SIG announces that Christian Rochat, one of the two Directors appointed by CD&R Sunshine S.À R.L ("CD&R"), informed the Company that he does not intend to stand for re-election at the Annual General Meeting on 4 May 2023 (the "AGM"). CD&R served notice on the Company that it intends to nominate Mr. Diego Straziota for appointment to SIG's Board at the AGM. Mr. Straziota is a Managing Director at CD&R principally engaged in evaluating investment opportunities in the industrials and business services verticals.

He has served as CD&R's appointed observer to SIG's Audit & Risk Committee since July 2020.There are no disclosures required in respect of this appointment pursuant to Listing Rule 9.6.13 (1) to (6).