Directorate Change

Huddled Group plc (AIM:HUD), the circular economy e-commerce group, is pleased to announce certain changes to its board of directors (the "Board").

Following Sir Robin Miller's decision to step down as Non-Executive Chairman at yesterday's AGM, Martin Higginson will take on the position of Executive Chairman with immediate effect.

Michael Ashley, who joined the Board as an Independent Non-Executive Director in March 2025, will assume the role of Chief Executive Officer. Since joining the Board, Michael's extensive retail experience and strategic insight have been invaluable, prompting the Board to invite him to assume an executive role.

Following the above changes, the Board now comprises:

• Martin Higginson, Executive Chairman
• Michael Ashley, Chief Executive Officer
• Dan Wortley, Chief Financial Officer
• Paul Simpson, Chief Operating Officer
• Nicholas Lee, Independent Non-Executive Director

The Board is conscious that after these changes, the Company is left with only one independent non-executive director. The Board intends to recruit an additional independent non-executive director as soon as a suitable candidate is identified, the search for which is currently underway.

Martin Higginson, Executive Chairman of Huddled Group plc, commented: "I would like to thank Sir Robin Miller for his outstanding contribution as Non-Executive Chairman and his unwavering support of Huddled since IPO. I am delighted to welcome Michael Ashley as our new Chief Executive Officer. Since joining the board in March, Michael has already demonstrated the depth of retail expertise and strategic insight that will be invaluable to the business. I look forward to working closely with Michael in my new role as Executive Chairman to drive the next phase of Huddled's development."

Michael Ashley, Chief Executive Officer of Huddled Group plc, commented: "I am honoured to take on the role of Chief Executive Officer at such an exciting time for Huddled. The circular economy represents a significant and growing opportunity, and I believe Huddled is uniquely positioned to capitalise on this trend. Having spent the past few months working closely with the team and understanding the business in detail, I am excited about the value we can create for all stakeholders. I look forward to building on the strong foundations laid by the team and driving sustainable growth across the Group."