Directorate Change - CEO Resignation

LPA Group plc, the innovation-led engineering specialist in electronic and electro-mechanical components and systems, announces that Paul Curtis has stepped down as Chief Executive Officer and a Board member of the Group with effect from today. Paul will remain as an employee of the Group until 31 July 2024.

Paul joined the Group in 1988 and has held a number of senior positions including Chief Operations Officer before taking on the role of CEO in April 2020. He has been a key part of LPA's journey for more than ten years.

Robert Horvath, Chairman said: "We would like to thank Paul for his leadership and stewardship over the last few years. It has been a highly challenging marketplace given he succeeded as our CEO at the start of Covid times. Paul guided the Group through a difficult period. Paul has recruited some great people and brought in new product lines to help us diversify the Group and we are grateful for that work. We wish Paul well in his future endeavours.

The process of recruiting a successor has commenced and further announcements will be made as appropriate. Paul will support the Group as an employee for the next two months. Gordon Wakeford, our Non-Executive Director and Chair of the Remuneration Committee, will assume the Chair role of the Executive Committee in the short term. Our three businesses each have a Managing Director in place and with the Board's support, they will continue to drive their individual businesses forward."

596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.