IRC Limited announced that Mr. Hambro has been re-designated from Non-Executive Director to Chairman and Non-Executive Director of the Company with effect from 11 August 2020 and Mr. Bradshaw has been re-designated from Chairman and Senior Independent Non-Executive Director to Deputy Chairman and Senior Independent Non-Executive Director of the Company with effect from 11 August 2020. In connection with the foregoing, Mr. Bradshaw has relinquished the Chairmanship of the Nomination Committee of the Company, but will remain a member of the Committee, and Mr. Hambro has been re-designated as the Chairman of the Nomination Committee.