The Gym Group plc (the “Company”), the nationwide operator of 186 low-cost gyms, announces the following changes to Board roles and responsibilities and the composition of its committees.

As announced on 15 January 2021, our Senior Independent Director and Audit & Risk Committee Chair, Paul Gilbert, will retire at the AGM in May after nine years with our business. The Company is pleased to announce that independent non-executive director Emma Woods will be appointed to the role of Senior Independent Director (SID) with effect from the date of the Company’s next AGM.

In addition to the change of SID, the following changes to roles and responsibilities of certain of our non-Executive Directors will also take place with effect from the date of the Company’s next AGM:

• David Kelly will be appointed chair of the Audit & Risk Committee;
• Emma Woods will be appointed chair of the Remuneration Committee;
• Rio Ferdinand will join the Remuneration Committee, the Nomination Committee and the Health & Safety and Wellbeing Committee; and
• Wais Shaifta will join the Audit & Risk Committee, the Nomination Committee and the Health & Safety and Wellbeing Committee.

Penny Hughes, Chair of the Gym Group, commented:

The Board is committed to ensuring that the Company maintains high standards of corporate governance with orderly succession and rotation of Board roles and responsibilities. These changes take into account our Non-Executive Directors’ skills, knowledge and experience and their enthusiasm to carry new responsibilities for the next stage of growth at The Gym.

For further information, please contact:

The Gym Group:
Richard Darwin, CEO
Mark George, CFO
Penny Hughes, Chairwoman
via Instinctif

Instinctif Partners:
Matthew Smallwood
Justine Warren
0207 457 2005/10

Numis:
Luke Bordewich, George Price
0207 260 1366

Peel Hunt:
Dan Webster, George Sellar
0207 418 8900