Workspace Appoints CFO Designate

Workspace Group PLC ('Workspace'), London's leading owner and operator of sustainable, flexible workspace today announces the appointment of Tom Edwards-Moss as its CFO Designate. Tom will replace Dave Benson, who informed the Board in August of his decision to step down from Workspace.

Tom has been Chief Executive of Hibernia Real Estate Group Ltd. ('Hibernia') since 2022. He joined the business in 2014 as Chief Financial Officer of Hibernia REIT PLC's investment manager and was appointed Chief Financial Officer of Hibernia REIT PLC following the internalisation of the investment manager in 2015, joining the Board at that point and holding the positions until the business' acquisition by Brookfield in 2022. Prior to Hibernia, he spent nearly nine years at Credit Suisse in the UK & Ireland Investment Banking Team.

Tom is expected to join Workspace following completion of a notice period at Hibernia and Dave Benson will remain in post until Tom starts. Further updates on the timing of Dave's departure and Tom's commencement will be provided in due course.

Duncan Owen, Chair, Workspace, commented:

"We are delighted to welcome Tom as our next CFO following a rigorous recruitment process. With extensive experience in financial leadership, Tom is ideally placed to take on the role. The Board and I look forward to working with Tom as Workspace continues to execute its strategy with a focus on delivering attractive income-led shareholder returns."

Lawrence Hutchings, CEO, Workspace, commented:

"Tom's proven leadership and deep knowledge of the real estate sector and capital markets, from his time at both Hibernia and Credit Suisse, mean he is well-suited to be our new CFO. As we continue to execute our Fix, Accelerate and Scale strategy at pace, Tom's experience will provide valuable direction in steering the business towards a sustained recovery in occupancy and income growth."

Tom Edwards-Moss, CFO Designate, commented:

"I am looking forward to joining the Board of Workspace as the new CFO. Workspace has a fantastic portfolio and a long history in the flexible workspace market, with deep roots in supporting London's creative and innovative SMEs. I look forward to working closely with Lawrence and the wider team to support the delivery of the strategy."

Tom currently owns 6,052 Ordinary Shares in Workspace.

This announcement has been made pursuant to Listing Rule 6.4.6. There is no further information relating to Tom Edwards-Moss which is to be disclosed under Listing Rule 6.4.8.

The terms of Dave Benson's departure will be disclosed in accordance with section 430(2B) of the Companies Act 2006 in due course.