Board Change

15 November 2018

Blue Prism Group plc

("Blue Prism" or the "Group")

Board Change

Blue Prism (AIM: PRSM), a global leader in Robotic Process Automation ("RPA") announces that, after 10 years, Jason Kingdon has informed the Board of his intention to step down as Chairman and as a member of the Board in 2019 to focus more time on his other technology start-up commitments.

Blue Prism has initiated a process to appoint a new Chairman and Dr. Kingdon will remain in post until his successor is in place.

Dr. Kingdon has played a key role in the Group's success over the last decade having joined as Executive Chairman in April 2008 during the Group's start-up years and then serving as Non-Executive Chairman following the Group's successful IPO in 2016. He has been influential in the stewardship of Blue Prism's rapid growth and its transformation into an enterprise software business serving some of the world's largest multinational organisations and in defining a global category of software product.

The Board would like to take this opportunity to thank Dr. Kingdon for the substantial contribution he has made.

Chris Batterham, Senior Independent Non-Executive Director commented;

"On behalf of the Board I would like to thank Jason for the tremendous contribution he has made and for his good governance in his stewardship of the Group. It has been a great pleasure sharing in this exciting journey and we wish him well and every success in the future.

The Board has now started the search for Jason's successor, to help steward Blue Prism through its next phase of global growth, continuing to strengthen the Group's position as a global market-leader in RPA and technology innovation."

Jason Kingdon, Non-Independent, Non-Executive Chairman also commented;

"Blue Prism has been an amazing success, it is now a major global brand and one of the most successful business software companies to have emerged from the UK to date. In terms of shareholder value, product category and customer value this is demonstrably true. I feel very proud to have been part of the Blue Prism RPA revolution and will continue to support the team as this exciting story continues to develop. My move, after 10 years, is to free my time to help with my other AI technology start-up ventures for which the UK is becoming a global brand."

For further information please contact:

Blue Prism Group plc

Tom Hull, Head of Investor Relations +44 (0)77 3670 7407

Investec Bank plc +44 (0)20 7597 5970

Andrew Pinder

Sebastian Lawrence

Carlton Nelson

FTI Consulting +44 (0)20 3727 1000

Matt Dixon

Dwight Burden

About Blue Prism

Blue Prism Group plc ("Blue Prism" or the "Group"), is a UK-headquartered global software company.

As the pioneer, innovator and a market leader in Robotic Process Automation (RPA), Blue Prism delivers the world's most successful Digital Workforce. The company's Digital Workers (software robots) provide business leaders with new operational capacity and intelligent skills to automate repetitive administrative tasks, while meeting the requirements of the most demanding IT environments, where security, compliance and scalability are paramount.

Blue Prism provides a scalable and robust execution platform for best-of-breed AI and cognitive technologies and has emerged as the trusted and secure RPA platform of choice for our customers. Billions of transactions and hundreds of millions of hours of work are executed on Blue Prism robots from renowned companies including Aegon, BNY Mellon, Coca-Cola, Commerzbank, IBM, ING, Maersk, Nokia, Nordea, Procter & Gamble, Raiffeisen Bank, Siemens, Westpac and Zurich. As at 30 April 2018, Blue Prism had 271 employees based out of offices in Newton le Willows and London (UK), Sydney (Australia), Tokyo (Japan), Bangalore (India), Austin, Miami, Chicago, New York and San Francisco (US), Munich (Germany), Paris (France) and Singapore. 

For more information visit www.blueprism.com and follow the Group on LinkedIn and Twitter.

About Kingdon

Kingdon has been commercialising AI for over 25 years. He has a PhD from UCL Computer Science, he co-founded UCL's Intelligent Systems Lab in the early 1990s, he was CEO and co-founder of Searchspace, a company that led in the creation of big data analytics for Anti Money Laundering detection becoming the de-facto standard for the world's top tier banks. After a highly successful exit in 2005 he set-up a private AI research lab, as well as becoming early stage backer of Blue Prism in 2007. He's an EY entrepreneur of the year, a technology investor, author and editor of AI books, papers and patents.