Confirmation of Chair Appointment

Ultimate Products, the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, est.1760) and Beldray (est.1872), is pleased to confirm that, as of today, Christine Adshead has officially assumed the role of Non-Executive Chair, replacing James ("Jim") McCarthy, as announced on 29 April 2024.

Christine is a former Partner at PwC, where she spent nearly 20 years providing transaction advisory services across a range of corporate activities and a variety of sectors, including retail and consumer goods. She was PwC's London region private equity leader, as well as being a national leader for mid-tier private equity. Christine was also an elected member of the PwC Supervisory Board, the governance body for PwC in the UK, which represents the interests of over 900 Partners and is responsible for providing constructive challenge to PwC's UK Executive Board.

Christine is a Non-Executive Director and Board Member of Hill Dickinson LLP, an international commercial law firm headquartered in Liverpool. She has served on the Board of Ultimate Products as a Non-Executive Director since September 2020.

Christine Adshead, Chair of Ultimate Products, commented:

"I am delighted to have formally taken on the role of Chair and am deeply grateful for the outstanding leadership provided by my predecessor, Jim McCarthy. On behalf of the Board, I would like to extend our best wishes to him for the future. Having been a Non-Executive Director on the Board of Ultimate Products since 2020, I have witnessed firsthand the exceptional dedication of this company in bringing beautiful products to every home. I am very much looking forward to continuing to work closely with the team to build on our successes and drive forward our ambitious and brand-led international growth plans."