Board Changes

REVOLUTION BEAUTY GROUP PLC

("Revolution Beauty", the "Group" or the "Company")

Board Changes

Revolution Beauty Group plc (AIM: REVB), the multi-channel mass beauty innovator, is pleased to announce the appointment of Derek Zissman as Non-Executive Chairman, replacing Tom Allsworth. Tom Allsworth is resigning as a director of Revolution Beauty with immediate effect, prior to the publication of the Company's FY22 accounts, as previously referenced in the Company's announcement of 13 January 2023. The Company continues to expect to publish its FY22 accounts during May 2023.

Derek was appointed as Senior Non-Executive Director to the Company on its IPO in July 2021, and more recently led the investigation committee in relation to the independent investigation. Derek has led the structural and governance changes which followed the outcome of the independent investigation.

Derek Zissman, Non-Executive Chairman, commented:

"Whilst it's been a difficult number of months for the Group, I am confident that with the new management team and corporate governance structures in place, the mistakes of the past will not be repeated. I'd like to thank Tom Allsworth for his contribution and effort since he co-founded the Company in 2013."

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