Chair Succession Update

17 August 2022

NWF Group plc

NWF Group plc: Chair Succession Update

NWF Group plc ('NWF' or the 'Company'), the specialist distributor of fuel, feed and food across the UK, announces that, David Downie has informed the Board he will no longer assume the role of Chair of the Group, as previously announced at the time of the Half Year Results, and will step down from the Board effective 29 September 2022. The Board would like to thank David for his considerable contribution over the last five years, and wishes him well, as he looks to spend more time focussing on other portfolio commitments.

Philip Acton has agreed to remain as Chair following the conclusion of the annual general meeting in September, and to oversee the appointment of a new non-executive Chair. Further updates will be made as this process progresses.