Hastings Group Holdings plc announced that it has received notice from Goldman Sachs & Co ("GS"), under the terms of a Relationship Agreement with the Company, of the removal of its appointed director to the Company Board, Mr. Sumit Rajpal. Mr. Rajpal will, therefore, resign from the Board with effect from 24 February 2020. The Company has been notified that GS does not, at this time, propose to nominate a replacement director. Under the terms of the Relationship Agreement, GS remains at liberty to nominate a director for appointment to the Board for as long as its interests exceed 5% of the Company's issued share capital.