Company Announcements

9 March 2023

Currys plc

Appointment of Magdalena Gerger as a Non-Executive Director

Currys plc (the 'Company') is pleased to announce the appointment of Magdalena Gerger as an Independent Non-Executive Director and a member of the Remuneration, Nominations and ESG committees with effect from 1 May 2023.

Magdalena is an experienced executive and non-executive board director. She was President and CEO of Systembolaget, a Swedish government-owned retailer of wines, beers and spirits with revenues of SEK 40bn (£3.1bn) and 450 stores across Sweden from 2009 to 2022. During her tenure this business increased market share, and Magdalena oversaw the development of a new customer journey and the introduction of an online system and service.

Prior to joining Systembolaget, Magdalena held positions as Senior Vice President of Arla Foods with responsibilities for Global Fresh Dairy and Nordic Marketing & Innovation, as Category Head for Nescafe and Retail Coffee at Nestle UK and as UK Marketing Director at Tambrands (now Proctor & Gamble) and at ICI Paints.

Magdalena is a Swedish national. She graduated with an MBA from Stockholm School of Economics in 1989 and has over 20 years' non-executive director experience. She is a Non-Executive Director of Peab AB and Investor AB. Her past non-executive roles have included board positions with Ingka Holding BV (IKEA), Husqvarna AB, Humana AB and Ahlsell AB.

Magdalena is the Chair of Nefab Group, a private company, the Business Council of The Royal Swedish Academy of Engineering Sciences and the British Swedish Chamber of Commerce.

The Company also announces that Andrea Gisle Joosen will be stepping down as a Non-Executive Director on 5 July 2023, as she approaches a nine-year tenure on the Board.

Ian Dyson, Chair of the Board

"I am absolutely delighted to welcome Magdalena Gerger to the Board as a Non-Executive Director. Magdalena has a strong consumer and retail background together with a deep knowledge and experience of the Nordic markets. Magdalena will bring constructive challenge to the Board, especially in relation to the Group's Nordics business. I look forward to working with her.

I would like to thank Andrea Gisle Joosen for her invaluable contribution to the Board since the Company was formed in 2014 by the merger of Dixons Retail and Carphone Warehouse."

Magdalena Gerger

"I am very excited to be joining the Board of Currys as the business continues its successful transformation journey. The challenging macro environment in recent times has shown what a resilient business this is and I am looking forward to working with Alex Baldock and his team as they continue to build a world-class omnichannel retailer and services provider."

There is no additional information that requires disclosure under Listing Rule 9.6.13.

For further information

Information on Currys plc is available at www.currysplc.com 

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About Currys plc

Currys plc is a leading omnichannel retailer of technology products and services, operating online and through 826 stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.

In the UK & Ireland we trade as Currys; in the Nordics under the Elkjøp brand and as Kotsovolos in Greece. In each of these markets we are the market leader, employing 30,000 capable and committed colleagues. Our full range of services and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them, throughout their lives. The Group's operations include state-of-the-art repair facilities in Newark, UK, a sourcing office in Hong Kong and an extensive distribution network, enabling fast and efficient delivery to stores and homes.

Our vision, we help everyone enjoy amazing technology, has a powerful social purpose at its heart. We believe in the power of technology to improve lives, help people stay connected, productive, healthy, and entertained. We're here to help everyone enjoy those benefits and with our scale and expertise, we are uniquely placed to do so.

We're a leader in giving technology a longer life through repair, recycling and reuse. We're reducing our impact on the environment in our operations and our wider value chain and we will achieve net zero emissions by 2040. We offer customers products that help them save energy, reduce waste and save water, and we partner with charitable organisations to bring the benefits of amazing technology to those who might otherwise be excluded.