Response to media reports and petition

Ted Baker Plc

Response to media reports and petition

Ted Baker PLC (the "Group") notes the recent media reports and petition in respect of the business and its founder and CEO, Ray Kelvin.

Ray, and the Company's leadership, have always prided themselves on Ted Baker being a great employer and business to work with. Accordingly, they and the Board take these concerns very seriously and the Board has directed a thorough and urgent independent external investigation is carried out into these matters.

An independent committee of the Non-Executive Directors has been appointed to ensure that the views and concerns are recognised and carefully considered and that appropriate responses are taken forward.