Bench, Chairman of CT Automotive, said:

"On behalf of the Board, I would like to thank Anna for continuing to support the business and to welcome Salman to his new role as CFO. Naturally, we know him well already and over the last twelve months he has shown he has the requisite skills and knowledge to be a key part of our leadership team. I look forward to working closely with Salman as the business focuses on delivering on the expected step changes in revenue growth coming over the next two years."

Regulatory Disclosures

Save for the information set out below, there are no further disclosures to be made in accordance with Rule 17, Schedule Two (g) of the AIM Rules for Companies in respect of the appointment of Mr. Salman Mohammed, aged 44.