TIDM60VT

RNS Number : 8981Q

Paragon Treasury PLC

23 February 2023

Paragon Treasury Plc's parent company, Paragon Asra Housing Limited ('PA Housing'), makes the following announcement.

Further to our previous announcement on 16 December 2022, the Board of PA Housing is pleased to confirm that Michael McDonagh has been appointed Chief Executive Officer permanently. Michael has extensive experience of the social housing sector having been an advisor to some of the biggest housing associations in England with over 20 years at KPMG, latterly as Chief Operating Officer of KPMG. He is also Non-Executive Deputy Chair of Housing 21.

PA Housing and the wider social housing sector face a number of important challenges which the Board is determined to address. Michael's permanent appointment ensures that this work can continue with no interruption to business leadership.

Please contact our Resources Director Simon Hatchman for further information.

email simon.hatchman@pahousing.co.uk

Direct tel 07720 087108

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February 23, 2023 11:30 ET (16:30 GMT)

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