Earlier in the year, Jon Hobbs advised the Board of a desire to retire from full-time work and accordingly step down as Managing Director of Mayfield Group Holdings Ltd. (Mayfield). The timing of such retirement was flexible to ensure the Board had time to find a replacement and effect an orderly transition. It has now been agreed that Jon will resign from his subsidiary and Mayfield directorships, with effect from 3 October 2023.

Jon will then stay on in an advisory capacity until the Annual General Meeting scheduled for 24 October 2023.