Appointment of Non-Executive Director

Franchise Brands plc (AIM: FRAN), an international multi-brand franchise business, is pleased to announce that Louise George has joined the board of Franchise Brands as an independent Non-Executive Director. She is also appointed as Chair of the Audit Committee and will be a member of the Nomination and Remuneration Committees.

Louise is a highly experienced Chief Financial Officer ("CFO") with over 20 years' board-level experience with AIM-quoted companies including substantial experience of franchised businesses. Between 2014 and 2024 she was CFO of Belvoir Group PLC, (now part of The Property Franchise Group), one of the largest UK property franchise groups. She helped take the business, via a buy and build strategy, to a multi-brand franchise group of scale providing a range of complementary services to customers. Prior to that role, she was Finance Director and Company Secretary of Image Scan Holdings plc between 2002 and 2014. Louise is a Chartered Accountant, having qualified with Ernst & Young in 1991. She is also a Chartered Governance Professional.

With the appointment of Louise, the plc Board now comprises three Executive Directors, and four non-Executive Directors, of whom three are considered by the Board to be independent.

Stephen Hemsley, Executive Chairman, commented: "We are very pleased to welcome Louise to the board of Franchise Brands as a Non-Executive Director and Chair of the Audit Committee. Her substantial financial and Board level experience combined with deep franchising experience will be particularly valuable given our strategic focus on integration, driving operational gearing and deleveraging. The appointment of an additional independent Non-executive Director is also supportive of our commitment to operate to high standards of corporate governance."

Louise George, Non-Executive Director, commented: "I am delighted to be joining the board of Franchise Brands at this time. The Group has a strong track record of delivery and has built an impressive portfolio of franchise brands of scale in the UK, US and Europe with significant growth potential. I look forward to bringing my financial and franchising experience to supporting the team in realising the Group's strategic ambitions, as it integrates the businesses it has acquired and deleverages."

Further information on Louise George, as required by the AIM Rules for Companies, is set out at the end of this announcement.

Notice of Year-end Trading Update

The Group will provide a Year-end Trading Update for the financial year ended 31 December 2024 on Tuesday 28 January 2025.

Louise Joan George is 59 and is currently a director of Sizewell Property Limited. During the past five years she served as a director of the following companies:

Current

Sizewell Property Limited

Resignations in the past five years

Resignation date

Louise does not currently hold any shares in the Company.

There are no additional matters that are required to be disclosed.