The Board of Carclo plc announced that with immediate effect, Frank Doorenbosch, a Non-Executive Director, has been appointed as a consultant to the Group for a period of up to 12 months, and accordingly will become an Executive Director for that period. Frank will focus on assisting the Carclo Technical Plastics division to improve its operational effectiveness in the face of rapidly increasing demand coupled with current supply chain challenges. During this consultancy period Frank will temporarily step down from all Board Committees (Audit, Remuneration and Nomination) and Joe Oatley, the Senior Independent Non-Executive Director, will act as Chair of the Remuneration Committee in place of Frank.

All Board Committees will continue to operate in accordance with the UK Corporate Governance Code and to meet the requirements for a majority of independent directors on each Committee. Frank will waive his right to receive his Non-Executive Directorship fees in the period. It is intended that Frank will revert back to being a Non-Executive of the Company and resume his position on the Board Committees and as Chair of the Remuneration Committee as soon as the consultancy period has ended.