CLG.L Regulatory News (CLG)

Clipper Logistics plc

Board Changes

Clipper Logistics plc ("Clipper"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce the appointment of Dino Rocos as an Independent Non-Executive Director with effect from 1 January 2020. Dino will be a member of the Nomination, Remuneration and Audit Committees from this date.

Dino is a Fellow of the Chartered Institute of Logistics and a highly experienced supply chain leader, bringing with him over forty years' retail industry experience at the UK's leading omni-channel retailer, John Lewis Partnership, where he served for many years as a senior Management Board member with responsibility for the development of supply chain strategies working within the industry to develop propositions, capabilities and fulfilment solutions.

Clipper also announces that Mike Russell, current Independent Non-Executive Director and Remuneration Committee Chairman, will retire from Clipper on 28 February 2020, having served for nine years on the Board of Clipper and its former parent company prior to IPO.

With effect from 1 January 2020, Stephen Robertson, Senior Independent Non-Executive Director, will become Chairman of the Remuneration Committee.

Steve Parkin, Executive Chairman of Clipper said: "I am delighted to welcome Dino to Clipper. His appointment further enhances the skills and experience of the Board and ensures the balance between executive and non-executive directors will be maintained following the retirement of Mike. On behalf of the Board I would like to thank Mike for his valuable contribution to Clipper over the last nine years and wish him well in his retirement."

In relation to the above appointment, no further information is required to be disclosed pursuant to LR 9.6.13.

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