Appointment of Executive Director

14 February 2023

S&U plc

("S&U" or "the Company")

Appointment of Executive Director

S&U (LSE: SUS), the specialist motor finance and property bridging lender, is pleased to announce the appointment of Ed Ahrens as an executive director of S&U plc with immediate effect. Ed has successfully led our property bridging business since it was set up in early 2017 to provide sensible diversification for the group within the speciality finance sector.

Ed first joined the S&U group in 2014 bringing with him strong relevant expertise in the finance sector having started his career at Abbey National and having worked in senior roles for Barclays, AIB and Vanquis Bank.

Anthony Coombs, Chairman of S&U plc commented: "We are delighted that Ed has accepted our invitation to join the S&U Board. Ed has overseen an excellent performance in our property bridging business in recent years and his wide-ranging skills will help further the successful development of Aspen Bridging and enhance the S&U Board."

There is no further information requiring disclosure under paragraph 9.6.13 of the UKLA listing rules.

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