The board of directors of Cognition hereby notifies its shareholders that the independent non-executive Chairman of the company, Mr. Ashvin Mancha will step down as Chairman of the company with effect from 12 March 2021, and will be succeeded by Mr. Paul Jenkins, who is currently a non-executive director of the company. Mr. Jenkins also serves as the independent non-executive Chairman of Caxton and CTP Publishers and Printers Limited, the controlling shareholder of Cognition. Mr. Mancha will assume the position as Deputy Chairman and Lead Independent Director of the Company and will continue to be Chairman of the Remuneration Committee.