Braemar PlcLSE: BMS

Appointment of Group Chief Financial Officer

· Issued by Braemar Plc

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1 August 2023

BRAEMAR PLC

(the "Company")

Appointment of Group Chief Financial Officer

Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering, and risk management advice to the shipping and energy markets, is pleased to confirm further to the Company's announcement of 20 June 2023 that Grant Foley has been appointed as Group Chief Financial Officer with effect from today.

For further information, contact:

Braemar Plc

James Gundy, Group Chief Executive Officer

Tel +44 (0) 20 3142 4100

Rebecca-Joy Wekwete, Company Secretary

Investec Bank plc

Gary Clarence / Harry Hargreaves / Alice King

Tel +44 (0) 20 7597 5970

Cenkos Securities plc

Ben Jeynes / Max Gould (Corporate Finance)

Alex Pollen / Leif Powis (Sales)

Tel +44 (0) 20 7397 8900

Buchanan

Charles Ryland / Jamie Hooper / Jack Devoy

Tel +44 (0) 20 7466 5000

Notes to Editors:

About Braemar Plc

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping. Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers' needs, and provide an integrated service supported by a collaborative culture.

Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS. For more information, including our investor presentation, please visit www.braemar.com and follow Braemar on LinkedIn.