Directorate Change

Iofina plc, specialists in the exploration and production of iodine and manufacturers of specialty chemical products, is pleased to announce the proposed appointment of Tim Hughes as a Non-Executive Director, to take effect from 1 January 2026.

Tim has significant experience in general management in the specialty chemical industry as well as corporate and sustainability matters. Tim was a member of the Executive Committee of Synthomer plc for 11 years until 2023 as divisional director for the industrial specialties global business, which included the company's specialty iodine business, before then becoming President of Corporate Development, where he was responsible for investor relations, external affairs and the development of the company's sustainability strategy.

Prior to Synthomer, Tim led the Urethane Technologies joint venture business for Chemtura Corporation and spent 14 years in business leadership and marketing roles at Courtaulds plc. Tim is based in the UK and holds a BSc in Chemistry from the University of Manchester and an MBA from Cranfield University.

Concurrent with his appointment, Tim will also be appointed as a member of Iofina's Audit and Remuneration Committees.

Non-Executive Chairman, Lance Baller, commented:

"I'm delighted to welcome Tim to the Board of Iofina. He brings a wealth of experience from across the global specialty chemical industry. His knowledge of the iodine sector, combined with his corporate experience, will make him a valuable asset as the Company continues to expand its iodine production facilities and unlock new customer markets."

Additional Information

Timothy John Hughes, age 61, is currently or has been a Director of the following companies within the past five years:

Chemical Industries Association Limited

Iofina Resources

Iofina Chemical