Directorate Change

Headlam Group plc

('Headlam' or 'the Company')

Notice of Directorate change

Headlam Group plc (LSE: HEAD), the UK's leading floor coverings distributor, announces that Chris Payne, Group Chief Executive Officer and Executive Director, has stepped down from the Board with immediate effect.

Stephen Bird, Non-Executive Chairman, will assume the role of interim Executive Chairman, while the Board runs a formal CEO succession process. He will return to his Non-Executive role once the new CEO is appointed.

The Board is accelerating the execution of the turnaround strategy to restore profitability and strengthen the Group's market position.

Stephen Bird, interim Executive Chairman, commented:

"This leadership change positions us to move forward with greater pace and focus. The Board is taking decisive action to deliver the transformation our business needs. We would like to thank Chris for his efforts and wish him well for the future."

Notes to Editors

Operating for over 30 years, Headlam is the UK's leading floorcoverings distributor. The Group works with suppliers across the globe manufacturing the broadest range of products, and gives them a highly effective route to market, selling their products into the large and diverse trade customer base. The Group has an extensive customer base spanning independent and multiple retailers, small and large contractors, and housebuilders. It provides its customers with a market leading service through the largest product range, in-depth knowledge, ecommerce and marketing support, and nationwide next day delivery service. To maximise customer reach and sales opportunity, Headlam operates businesses, trade brands and product brands across the UK and Continental Europe (France and the Netherlands), which are supported by the group's network, central resources and processes.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement, this inside information is now considered to be in the public domain. The person responsible for arranging the release of this announcement on behalf of Headlam is Adam Phillips, Chief Financial Officer.