Workspace CEO Update

Workspace Group PLC ('Workspace') announces that Graham Clemett, Chief Executive Officer ('CEO'), has informed the Board of his intention to retire during 2024, once his successor has been appointed and an appropriate handover completed. The search for Graham's successor will be led by Duncan Owen, Chairman, in consultation with the Nominations Committee. The Company will go through a formal and rigorous selection process for the new CEO and an announcement will be made once that's concluded.

Graham Clemett, Chief Executive Officer, Workspace, commented:

"After 16 hugely enjoyable years at Workspace, firstly as CFO and the last five years as CEO, it feels the right time for me to announce my retirement. The Company is in great shape and well positioned in the current market. I am confident that, with the fantastic team we have across the business, Workspace has an exciting future and will continue to go from strength to strength."

Duncan Owen, Chairman, Workspace, commented:

"On behalf of the Board, I would like to thank Graham who has been an excellent CEO and valuable member of the Workspace Board over a long period of time. We wish him all the best for his retirement and look forward to working with him until a successor has been found."

Remuneration

The Remuneration arrangements for Graham Clemett's departure will be in accordance with the Remuneration Policy approved by shareholders in 2023 and will be disclosed on the Company's website at the appropriate time in accordance with section 430 (2b) of the Companies Act 2006.