Appointment of Non-Executive Director

Released : 03 Aug 2023 07:00

RNS Number : 1342IOn the Beach Group PLC03 August 2023

3 August 2023

On the Beach Group plc

("On the Beach" or the "Group")

Appointment of Non-Executive Director

On the Beach Group plc (LSE: OTB.L), a leading UK online retailer for beach holidays, is pleased to announce the appointment of Veronica Sharma to the Board as an independent Non-Executive Director with effect from 1 September 2023. Veronica will also serve as a member of the Audit, Remuneration and Nomination Committees.

Most recently Veronica was Group Chief People Officer at online car retailer Cazoo Group Ltd (NYSE: CZOO), where she led its people and engagement strategy as the company grew from a UKonly organisation into a European business across five markets. Prior to this she founded a talent advisory and organisational change consultancy to private equity, venture capital and other growth-focused organisations, specialising in technology businesses. Veronica was also Group Chief People Officer at Photobox & Moonpig Group plc where she led a large-scale cultural transformation across Europe and has also worked in a variety of roles at organisations including eBay, Laing O'Rourke and BAA Heathrow Terminal 5.

Richard Pennycook, Chairman of On the Beach Group plc, commented:

"We are delighted to welcome Veronica to the Board as an independent Non-Executive Director. Her people and organisational strategy capabilities will be complementary to the composition of the Board, and her experience working within a number of leading technology enabled organisations will be beneficial as we continue to invest and innovate."

Veronica Sharma said:

"I am excited to join the Board of On the Beach, a company right at the heart of the online travel sector - a dynamic space to be. I am looking forward to leveraging my digital and people experience and working with the Company on evolving its ESG strategy. On the Beach is an innovative and bold business with supportive values to both its people and customers and I look forward to working with my Board colleagues and leadership team to deliver its growth agenda."

Save as disclosed herein, there are no further details required to be disclosed pursuant to Listing Rule 9.6.13R in connection with Veronica's appointment.

For further information:

On the Beach Group plc

Shaun Morton, Chief Executive Officer

Jon Wormald, Chief Financial Officer

via FTI Consulting

FTI Consulting

Alex Beagley

Fiona Walker

Sam Macpherson

Rafaella de Freitas

Tel: +44 (0)20 3727 1000

About On the Beach

On the Beach Group plc is one of the UK's largest online beach holidays retailers, with significant opportunities for growth. Its innovative technology, low-cost base and strong customer-value proposition provides a structural challenge to legacy tour operators and online travel agents, as it continues disrupting the online retail of beach holidays. Its model is customer-centric, asset light, profitable and cash generative.

www.onthebeachgroupplc.com

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