The Board of Urban Logistics announced the appointment of Ms. Lynda Heywood as an Independent Non-Executive Director of the Company, and a member of the Audit Committee, Management Engagement Committee and Nomination Committee with effect from 1 May 2023. Lynda Heywood is a finance leader and treasurer who brings a wealth of experience in guiding FTSE 100 companies from her 20-year tenure at Kingfisher, and six years at Tesco, holding group treasurer roles at both organisations. In her role in the finance leadership team at Tesco, she is responsible for capital structure, liquidity and financial risk management, and has been instrumental in delivering the group's property JV acquisitions.

Lynda also sits on the Investment and Risk Committee of the Tesco Pension Scheme, which holds a significant real estate portfolio. Outside of her role at Tesco Lynda is also a member of the Money Markets Committee of the Bank of England. She qualified as a chartered accountant with BDO Stoy Hayward, is a fellow of the Association of Corporate Treasurers and holds a BA in accountancy from the London Metropolitan University.