Directorate Change

Volex plc (AIM: VLX), the specialist integrated manufacturer of critical power and data transmission products, announces the following changes to its Board.

Appointment of non-executive Director

John Wilson has been appointed to the Board, as an independent non-executive Director, with effect from 19 October 2023. John is a globally experienced Boardroom Director, with a strong background in the technology, components and connectivity solutions sectors. He is currently CEO of Bulgin Limited, a global leading manufacturer of sealed connectors and components, and was formerly Senior Independent Director, Chair of the Audit Committee and Chair of the Remuneration Committee of Checkit plc (previously Elektron Technology plc). John has a degree in Engineering from the University of Durham.

Director Resignation

Dean Moore, senior non-executive Director, has notified the Board of his decision to resign with immediate effect, in order to pursue other business interests.

Committee Changes

Sir Peter Westmacott has been appointed as Senior Independent Director, and Jeffrey Jackson has been appointed as a member of the Nominations Committee, both with immediate effect. Following his appointment, John Wilson will assume the role of Chair of the Audit Committee.

The composition of the committees of the Board is now as follows:

• Audit Committee: John Wilson (Chair) and Amelia Murillo.
• Remuneration Committee: Amelia Murillo (Chair) and Jeffrey Jackson.
• Nominations Committee: Sir Peter Westmacott (Chair), Nat Rothschild and Jeffrey Jackson.
• Safety, Environmental & Sustainability Committee: Jeffrey Jackson (Chair) and Nat Rothschild.

Nat Rothschild, Executive Chairman of Volex, commented:

"I would like to take this opportunity to thank Dean for his valuable contribution to Volex since 2017, and wish him well for the future.

"I would also like to welcome John to the Board. John will bring a wealth of complementary experience to the Board, including a demonstrable ability to implement strategies within complex organisations to enhance shareholder value, and I look forward to working with him."

Disclosures required by Schedule Two, paragraph (g) of the AIM Rules for Companies:

John Frederick Wilson, aged 47, holds or has held the following appointments in the last five years:

Elektron IP Limited

Elektron Precision Instruments Limited

Munro Instruments Limited

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) or Rule 17 of the AIM Rules for Companies in respect of John Wilson.