RNS Number : 1359N


20 September 2023

21 September 2023

ASOS appoints new Non-Executive Director

ASOS plc ("ASOS" or the "Company") is pleased to announce the appointment of William Barker as Non-Executive Director.

William is the founder and CEO of Camelot Capital Partners LLC ("Camelot Partners"), a California-based investment management company. William is also the Executive Chairman of Tapi Carpets & Floors, Executive Chairman of Synnovia, a UK manufacturing conglomerate and is also a founding investor and board member of Re:Build Manufacturing. Previously William was an advisor to Tony Hsieh, the founder of Zappos.

Camelot Partners holds 16,722,381 ordinary shares in the Company, representing 14.02% of the Company's issued share capital. Given William's relationship with Camelot Partners., a significant shareholder, in accordance with the UK Corporate Governance Code 2018 William joins the Board as a Non-Independent Non-executive Director.

Jørgen Lindemann, ASOS Chairman, said:

"ASOS has a long-standing relationship with William as shareholder and strong supporter of the company, and I am delighted that William has now agreed to join the Board. He brings a wealth of retail and commercial experience alongside a deep knowledge and understanding of the ASOS business. We look forward to working closely with him as the business continues on its journey to sustainable, profitable growth."

There are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in respect of William Barker.

For further information:

 ASOS plc                                          Tel: 020 7756 1000 
 Jose Antonio Ramos Calamonte, Chief Executive 
  Sean Glithero, Interim Chief Financial Officer 
  Michelle Wilson, Senior Director of Strategy 
  and Corporate Development 
  Holly Cassell, Head of Investor Relations 
  Website: www.asosplc.com/investors 
   Headland Consultancy                              Tel: 020 3805 4822 
 Susanna Voyle / Stephen Malthouse / Rob Walker 
   JPMorgan Cazenove                                 Tel: 020 7742 4000 
 Bill Hutchings / Will Vanderspar 
   Numis Securities                                  Tel: 020 7260 1000 
 Alex Ham / Jonathan Wilcox / Tom Jacob 
                                                     Tel: 020 3207 7800 
 Matthew Armitt / Richard Bootle / Marie Moy 

Background note

ASOS is a destination for fashion-loving 20-somethings around the world, with a purpose to give its customers the confidence to be whoever they want to be. Through its app and mobile/desktop web experience, available in nine languages and in over 200 markets, ASOS customers can shop a curated edit of nearly 60,000 products, sourced from nearly 900 global and local third-party brands alongside a mix of fashion-led own-brand labels - ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT. ASOS aims to give all of its customers a truly frictionless experience, with an ever-greater number of different payment methods and hundreds of local deliveries and return options, including Next-Day Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.

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(END) Dow Jones Newswires

September 21, 2023 02:00 ET (06:00 GMT)

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