Trifast PLC Announced Executive Changes, on March 31, 2020 Malcolm Diamond MBE retires from the business. Jonathan Shearman, Non-Executive Director will assume the role of Chair with effect from April 1,2020. Glenda Roberts has chosen to retire from Board and so steps down as a Director of the Company on march 31, 2020, Glenda plans to spend more time with her family but will remain available to undertake project work for TR. Neil Warner, Senior Independent Director, who joined in 2015 has informed the Board of his intention to retire from the Company and not seek re-election at the next Annual General Meeting. With effect from 1 April 2020, Claire Balmforth will join Trifast as a Non-Executive Director and Chair of the Remuneration Committee. Claire brings extensive operational experience having worked in FTSE250 companies within the retail, B2B and financial services sectors. She is currently a Non-Executive Director and Remuneration Committee Chair of Safestore Holdings plc and a Member of both Retail and People & Remuneration Committees at the British Heart Foundation. With effect from 30 July 2020, Clive Watson will join Trifast as a Non-Executive Director, Chair of the Audit and Risk Committee and Senior Independent Director. Having qualified as a chartered accountant with Arthur Andersen, Clive moved into industry, where, over his career, he worked for several international, companies in the UK and overseas gaining extensive experience in a variety of senior finance roles. In 2019 Clive retired as Group Finance Director of Spectris plc, a position held since 2006; he was also, formerly the Senior Independent Non-Executive Director and Audit Chair of Spirax-Sarco Engineering plc. He is currently a Non-Executive Director at Breedon Group plc, discoverIE Group plc (Audit and Risk Chair) and Kier Group plc (Audit and Risk Chair). Part of the strategy to drive the business forward has been to bring together a strong senior leadership team at an operational level below the PLC Board. As of April 1, 2020, this includes the creation of an Operational Executive Board. Functioning with Executive representation from the PLC Board, this global and cross-functional team will form the foundation of strategic leadership within the business. Further details on its members, and how this structure will operate, will be contained within the 2020 Annual Report.