Following the announcement on 7 October 2022 that Allied Minds plc has posted a circular to its shareholders proposing a delisting and containing information on the intended appointment of an additional non-executive director, Mr. Juan Morera, nominated for appointment to the board by Crystal Amber Fund Limited, the Company now updates that Mr. Juan Morera has been appointed to the board of directors of the Company with effect from 26 October 2022. Mr. Morera is a CFA qualified investment analyst with over 10 years' experience, currently working as an analyst and Assistant Fund Manager at Crystal Amber Advisers. Prior to this he was an Investment Analyst at Wills Towers Watson.

Mr. Morera holds an MSc in Politics of the World Economy from the London School of Economics and Political Science and a BA in Politics and Public Policy from Universitat Pompeu Fabra, Barcelona. Mr. Morera is a non-executive director of the Hurricane Energy plc.