M&C Saatchi plc announced that Gareth Davis, Chair, has notified the Board that he does not intend to seek re-election to the Board at this year's annual general meeting. The process to identify and appoint a new independent Non-Executive Chair is already underway and is being managed by Lisa Gordon, Senior Independent Director, in accordance with corporate governance best practice. Gareth will continue to act as Chair until his replacement is appointed.

The Board continues to review its composition to ensure it has the relevant skills and experience and will make further appointments as appropriate.