Ted Baker PLC Change of Director (5106X)

TIDMTED

RNS Number : 5106X

Ted Baker PLC

19 December 2019

Change of Director - Ron Stewart

This announcement is made in compliance with section 430(2)(b) of the Companies Act 2006 in relation to the departure of Ron Stewart as director of Ted Baker plc (the "Company").

Further to the RNS announcement on 17 December 2019, Ron Stewart has stepped down after nine years as a Non-Executive Director of the Group latterly as the Senior Independent Director.

Mr Stewart's directorship of the Company ceased on 17 December 2019.

Mr Stewart will receive three monthly payments in lieu of his three month notice period, calculated by reference to his annual fee (GBP80,000).

Save as set out above, Mr Stewart will not receive any other compensation or payment for ceasing to be a director.

These terms are in line with the Company's shareholder-approved remuneration policy.

Enquiries:

Hudson Sandler Tel: +44 (0) 20 7796 4133

Alex Brennan / Hattie Dreyfus / Nick Moore

tedbaker@hudsonsandler.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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December 19, 2019 06:40 ET (11:40 GMT)

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