Videndum PLC Appointment of Director & Chairman Designate (8575S)

TIDMVID

RNS Number : 8575S

Videndum PLC

09 November 2023

Videndum plc

Appointment of Non-Executive Director and Chairman Designate

Videndum plc ("the Company" or the "Group") is pleased to announce the appointment of Stephen Harris to the Board of the Company as an independent Non-Executive Director and Chairman Designate, with effect from 09 November 2023. Stephen will take over as Chairman from Ian McHoul (who previously announced that he will stand down at Videndum's 2024 AGM) as soon as is practicable and appropriate, and not later than the 2024 AGM.

Stephen Harris is currently Chief Executive Officer of FTSE 250 Bodycote plc (the world's largest provider of thermal processing services). After 14 years in the role, it was announced earlier this year that he will retire in H1 2024. Stephen has overseen strong growth, international expansion and operational improvements at Bodycote.

Stephen spent his early career in engineering at Courtaulds plc and then moved to the USA to join APV Inc from 1984 to 1995, where he held several senior management positions. He was appointed to the Board of Powell Duffryn plc as an Executive Director in 1995 and then joined Spectris plc as an Executive Director from 2003 to 2008. Stephen was also a Non-Executive Director of Brixton plc from 2006 to 2009 and of Mondi plc from 2011 to 2021. He holds an MA in Engineering from Cambridge University and an MBA from the University of Chicago Booth School of Business.

Richard Tyson, Senior Independent Director commented: "On behalf of the Board, I am very pleased to welcome someone of Stephen's extensive experience as Chairman Designate. His track record of creating value in industrial engineering companies is exceptional and his appointment to the Board is excellent news for Videndum. Stephen Harris, working together with our Group Chief Executive Stephen Bird, will be very good for the Group. It is testament to the potential of Videndum that we can attract someone of Stephen's quality."

There are no further matters to be disclosed in relation to Stephen Harris in accordance with paragraph 9.6.13 of the Listing Rules.

Enquiries

Videndum plc

Richard Tyson, Senior Independent Director

Telephone: 020 8332 4602

MHP Group

Tim Rowntree/Ollie Hoare/Robert Collett-Creedy

Telephone: 020 3128 8100

A Snapshot of Videndum

Videndum is a leading global provider of premium branded hardware products and software solutions to the growing content creation market. We are organised in three Divisions: Videndum Media Solutions, Videndum Production Solutions and Videndum Creative Solutions.

Videndum's customers include broadcasters, fi l m studios, production and rental companies, photographers, independent content creators , professional musicians, governments and enterprises. Our product portfolio includes camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, LED lighting, mobile power, carrying solutions, backgrounds, motion control, audio capture , and noise reduction equipment.

We employ around 1 , 700 people across the world in 10 different countries. Videndum plc is listed on the London Stock Exchange, ticker: V I D .

More information can be found at: https://videndum.com/

LEI number: 2138007H5DQ4X8YOCF14

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