Chief Financial Officer Appointment

In brief · summary, not quotable

The Smarter Web Company PLC has promoted Oliver Hewett to Chief Financial Officer, effective immediately, recognizing his contributions since joining as Group Financial Controller on April 27, 2026. Hewett, who brings nearly two decades of financial experience including institutional investment banking and SME leadership, will oversee the group's financial strategy, reporting, and corporate governance, while continuing to support the company's acquisition strategy. The company also reiterated its policy of accepting Bitcoin payments and holding treasury reserves in Bitcoin, acknowledging the associated high risks and volatility as outlined by the FCA.

Full announcement

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The Smarter Web Company (LSE: SWC

OTCQB: TSWCF

FRA: 3M8) is pleased to announce the promotion of Oliver Hewett to the role of Chief Financial Officer ("CFO"), with immediate effect. Oliver has served as Group Financial Controller since his appointment on 27 April 2026 and this promotion reflects the Board's recognition of his contribution and capability.

Oliver will serve as a member of the Company's senior leadership team and will not be appointed to the Board of Directors at this time. He will continue to report directly to Andrew Webley, Chief Executive Officer.

In his role as CFO, Oliver will assume expanded responsibility for:

overseeing all aspects of the Group's financial strategy, planning and reporting;
ensuring compliance with applicable financial regulatory requirements across all jurisdictions in which the Group operates;
progressing the Company's corporate governance framework in line with applicable standards and evolving best practices;
managing the Company's relationships and contracts with third-party service providers;
supporting the Board and Chief Executive Officer in the assessment and execution of strategic and corporate finance initiatives; and
leading and developing the Group's finance function.

He will continue to work closely alongside Mario Visconti, Head of Projects, as the Company continues to progress its acquisition strategy.

Oliver brings almost two decades of financial experience spanning institutional investment banking and SME leadership. A Fellow of the Institute of Chartered Accountants in England and Wales, Oliver began his banking career in commodities finance at Barclays Capital and Bank of America Merrill Lynch before moving to NatWest Markets, where he supported the financial execution of RBS's £29bn Capital Resolution programme.

Most recently, Oliver has served as CFO and Board Director at two growing UK SMEs, where he led several acquisitions and supported revenue growth and operational scale-up.

Andrew Webley, CEO, The Smarter Web Company, commented:

"We are delighted with Oliver's contribution to the team to date. His combination of institutional finance experience, a hands-on CFO track record and personal Bitcoin conviction makes him the ideal person to lead the Finance function as we continue to execute on our 10-Year Plan."

Oliver Hewett, CFO, The Smarter Web Company, commented:

"I am delighted to be appointed CFO of The Smarter Web Company. Since joining as Group Financial Controller, I have developed a strong appreciation for the strength of the team and the ambition of the 10-year plan. I look forward to working with Andrew and the Board to help build The Smarter Web Company into a leading UK-listed company and to supporting the continued execution of our strategy."

Visit our website: https://www.smarterwebcompany.co.uk

The Directors of the Company accept responsibility for the contents of this announcement.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.