Directorate Change

Premier Foods is pleased to announce the appointment of Malcolm Waugh, as an independent non-executive director of the Company, with effect from the Annual General Meeting on 18 July 2024 (the '2024 AGM').

Malcolm has over 35 years' experience in commercial, operational and leadership roles, working in a range of international markets, supplying value added products in the packaging, food and drink and other FMCG sectors. He has been CEO of Frugalpac™, since July 2018, overseeing the business as it industrialises and commercialises its low carbon packaging products against its defined strategies. Malcolm previously spent 11 years at Essentra PLC, the last 6 years of which were as Managing Director and Group Commercial Director. Prior to that he was Tetra Pak's Commercial Director for the UK and Ireland for 15 years.

Colin Day, Group Chair said:

"I am delighted that Malcolm will be joining the Board. He brings with him a wealth of highly relevant commercial, strategic, and operational experience from the food and drink industry with a particular focus on packaging in both the UK and international markets. I welcome him to the Board as we continue to pursue our branded growth strategy and path to further value creation."

Non-executive director retirement

Premier Foods also announces that, Richard Hodgson, having served on the Board since January 2015, and as Senior Independent Director since May 2019, will be retiring as a non-executive director with effect from the conclusion of the Company's 2024 AGM. Following his retirement, Lorna Tilbian, who joined the Board in April 2022, will be appointed as the Company's Senior Independent Director.

Colin Day, Group Chair said:

"I would like to take this opportunity to thank Richard for his extensive commercial and retail insight and the important contribution he has made to the Company's strategic thinking, over what has been a period of significant transformation for the Company. Richard served as Senior Independent Director since May 2019 and was interim Chair prior to my arrival.

I also look forward to working with Lorna as she assumes her new role as Senior Independent Director following Richard's retirement."

No further information is required to be disclosed with respect to Malcolm Waugh's appointment under LR 9.6.13.

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