Argentex Group PLC announced that Lord Digby Jones will step down as Chair on 1 September 2023 and will continue as a Non-Executive Director. Lord Jones has been involved with Argentex since 2012 and has provided strong and effective leadership to the Group from inception through to the successful flotation in 2019 and thereafter. Nigel Railton (currently Senior Independent Director) will be appointed Chair of Argentex on 1 September 2023.Nigel was, until recently, the Chief Executive Officer of Camelot, a highly successful global technology-driven business, which under his leadership, doubled digital sales to £3.5 billion, and became one of the world's leading lottery operations.

Lord Jones has indicated to the Board that he wishes to retire on or before his 70thBirthday in 2025. The Board has therefore started a process to identify two new Non-Executive Directors, one of whom will be appointed as soon as practicable to replace Nigel Railton as Chair of the Audit Committee and the other to replace Lord Digby Jones in due course. Nigel Railton will continue in his role as Chair of the Audit Committee until a new suitably-qualified Non-Executive Director has been appointed.

Jonathan Gray will become Senior Independent Director.