Simonds Farsons Cisk : Change in Directors and Audit Committee Members

The following is a Company Announcement issued by Simonds Farsons Cisk p.l.c. (the "Company") pursuant to Chapter 5 of the Capital Market Rules as issued by the MFSA in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as they may be amended from time to time.

Resignation and Appointment of Directors and Composition of the Audit Committee

The Company announces that Marquis Marcus John Scicluna Marshall and Baroness Justine Pergola resigned from the Board of Directors of the Company with effect from 9th November 2023. The Board of Directors would like to thank them for their services. There are no matters concerning the resignation of Marquis Marcus John Scicluna Marshall and Baroness Justine Pergola that warrant any disclosure in terms of the Capital Markets Rules.

The Company further announces that in terms of Article 95 of the Articles of Association of the Company, Mr Matthew Marshall and Mr Neil Psaila have been appointed as non-executive directors in their stead, with effect from the same date. Mr Matthew Marshall is the deputy CEO of the Estate of Marquis Scicluna, whilst Mr Neil Psaila is a fellow certified chartered accountant and the CEO of both Tabria Property and Hospitality Management, and Palazzo Parisio.

In accordance with Capital Market Rule 5.20, the following details are hereby being disclosed to the public:

Name: Mr Matthew Marshall
Address: 2, Balluta Buildings, Triq il-Karmelitani, St. Julians Malta
Principal activities performed outside the Company: N/A
Directorships held in previous 5 years in other Issuers: N/A

Name: Mr Neil Psaila
Address: Belveder, Fl 5, Triq Gianni Chetcuti, Mosta Malta
Principal activities performed outside the Company: N/A
Directorships held in previous 5 years in other Issuers: N/A

There are no other matters concerning Mr Matthew Marshall and Mr Neil Psaila the that require disclosure in terms of the Capital Markets Rules 5.20.5 to 5.20.9.

Furthermore, the Company announces the resignation of Marquis Marcus John Scicluna Marshall from the Audit & Risk Committee of the Company, and that Mr Neil Psaila has been appointed in his stead.

The Audit & Risk Committee is now composed of Mr Roderick Chalmers as Chairperson, Mrs Marina Hogg and Mr Neil Psaila.

By order of the Board

Nadine Magro
Company Secretary