Directorate Change & Withdrawal of AGM Resolution

Fintel (AIM: FNTL), a leading provider of fintech and support services to the UK retail financial services sector, today announces that Imogen Joss, Senior Independent Director will stand down from the board at the upcoming Annual General Meeting on 20 May 2025 (the "AGM"). Imogen joined Fintel's Board in January 2021 and is stepping down for personal reasons.

Tim Clarke, currently Non-Executive Director and Chair of the Audit and Risk Committees, will become the Senior Independent Director at the point of Imogen's resignation.

The Board are close to the completion of an external recruitment exercise to replace Imogen, and we anticipate a formal appointment ahead of the AGM. This individual will join the Board and take the role of Chair of the Remuneration and Nomination Committees on commencement.

Phil Smith, Non-Executive Chair of Fintel

"It has been a pleasure to work with Imogen since joining the Board, and subsequently taking the Chair of the business in May 2023. This period has been very significant for Fintel's strategic progress, and Imogen has been a full contributor to our agenda. We are sorry to lose her from our Board table, but we wish her well for the future."

Withdrawal of AGM Resolution

As a result of Imogen Joss standing down from the board at the Company's AGM, the Board has decided to withdraw Resolution 8 from the agenda of the AGM. Resolution 8 proposed the re-election of Imogen Joss and is therefore now redundant following this announcement. The withdrawal of Resolution 8 does not affect the validity of the Notice of AGM, the proxy form or any proxy votes already submitted in respect of the remaining resolutions to be proposed at the AGM. The numbering of all other proposed resolutions at the AGM remains unchanged.