Franchise Brands plc announced that Mark Fryer, who joined the Group on 2 August 2023, is stepping down from his role as Chief Financial Officer of the Company with immediate effect. The Company's search for a permanent Chief Financial Officer will commence shortly and the Company will update the market in due course. Andrew Mallows has been appointed as Interim Chief Financial Officer with immediate effect.

Andrew originally joined Franchise Brands in 2016 as Finance Director, and since 2017, has been the Group's Commercial Director over which time he has made a significant contribution to the development of the business. He served as Interim Chief Financial Officer of the Group between 26 July 2022 and 2 August 2023. Andrew was Finance Director of Domino's Pizza UK & IRL plc from 2001 to 2004 before being appointed as its Business Development Director.

Andrew John Mallows is aged 54 and is currently a director of the following companies and, save as set out below, has not held any other directorships or partnerships during the past five years: Azura Business Solutions Limited; Azura Design Studio Limited; Azura Group Ltd; Barking Mad Limited; ChipsAway International Ltd; DentsAway Limited; Edwin Investments Limited; Environmental Biotech Limited; FB Holdings Limited; Filta Group Holdings Limited; Filta Refrigeration Limited; FiltaFry Limited; Franchise Brands plc (30 September 2022 to2 August 2023, reappointed 19 June 2024); Grease Management Limited; Hydraulic Authority I Limited (21 April 2023 to 27 September 2023, reappointed 19 June 2024); Hydraulic Authority II Limited (21 April 2023 to 27 September 2023, reappointed 19 June 2024); Hydraulic Authority III Limited (21 April 2023 to 27 September 2023, reappointed 19 June 2024); Kemac Services Limited; M & M Asset Maintenance Limited; Metro Plumb Limited; Metro Rod Limited; MRB Drainage Limited; MRE Drainage Limited; Oven Clean (Ontario) Limited; Oven Clean Domestic Limited; Pirtek Europe Limited; The Filta Group Limited; The Handyman Van Limited; Watbio Holdings Limited; Watbio Limited; Watling Hope (Installations) Limited; Willow Drainage Limited; Willow Pumps Limited; and WPL Group Holdings Limited.