Ultra Electronics : Directorate Change

For Immediate Release 15 July2019

Ultra Electronics Holdings plc

('Ultra' or 'the Group')

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

Ultra is pleased to announce that Dan Shook has been appointed to the Board of Ultra as Independent Non-Executive Director and Chair of the Audit Committee with effect from 1 September 2019. As announced on 6 March 2019, John Hirst will step down from the Board as Non-Executive Director and Chair of the Audit Committee on the same date.

Dan is currently CFO of IMI plc. He has a strong track record in global R&D focused, industrial companies and brings relevant experience of highly-engineered products serving a range of end markets, and cyclical businesses. He is a US national based in the UK.

Tony Rice, Chair, commented:

'I am delighted to welcome Dan onto the Board of Ultra. His broad experience across engineering industries and financial background combined with his strong focus on performance management will be of great benefit to Ultra in both the Board and Audit Committee.

We would like to wish John Hirst all the best for his future endeavours and thank him for the wisdom, skill and commitment he has contributed to Ultra and for ensuring a smooth transition to Dan as Chair of the Audit Committee.'

Dan Shook commented:

'I am delighted to be joining Ultra at such an exciting time and look forward to working with the Board and management team to help deliver its 'focus, fix, grow' agenda'.

This announcement is made in accordance with paragraph 9.6.11 of the Listing Rules. There are no details to be disclosed under paragraph 9.6.13 (2) to (6) of the Listing Rules.

Enquiries:

Ultra Electronics Holdings plc
Simon Pryce, Chief Executive Amitabh Sharma, Group Finance Director	0208 813 4307
Gabby Clinkard, Head of Investor Relations	07891 206239 [e-mail]
MHP Communications	020 3128 8778
TimRowntree/OllieHoare/LukeBriggs	[e-mail]

About Ultra:

Ultra is a specialist international electrical and electronics engineering company. The Group operates predominantly in defence and other highly regulated markets with particular expertise in the maritime, and C3 (command, communication, and control including cyber) domains. Ultra is a Tier 3 equipment/sub-system and Tier 2 systems provider, focused on providing mission specific, bespoke solutions for its customers.