Appointment of Chief Financial Officer

Raspberry Pi (LSE: RPI), a leader in low-cost, high-performance computing, is pleased to announce the appointment of Tim Powell as Chief Financial Officer ("CFO") and an Executive Director of the Board, with effect from 16 October 2026.

Tim brings over 20 years' leadership experience across fast growing public companies. Most recently, he was CFO of Alpha Group International, where he managed the Company's move from AIM onto the Main Market of the LSE and into the FTSE250 and its subsequent sale to Corpay Inc. in November 2025. Prior to this, Tim held senior finance leadership roles at the FTSE 100 London Stock Exchange Group ("LSEG"), including CFO of the London Stock Exchange and was the finance lead on the $27bn acquisition and integration of Refinitiv. Tim is a Chartered Accountant and graduated with an engineering degree from Birmingham University.

As announced on 31 October 2025, Richard Boult informed the Board of his intention to step down from his role as CFO and will now step down on 31 October 2026 to facilitate a smooth transition.

Martin Hellawell, Chairman, commented: "Tim brings deep experience of scaling fast growing businesses and navigating periods of significant strategic development. His track record at LSEG and Alpha demonstrates his ability to combine financial discipline and operational execution, and we are excited to welcome him to Raspberry Pi.

"As we continue to expand our global reach and invest in the opportunities ahead, Tim's experience and perspective will be invaluable to the business and to the Board."

Tim Powell, incoming CFO, commented: "Raspberry Pi holds a unique position in UK technology and I am delighted to be joining at this stage in its development. The team has a clear vision and purpose and I look forward to contributing my experience from scaling international businesses to support the Company's next phase of growth."