Watches of Switzerland Group PLC announced that Dennis Millard, Chairman has indicated his intention not to seek re-election to the Board at the upcoming Annual General Meeting (AGM) on 14 October 2020. Dennis will continue to Chair the Company until the close of the AGM and will be available until December 2020 to facilitate the transition to a new Chair. It is proposed that Tea Colaianni, Senior Independent Director, will take over as Interim Chair from the close of the AGM.