Card Factory plc announced, after an extensive search process, the appointment of Matthias Seeger as Chief Financial Officer. Matthias has been CFO of Ambassador Cruise Line Limited since February 2022, having previously been CFO of Costcutter Supermarkets Group from September 2015 to September 2021. Previous roles throughout his 31 year career include senior finance roles with Procter & Gamble, in Germany, the UK, Belgium and Switzerland, between 1991 and 2013. Matthias has a Master's Degree in Engineering and an MBA from the University of Texas.

Matthias is expected to join the Company on 22 May 2023. The Company has now agreed that Kris Lee will leave the Company on 31 January 2023, at which time he will step down from the Company's board. Pending Matthias joining Card Factory, Simon Comer, currently Group Financial Controller, will be appointed as Interim Chief Financial Officer, but will not be appointed as a director of the Company.

Simon has been Group Financial Controller since June 2021, having held previous senior finance roles, including CFO roles, in private equity and listed companies.