Company Announcements

23 June 2020

Ted Baker Plc

 ("Ted Baker" or the "Group")

Board Update

Ted Baker, the global lifestyle brand, today confirms that following the announcement on 22 April 2020 of the appointment of John Barton as non-executive Chairman, he will join the Group and be appointed to the Board with effect from 1 July 2020.

Sharon Baylay will continue in her role as Acting Chair until John joins the Board and has confirmed that she will not seek re-election to the Board at the Annual General Meeting on 21 July 2020.

Helena Feltham, Senior Independent Director, said:

"We are delighted to be welcoming John to the Board and look forward to benefitting from his significant experience leading consumer facing businesses.

"On behalf of the Board I would like to thank Sharon for her strong leadership and commitment during her time at Ted Baker, in particular as Acting Chair. Over recent months Sharon has guided the Board through a significant period of change, including with the appointment of a new Chief Executive in Rachel Osborne and the successful equity raise to support the transformation strategy."

Sharon Baylay said:

"I am very proud to have served on the Ted Baker Board and to have chaired the company at a critical time in its history. With the recapitalisation complete and a strong management team and compelling growth strategy in place, I am confident that the right foundations are in place to create value for all of Ted Baker's stakeholders in the years ahead. I will step down from the Board with effect from the conclusion of the AGM and I would like to wish John, the rest of the Board and the Group the very best for the future." 

John Barton said:

"I am very pleased to be joining Ted Baker as Chairman and would like to echo the Board's thanks to Sharon for the crucial role she has played as Acting Chair. We wish her all the very best for the future."

ENDS

For further information contact:

Enquiries and further information:

www.tedbaker.com

www.tedbakerplc.com