Directorate Change

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), announces that, after more than eight years as a Non-Executive Director, Alan Rigby has notified the Board of his intention to step down, with effect from 30 April 2025.

Alan has served on the Board of Ultimate Products since the Group's admission to trading on the London Stock Exchange in March 2017. He was the Board's Senior Independent Director from IPO until October 2024, when he was succeeded in that role by Robbie Bell. During his tenure, Alan has played an instrumental role on various Board committees, including the Audit & Risk, Nomination and Remuneration Committees, chairing the latter from March 2017 to April 2023.

Christine Adshead, Chair of Ultimate Products, commented:

"On behalf of everyone at Ultimate Products, I would like to extend our sincere thanks to Alan for his commitment and dedication to the business since 2017. His wise counsel has been greatly valued, and his significant contribution as both Senior Independent Director and Non-Executive Director is appreciated by us all. We are especially grateful for his work on several Board committees, including his leadership as Chair of the Remuneration Committee. We wish him all the very best for the future."

Alan Rigby, outgoing Non-Executive Director, commented:

"Ultimate Products is a remarkable business, and it has been a privilege to serve on its Board over the past eight years. In that time, the company has undergone transformational change, evolving into an owner of industry-leading brands with a leading position in the UK and a strong, growing presence across the sizable European market. I leave behind an exceptionally capable Board, who I've thoroughly enjoyed working with, and I remain confident that the business has an extremely bright and prosperous future ahead."