Selina Hospitality PLC announced the appointment of Alan Bowers as the newest independent director on its Board of Directors, effective as of March 17, 2023. In addition, as part of Selina's commitment to corporate governance, the Board has established a Finance and Capital Allocation Committee to help oversee budgeting, capital allocation and significant transactions. Catherine Dunleavy, who has stepped down as chair of, but remains a member of, the Audit Committee was appointed as chair of the new committee.

The establishment of the Finance and Capital Allocation Committee underscores Selina's ongoing commitment to prudent cost management, strategic growth, and robust financial oversight. In light of the establishment of the Finance and Capital Allocation Committee and the appointment of Ms. Dunleavy as its chair, Mr. Bowers has been appointed as the chair of the Audit Committee and a member of the new Finance and Capital Allocation Committee, effective as of March 17, 2023. With the addition of Mr. Bowers, Selina's Board is now comprised of six independent directors and two executive directors.

Mr. Bowers brings to Selina an extensive background in hospitality, audit, accounting, and financial reporting. He currently serves as a non-executive director and chair of the Audit Committees of Ocwen Financial Corporation and CWT Travel Holdings Inc., a private travel management platform business. He formerly served as a non-executive director and chaired the audit committees of Walker & Dunlop Inc., from 2010 until 2022, CorePoint Lodging Inc., from 2018 until 2022, and La Quinta Holdings, from 2013 until 2018.

Mr. Bowers has been a certified public accountant since 1978 and served as staff auditor, audit partner and managing partner at Coopers & Lybrand, L.L.P. during a 17-year tenure there.