Business
Non-Executive Board Director Appointment
Grainger plc announced the appointment of Fiona Muldoon as a Non-Executive Director, effective April 15, 2026, who will also assume the roles of Senior Independent Director and Chair of the Audit & Risk Committee on June 18, 2026, succeeding Justin Read. Muldoon brings extensive FTSE board and C-suite experience in capital markets, risk, governance, and sustainability, having previously served as CEO of FBD Holdings plc and held positions at Beazley plc and Admiral Group plc. The company confirmed Muldoon meets the independence criteria and possesses recent and relevant financial experience. Disclaimer*

About this update from Grainger Plc
14 April 2026 Grainger plc ("Grainger" or the "Company") Non-Executive Board Director Appointment Grainger plc, the UK's largest residential REIT and leader in the build to rent sector, today announces that Fiona Muldoon has been appointed to the Board as Non-Executive Director (NED) with effect from 15 April 2026. Fiona will succeed Justin Read as Senior Independent Director and as Chair of the Audit & Risk Committee when he retires from the Board after nine years on 18 June 2026. In addition to joining the Audit & Risk Committee, Fiona will also join the Board's Remuneration, Nominations and Responsible Business Committees. Fiona is a Chartered Accountant and a Fellow of the Institute of Chartered Accountants in Ireland. She has significant FTSE Board and C-Suite experience including in capital markets, risk, governance and sustainability. Fiona is currently on the Board of Beazley plc, the specialist insurance business, where she is the Risk Committee Chair, a member of the Audit Committee and Employee voice on the Board. She is also on the Board of Admiral Group plc, the international financial services group where she chairs the Audit Committee and is a member of the Risk Committee. Previously, Fiona was the CEO of FBD Holdings plc, a listed general insurer in Ireland (2015 to 2020) and a Director of Credit Institutions and Insurance Supervision at the Central Bank of Ireland, the Irish regulator. Her previous roles include 17 years with XL Group, and as a Non-Executive Director at the Bank of Ireland, where she served on all committees during her tenure and was chair of the Sustainability Committee. Simon Fraser, Chairman of Grainger, said: "We are very pleased to welcome Fiona Muldoon to the Board as Chair of our Audit & Risk Committee and Senior Independent Director, bringing a significant amount of experience and expertise in finance and consumer facing financial services. "We'd like to extend our sincere thanks to Justin Read for his unwavering commitment and support to the business over his tenure on the Board, as Chair of Audit & Risk Committee and as Senior Independent Director, over which time we have seen tremendous growth and transformation." Fiona Muldoon commented: "I am delighted to join Grainger's Board and I look forward to taking on the roles of Senior Independent Director and Chair of the Audit & ...