Directorate Change

EARNZ plc (AIM:EARN) is pleased to announce the appointment of Elizabeth Lake as a Non-Executive Director with immediate effect.

Elizabeth is an accomplished executive with more than 25 years of finance and commercial experience. Previously, Elizabeth joined the board of Revolution Beauty Group as CFO in May 2022 and was instrumental in turning around the business following the suspension of its shares from trading on AIM. Prior to Revolution Beauty, she was CFO of AIM quoted, Everyman Media Group. During her time at Everyman, Elizabeth successfully led the company through the challenges presented by the Covid 19 pandemic, demonstrating her ability to navigate uncertainty with strong financial and operational acumen.

Prior to Everyman, Elizabeth was Chief Financial Officer at AIM quoted, Science in Sport, and before that finance director at Hugo Boss UK and Ireland. She brings extensive UK plc experience to EARNZ having also worked in finance roles at Marks & Spencer, Pearson and Thomson Reuters. Elizabeth is ACA qualified having trained at Coopers and Lybrand (now PwC).

Further details pursuant to AIM Rule 17 and Schedule Two (g) of the AIM Rules for Companies ("AIM Rules") are set out below.

Bob Holt, Executive Chairman of EARNZ, said: "We are pleased to welcome Elizabeth to the Board and look forward to working with her as we continue to search for acquisition opportunities. Elizabeth brings a range of experience and skills spanning multiple sectors and will be a valuable addition to the Company."

Appendix - AIM Rule 17

Elizabeth Lake

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 in respect of the appointment of Elizabeth Janet Lake, aged 56. Elizabeth currently holds 133,333,333 ordinary shares of 0.04p each in the Company, representing approximately 13.97% of the issued share capital.

Current Directorships/Partnerships

108 Editions Ltd

Schoolready Ltd

The Life Ready Group Limited

Past Directorships/Partnerships (within 5 years)

ECPee Ltd

Everyman Media Group plc

Everyman Media Holdings Limited

Everyman Media Limited

PhD Nutrition Limited

Revolution Beauty Cosmetics Ireland

Revolution Beauty Gmbh

Revolution Beauty Group PLC

Revolution Beauty Holdings Ltd

Revolution Beauty Labs Ltd

Revolution Beauty Limited

Revolution Beauty New Zealand

Revolution Beauty Nominee Ltd

Revolution Beauty UK Holdco Limited

Science in Sport PLC

SiS (APAC) PTY Limited

SiS (Italy) Srl

SiS (Science in Sport) Ltd

SiS (US)