4 April 2023

Non Executive Board Appointment

LSL Property Services plc (LSL) announces the appointment of David Barral to the Board of LSL as the Chair Designate. David is being appointed as an independent  Non-Executive Director, with effect from 3 April 2023 and he will also join the Nominations and Remuneration Committees. David will stand for election at the 2023 AGM and, if elected, he will move into the role of Chair of the Board and the Nominations Committee with effect from the end of the 2023 AGM. 

Bill Shannon, LSL Chair will retire from the Board at the end of 2023 AGM. Bill's retirement from the Board was announced on 20 February 2023.

David brings significant experience of financial services which is at the heart of the Group's growth strategy.  In his executive career, he held a number of senior positions at Aviva, including CEO of Aviva UK and Ireland, whilst non-executive appointments include roles as Senior Independent Director of LV Group, independent customer champion at Quilter and Chairman of Embark Group and Rowanmoor Group. He is currently non-executive Chairman of Curtis Banks.

In relation to David's appointments, the Board has determined that he is independent (according to the provisions of the UK Corporate Governance Code (2018 version)).

David Stewart, Group CEO commented:

"I'm delighted that David is to join the Board as Chair. I know from our discussions to date that he recognises just how well positioned we are to grow, and I look forward to working with him to help deliver our exciting plans."

No further information is required to be disclosed pursuant to paragraph 9.6.13 of the Listing Rules of the Financial Conduct Authority.