Board Change and Trading Update

Renishaw plc

Board Change and Trading Update

Renishaw plc, the global provider of manufacturing technologies, analytical instruments and medical devices, announces the following Board change.

After a career of over 46 years with Renishaw plc, Allen Roberts has agreed with the Board that he will step down from his position as Group Finance Director and will not stand for re-election at the upcoming Annual General Meeting on 26 November 2025. Allen will remain an employee of the Company until 31 December 2025 to facilitate the handover of his responsibilities. 

John Deer, co-founder of Renishaw plc and Non-executive Director, commented: 

"Allen has been a huge part of the Renishaw success story. From the first interactions that Sir David McMurtry and I had with him in 1974 it was clear that when the time was right for us to recruit our first Finance Director, Allen was the person who would help us to shape Renishaw's future. The company owes him an enormous debt of gratitude for helping to navigate its financial and strategic development over the past 46 years, notably in establishing its overseas subsidiaries. I wish him all the very best with his retirement and I would like to express my enormous personal gratitude for his friendship and wise counsel over the past five decades." 

Sir David Grant, Interim Non-Executive Chair, commented: 

"To have remained Finance Director of a FTSE listed company for over 40 years is an incredible achievement. Allen's stewardship of Renishaw's finances through an ever-evolving business landscape has been a cornerstone of its enduring success. On behalf of the Board, I wish him a long, happy and healthy retirement."

A process has commenced to recruit a Chief Financial Officer. Further information on this will be provided in due course. Details of the Company's interim arrangements will also be provided in due course.

Renishaw's 2025 full year results will be released on 18 September 2025. We expect revenue to be around the middle of the £700m to £720m range and adjusted profit before tax to be towards the top of the £109m to £127m range.

Kasim Hussain Group General Counsel & Company Secretary

21 August 2025

Notes to Editors: Supplementary information relating to the remuneration arrangements for Allen Roberts is set out below.  Full details of the departure terms of Allen Roberts will be disclosed on the Company's website in compliance with Section 430(2B) of the Companies Act 2006 and in the Directors' Remuneration Report within the Company's 2025 Annual Report and Accounts, as appropriate.