TIDMRWS

RNS Number : 2677O

RWS Holdings PLC

02 October 2023

For immediate release 2 October 2023

RWS Holdings plc

Update on Board Changes

RWS Holdings plc ("RWS" or "the Group"), a unique world-leading provider of technology-enabled language, content and intellectual property services, confirms that Julie Southern has been appointed Independent, Non-executive Chairman, as was anticipated by the announcement on 27 July 2022. Having stepped down as Chairman, Andrew Brode will remain on the Board as a Non-executive Director.

Julie Southern has served as a Non-executive Director and Chairman Designate of RWS as part of the Group's succession planning since July 2022. In her new role, she will also chair the Nomination Committee but will step down from the Group's Audit Committee in line with corporate governance best practice. Julie brings a wealth of business, strategic and governance experience from her current and previous Non-executive Director roles. She is currently Chair of the Board of NXP Semiconductors, where she has been a Non-executive Director since 2013 and is also a Non-executive Director at Ocado Group.

Ian El-Mokadem, Chief Executive Officer of RWS, commented:

"Andrew has been fundamental to RWS's success since leading a buyout in 1995. He has overseen a series of significant milestones, from listing the Group on AIM in 2003 to overseeing tremendous growth in revenues and profits, driven both by the underlying business and a series of acquisitions. Without his dedication to the Group, we would not have achieved our market leading position. The Board, and everyone at RWS, owes Andrew a huge debt of gratitude for his contributions over many years. We look forward to continuing to benefit from his wise counsel as a Non-executive Director.

As we look to the future, we welcome Julie Southern as our Chairman. Her leadership, strategic and governance experience will ensure that we are well positioned to deliver on our medium-to-long term objectives."

For further information, please contact:

 
    RWS Holdings plc 
     Ian El-Mokadem, Chief Executive Officer 
     Candida Davies, Chief Financial Officer                    01753 480200 
 
     MHP (Financial PR Advisor)                                 rws@mhpc.com 
      Katie Hunt / Eleni Menikou / Catherine Chapman           020 3128 8100 
                                                               07884 494 112 
 
      Numis (Nomad & Joint Broker) 
      Stuart Skinner / Kevin Cruickshank / Will 
      Baunton                                                  020 7260 1000 
    Berenberg (Joint Broker) 
     Ben Wright / Toby Flaux / Alix Mecklenburg-Solodkoff      020 3207 7800

About RWS

RWS Holdings plc is a unique, world-leading provider of technology-enabled language, content and intellectual property services. Through content transformation and multilingual data analysis, our combination of AI-enabled technology and human expertise helps our clients to grow by ensuring they are understood anywhere, in any language.

Our purpose is unlocking global understanding. By combining cultural understanding, client understanding and technical understanding, our services and technology assist our clients to acquire and retain customers, deliver engaging user experiences, maintain compliance and gain actionable insights into their data and content.

Over the past 20 years we've been evolving our own AI solutions as well as helping clients to explore, build and use multilingual AI applications. With 40+ AI-related patents and more than 100 peer-reviewed papers, we have the experience and expertise to support clients on their AI journey.

We work with over 80% of the world's top 100 brands, more than three-quarters of Fortune's 20 'Most Admired Companies' and almost all of the top pharmaceutical companies, investment banks, law firms and patent filers. Our client base spans Europe, Asia Pacific and North and South America. Our 65+ global locations across five continents service clients in the automotive, chemical, financial, legal, medical, pharmaceutical, technology and telecommunications sectors.

Founded in 1958, RWS is headquartered in the UK and publicly listed on AIM, the London Stock Exchange regulated market (RWS.L).

For further information, please visit: www.rws.com

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October 02, 2023 02:00 ET (06:00 GMT)

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