Directorate Change

Directorate Change

Released : 15 Jun 2023

15 June 2023

BROOKS MACDONALD GROUP PLC

Appointment of Chief Financial Officer

Brooks Macdonald Group plc ("The Group", "Brooks Macdonald") is pleased to announce the appointment of Andrea Montague as Executive Director and Chief Financial Officer effective 1 August 2023, subject to regulatory approval.

Andrea has a breadth of experience in the UK long-term savings and asset management sector, with an extensive board and executive track record.  She was most recently Group Chief Risk Officer at Aviva, where she had previously been Group Chief Financial Controller.  Prior to that, Andrea held senior Finance leadership positions at Royal London and Standard Life and earlier in her career she worked at Scottish & Newcastle and PricewaterhouseCoopers.

Commenting on the appointment, Acting Chairman Richard Price said: "I am delighted to welcome Andrea to Brooks Macdonald.  She was the outstanding candidate in a strong field and the depth of her experience will be enormously valuable to the Group in continuing to drive forward our ambitious growth strategy."

Andrea Montague, incoming Executive Director and Chief Financial Officer, added: "I am excited to join Brooks Macdonald, a business with a strong focus and a clear strategy.  I look forward to working with Andrew Shepherd, his team and the Board to accelerate the company's growth."

AIM disclosures

During the five years immediately preceding the date of this announcement, Andrea Gertrude Martha Montague (née Bell), who is 48 years old, held the following directorships:

Current

None

Previous

Tomorrow's People Trust Limited

General Accident plc

Aviva International Holdings Limited

Friends Life Holdings Limited

Aviva Central Services UK Limited

Aviva Europe UK Societas

RL Finance Bonds No. 2 plc

RL Finance Bonds No. 3 plc

RL Finance Bonds No. 4 plc

Royal London Asset Management Limited

While Andrea Montague was a Director of Tomorrow's People Trust Limited, a charity supporting young people from disadvantaged backgrounds, the company entered administration in 2018 and completed a corporate voluntary arrangement in 2021.

There is no further information to be disclosed pursuant to Schedule Two Part (g) of the AIM Rules for Companies.

-END-

Enquiries to:

Brooks Macdonald Group plc

Andrew Shepherd, CEO

www.brooksmacdonald.com

020 7927 4816

Peel Hunt LLP (Nominated Adviser and Broker)

Paul Shackleton / Andrew Buchanan / John Welch

020 7418 8900

FTI Consulting

Edward Berry / Katherine Bell

[email protected]

07703 330199 / 07976 870961

Notes to editors

Brooks Macdonald Group plc, through its various subsidiaries, provides leading wealth management services in the UK and internationally. The Group, which was founded in 1991 and began trading on AIM in 2005, had discretionary Funds under Management of £16.8 billion as at 31 March 2023.

Brooks Macdonald offers a range of investment management services to private high net worth individuals, pension funds, institutions, charities and trusts. The Group also provides financial planning as well as international investment management, and acts as fund manager to a range of onshore and international funds.

The Group has fifteen offices across the UK and Crown Dependencies including London, Birmingham, Cheltenham, East Anglia, Exeter, Leeds, Manchester, Nuneaton, Southampton, Tunbridge Wells, Scotland, Wales, Jersey, Guernsey and Isle of Man.

LEI: 213800WRDF8LB8MIEX37