Confirmation of CEO Transition, Directorate Change

Tristel plc (AIM: TSTL), the manufacturer of infection prevention products, confirms that Matt Sassone has today assumed his position of CEO of Tristel, following Paul Swinney's retirement, as previously announced on 10 June 2024.

The Company also announces that Bart Leemans will step down from the Tristel Board as an Executive Director. He will remain with the business and continue to focus his efforts on the French market in his capacity as Managing Director, Tristel SAS. There are no current plans to replace Bart on the Tristel Board.

Bart was appointed in November 2018 following Tristel's acquisition of his business, the Ecomed Group, the Company's then distributor in Belgium, the Netherlands and France. The French market continues to represent significant untapped growth potential for the Company; sales in France during the year ended 30 June 2024 were £3.0 million, approximately 7% of the Group's total of £41.9 million, compared with 13% of Group sales generated in Germany and 39% in the UK.

Bruno Holthof, Chair of Tristel, commented: "I would like to welcome Matt to our Company, and also thank Bart for his contribution to the Board during his tenure. He has brought with him great entrepreneurial spirit and drive and I am pleased that he will continue to contribute to the growth of the business through dedicating his efforts to the French market."