Directorate Change

7th September 2017

Company Announcement

NON-EXECUTIVE DIRECTOR APPOINTMENT

The Board of Tex Holdings plc is delighted to announce the appointment of Mr Chris Gray as a Non-Executive Director of the Company with effect from 5th September 2017.

Aged 73, Chris Gray has spent more than 45 years in the International Transportation, Ports and Shipping industry.

Having initially set up a transport company specialising in road transportation between the UK and Europe he progressed to directorships within Contship UK Ltd and Contship Containerlines Limited eventually leaving in early 1998 to join Hutchison Ports UK Ltd where he was appointed Chief Executive with responsibility for the ports of Felixstowe, Thamesport and Harwich. In early 2002 Chris was appointed as Chief Executive for Hutchison Ports Bahamas based in Freeport, Grand Bahama where he served until 2009.

In late 2010 Chris was appointed as Executive Chairman of the Noatum Ports Group of companies, formerly known as Dragados, a major Spanish ports, shipping and transportation group which was acquired by JP Morgan Infrastructure Fund (IIF) from Spanish construction group ACS on behalf of institutional investors.

Chris is a former Chairman of the UK Major Ports Group, a former board member of the Harwich Haven Authority (1998-2007) and a former Council member of the CBI Eastern Region and Invest East of England. Chris also served as a board member of the Grand Bahama Island Tourism Board from 2002-2009.

A.R.B. BURROWS C.A. PARKER