Directorate Change

About this update from Close Brothers Group Plc

                                                                                                                                                             Appointment of Director   Close Brothers appoints Fiona McCarthy as an executive director Close Brothers Group plc ("the group" or "Close Brothers") is pleased to announce the appointment of Fiona McCarthy as an executive member of the Board of Directors, with effect from 29 August 2025. Following Mike Morgan's appointment to Group Chief Executive, Fiona was appointed as Chief Finance Officer of the group in January 2025 and is also a member of the Group Executive Committee. She will retain these responsibilities as part of her new role as an executive director. Fiona joined the group in 2019 as  the  Financial Planning and Analysis Director and has over 30 years' experience in financial services across the retail, commercial, corporate and investment banking sectors. Prior to joining Close Brothers, Fiona held a number of senior finance roles at UBS and Natwest, most recently as interim Chief Finance Officer for the global investment bank of UBS. Mike Biggs, Chair said: "I am delighted to be welcoming Fiona to the Board. During her six years with the group, Fiona has provided effective leadership of the finance teams, with a demonstrable track record of delivery. She brings extensive experience and deep knowledge of the organisation and her appointment ensures strong continuity in the group's leadership team. I look forward to working closely with Fiona to continue building on our proven business model for future years."   There are no other matters to be disclosed under the UK Listing Rule 6.4.8.R in relation to Fiona McCarthy's appointment. Enquiries Camila Sugimura                                 Close Brothers Group plc                              020 3857 6577 Sam Cartwright                                    H/Advisors Maitland                                      07827 254561   About Close Brothers Close Brothers is a leading UK merchant banking group providing lending, deposit taking and securities trading.  We employ approximately 3,000 people, principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250. Cautionary Statement Certain statements included or incorporated by reference within this announcement may constitute "forward-looking statements" in respect of the group's operations, performance, prospects and/or financial condition. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as "anticipates", "aims", "due", "could", "may", "will", "should", "expects", "believes", "intends", "plans", "potential", "targets", "goal" or "estimates". By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions and actual results or events may differ materially from those expressed or implied by those statements. There are also a number of factors that could cause actual future operations, performance, financial conditions, results or developments to differ materially from the plans, goals and expectations expressed or implied by these forward-looking statements and forecasts. These factors include, but are not limited to, those contained in the group's annual report (available at: https://www.closebrothers.com/investor-relations ). Accordingly, no assurance can be given that any particular expectation will be met and reliance should not be placed on any forward-looking statement. Additionally, forward-looking statements regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Except as may be required by law or regulation, no responsibility or obligation is accepted to update or revise any forward-looking statement resulting from new information, future events or otherwise. Nothing in this announcement should be construed as a profit forecast. Past performance cannot be relied upon as a guide to future performance and persons needing advice should consult an independent financial adviser. This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to subscribe for or purchase any shares or other securities in the company or any of its group members, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment or investment decisions relating thereto, nor does it constitute a recommendation regarding the shares or other securities of the company or any of its group members. Statements in this announcement reflect the knowledge and information available at the time of its preparation. Liability arising from anything in this announcement shall be governed by English law. Nothing in this announcement shall exclude any liability under applicable laws that cannot be excluded in accordance with such laws.

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