New Independent Board Chair

Allfunds Group Plc
("Allfunds")


Allfunds’ Board of Directors has today resolved to propose the appointment of Mr David Bennett as independent non-executive director to shareholders’ approval at the 2022 Annual General Meeting (“AGM”). If approved, Mr Bennett will be further appointed as new Chair of the Board.

This decision is the result of a robust selection process led by the Remunerations and Appointments Committee in response to Allfunds’ public commitment, announced at the time of the IPO, to appoint an independent Board Chair within twelve months from admission to listing of Allfunds’ shares. With Mr Bennett’s appointment, Allfunds will enhance its level of compliance with the recommendations on Board independence of the Dutch Corporate Governance Code voluntarily adopted by the Board.

Blake Kleinman, current Board Chair, said: “After the 2022 AGM, I will vacate my role as Board Chair, although I will remain as a director of Allfunds. It has been an honour to serve in this position during the past five years. In David we believe we have found the ideal candidate, with a strong blend of broad financial services experience, strategic vision, excellent governance insight and stakeholder engagement skills. My fellow Board members and I look forward to obtaining shareholders’ support and to keep contributing to the Board’s effectiveness under David’s leadership.”

Juan Alcaraz, the CEO, added: “I would like to thank Blake for his contribution to Allfunds so far. He has played a key role in the transformation of Allfunds, especially during such a pivotal year in our history as 2021. We are eager to welcome David and profit from his experience and leadership to keep transforming the WealthTech world.”

The 2022 AGM notice, including Mr Bennett’s full biographical details, will be available on the corporate website (www.allfunds.com) as from today.


For further information, please contact:

Allfunds Investor Relations

Silvia Rios
Global Head of Investor Relations
Tel: +34 91 274 64 00
investors@allfunds.com

Allfunds Media Relations

Katherine Sloan
Global Head of Marketing & Comms
Tel: +34 691 369 407
Katherine.Sloan@allfunds.com