CFO Succession

Inspecs Group plc ("Inspecs"), a leading designer, manufacturer and distributor of eyewear (sunglasses, optical frames, lenses and low vision products, announces that Chris Kay, the Group's Chief Financial Officer ("CFO"), has advised the Board that he wishes to step down from full time executive life. Chris has agreed to remain with the Group until a successor has been appointed so that he can provide an orderly handover. As a result, Chris will not seek re-election at the Group's 2025 Annual General Meeting on 3 June 2025 and will step down as a Director of Inspecs on this date.

The Board has appointed an executive search firm to identify CFO candidates, and the Board will provide an update in due course.

Robin Totterman, Founder and Chairman of Inspecs Group plc, commented: "Chris has been a highly valued member of the senior leadership team and has played a pivotal role in the Group's development and success. Most notably, he was instrumental in guiding Inspecs through its successful IPO on the London Stock Exchange in February 2020, just one week before the onset of the global Covid-19 pandemic. His steady leadership and financial expertise were critical during this unprecedented time.

"In addition to his work around the IPO, Chris brought significant expertise in mergers and acquisitions, supporting the Group's strategic growth through a number of key transactions. His contributions in this area have greatly helped expand Inspecs' global footprint and capabilities.

"On behalf of the Board, myself personally, and the entire team at Inspecs, we would like to extend our sincere thanks to Chris for his outstanding contribution over the years. His integrity, professionalism, and deep commitment to the Group have left a lasting legacy.

"We wish Chris the very best in his future endeavours."