On 8 December 2020 the boards of directors managing Allied Universal Topco LLC (“Allied Universal”) and of G4S plc (“G4S” or the “Company”) announced that they had reached agreement on the terms of a recommended cash offer, to be made by Atlas UK Bidco Limited (“Allied Bidco”), a newly incorporated entity that is indirectly controlled by Allied Universal, to acquire the entire issued and to be issued share capital of G4S (the “Offer”). As agreed in the cooperation agreement entered into on 8 December 2020 between the Company, Allied Universal and Allied Bidco, Ms. Grate and Messrs Connolly, Almanza, Mogford, Ramsay and Weller, all of whom had agreed to stay on the board following the Change of Control for a short period to support the transition process have now stepped down from the board of G4S with effect from 21 April 2021.