IMI PLC has announced that Jamie Pike will succeed Lord Smith of Kelvin as the Chair of the Board and the Nomination Committee, effective from January 1, 2025. This change is part of the company's orderly succession planning activities. Lord Smith of Kelvin will seek re-election at the 2024 Annual General Meeting to facilitate a smooth transition and will step down from the Board on December 31, 2024.

Jamie Pike, the incoming Chair, brings a wealth of listed board experience and a deep understanding of engineering. He has previously held roles as Chair of Cobham plc and RPC Group plc and currently holds the positions of Chair of Spirax-Sarco Engineering plc and Chair of XP Power Limited. Roy Twite, Chief Executive Officer of IMI, expressed his delight at Jamie's appointment and highlighted his anticipation of working with him.

Lord Smith of Kelvin, the outgoing Chair, expressed his confidence in Jamie as his successor and thanked the talented colleagues at IMI for the privilege of working with them over the last nine years. Jamie Pike, the incoming Chair, expressed his excitement about joining the team at IMI and emphasized the company's clear strategy rooted in its purpose of breakthrough engineering for a better world.

This announcement has been made in accordance with the requirements of Listing Rule 9.6.11. There is no further information to be disclosed under Listing Rule 9.6.13. For further inquiries, the company secretary and the head of investor relations have been provided as contacts.