TIDMENT

RNS Number : 4525P

Entain PLC

20 June 2022

20 June 2022

Entain plc

("Entain", the "Company")

Board appointment

Entain plc (LSE: ENT), the leading global sports betting, gaming and interactive entertainment group, announces the appointment of Rahul Welde as an independent Non-Executive Director. The appointment will take effect from 1 July 2022.

Rahul was most recently Executive Vice President of Global Digital Transformation at Unilever plc where he drove digital strategies for the Unilever brands. He is an Indian national and brings over 30 years' experience in the global fast-moving consumer goods sector.

On appointment, Rahul will become a member of the ESG (Environmental, Social and Governance) Committee.

Barry Gibson, Chairman of Entain, said : "On behalf of the Board, I am delighted to welcome Rahul to Entain. Rahul brings with him exceptional knowledge of customer experience excellence, ecommerce and digital transformation. I am confident that his skills and expertise will further enhance the Board's ability to support and oversee the delivery of our strategy."

There are no details to disclose for Rahul Welde under Listing Rule 9.6.13 and he does not own any Entain plc ordinary shares .

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain .

Enquiries:

 
 Company Secretary - Entain plc                           Tel: +44 (0) 203 938 000 
 Emily Carey                                             secretary@entaingroup.com 
 
 Investor Relations - Entain plc                         investors@entaingroup.com 
 David Lloyd-Seed, Chief IR & Communications      david.lloyd-seed@entaingroup.com 
  Officer 
 Davina Hobbs, Head of Investor Relations             davina.hobbs@entaingroup.com 
 Callum Sims, IR Manager                               callum.sims@entaingroup.com 
 
 Media - Entain plc                                          media@entaingroup.com 
 Lisa Attenborough, Head of Corporate            lisa.attenborough@entaingroup.com 
  Communications 
 Jay Dossetter, Head of ESG and Press                jay.dossetter@entaingroup.com 
  Office 
 Jodie Hitch, PR Manager                               jodie.hitch@entaingroup.com 
 

LEI: 213800GNI3K45LQR8L28

About Entain plc

Entain (LSE: ENT) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Bet.pt, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet and Sports Interaction; Gaming Brands include CasinoClub, Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US. Entain provides the technology and capabilities which power BetMGM as well as exclusive games and products, specially developed at its in-house gaming studios. The Group is tax resident in the UK with operations in a total of 31 regulated or regulating territories. Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group has set a science-based target, committing to be carbon net zero by 2035 and through the Entain Foundation supports a variety of initiatives, focusing on safer gambling, grassroots sport, diversity in technology and community projects.

For more information see the Group's website: www.entaingroup.com

Notes for Editors

1. The appointment of Rahul Welde as a Non-Executive Director was made by the Board on the recommendation of the Nomination Committee following a search led by the Chairman.

2. The Board determined that Rahul Welde is an independent Non-Executive Director upon appointment in accordance with the UK Corporate Governance Code.

   3.     The annual fee payable to Rahul Welde as a Non-Executive Director is GBP85,000. 

4. Rahul Welde has been issued with a Letter of Appointment which may be viewed by contacting the Company Secretary.

   5.     Following the above change, the composition of the Entain board will be as follows: 
   --      J M Barry Gibson, Chairman of the Board 
   --      Jette Nygaard-Andersen, Chief Executive Officer 
   --      Rob Wood, Chief Financial Officer and Deputy CEO 
   --      Robert Hoskin, Chief Governance Officer 
   --      Stella David, Senior Independent Director 
   --      Pierre Bouchut, Independent Non-Executive Director and Chair of the Audit Committee 
   --      Mark Gregory, Independent Non-Executive Director and Chair of the Remuneration Committee 
   --      Vicky Jarman, Independent Non-Executive Director 

-- Virginia McDowell, Independent Non-Executive Director, Designated Workforce Director and Chair of the ESG Committee

   --      David Satz, Independent Non-Executive Director 
   --      Rahul Welde, Independent Non-Executive Director 

LEI: 213800GNI3K45LQR8L28

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END

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June 20, 2022 04:11 ET (08:11 GMT)

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