Board Composition

Inspecs Group plc, a leading designer, manufacturer and distributor of eyewear (sunglasses, optical frames, lenses and low vision products), announces that its Board has decided to start a process of enhancing its governance structures.

In support of this, Robin Totterman has decided that he intends to step down as Executive Chair of the Board with effect from the conclusion of the Company's AGM in 2025. The Board has, therefore, agreed to commence a search for a new non-executive and independent director to assume the role of Chair when Robin Totterman steps down. The Board is clear that Robin Totterman remains critical to the future success of Inspecs and is delighted that he will continue to perform his day-to-day executive functions within the business as well as remaining a director of the Company.

The Board has also determined that it will undertake a full review of its balance and composition. In undertaking that review, the Board will take full account of generally accepted principles of good corporate governance.

Robin Totterman, Chair of Inspecs Group plc, commented:

"This change to my role reflects a continuing commitment to the evolution of the Group and its governance structures since it listed in 2020. I remain fully committed to Inspecs and will continue to contribute fully to its future success."