Appointment of Chair Designate

Croda International Plc (“Croda” or “the Company”) today announces that it has appointed Danuta Gray as a Non-Executive Director and Chair Designate. Danuta will join the Board with effect from 1 February 2024 and will succeed Dame Anita Frew (DBE) as Chair at the conclusion of the Company’s AGM on 24 April 2024. Anita will then retire from the Board after nine years as Croda’s Chair.

Danuta has held Board positions with both FTSE 100 and FTSE 250 companies across a range of sectors for the past nineteen years. She is currently Chair of Direct Line Insurance Group Plc and a Non-Executive Director and Chair of the Remuneration Committee at Burberry Group plc.  She is also a member of the Employ Autism Development Board.

Danuta has extensive Non-Executive listed company Board experience having previously been Chair of St Modwen Property plc and also having served on the Boards of: Aldermore Bank plc, Old Mutual plc, Page Group plc, Paddy Power plc and Aer Lingus plc as well as a Non-Executive Member of the Defence Board of the UK Ministry of Defence.   On joining the Board, Danuta will be appointed to the Nomination Committee and will succeed Anita Frew as Chair of the Nomination Committee in April 2024.

Jacqui Ferguson, Senior Independent Director said:

“I am delighted that the comprehensive search process for our next Chair has resulted in the appointment of Danuta. Danuta is a highly experienced Non-Executive Director and Chair with a deep understanding of growing consumer focused and high technology businesses in international markets.  She has served on the Boards of a variety of listed companies and her depth of Boardroom experience and strong understanding of UK governance will be of enormous benefit to Croda.

On behalf of the Board and everyone at Croda, I would like to thank Anita for her outstanding commitment to Croda since 2014 and her leadership of the Board and stewardship during what has been a period of significant growth and strong performance”.

Danuta Gray said:

“I feel tremendous affinity with Croda given the Group’s strong customer focus, market-leading innovation and passion for using smart science to improve lives. With its talented employees, positive culture and refocused portfolio, Croda has an exciting future and I look forward to working with the Croda team to deliver on opportunities that are ahead.”

Dame Anita Frew, Chair said:

"It has been my great privilege to work with Croda and to serve as Chair of the Board since 2014 and I am delighted that I will in due course be handing over the reins to Danuta who will help steer Croda through this next phase.”

There are no further matters to be disclosed under LR9.6.13R of the Listing Rules of the UK Listing Authority.