SFR Severfield Plc

Severfield plc

('the Company' or 'the Group')

Directorate Change

Severfield plc, the market leading structural steel group, announces that Rosie Toogood, a non- executive director of the Company, will be leaving the Board of the Company on 12 February 2024. She has taken up a new senior executive role at Wates Group, who are a major customer of the Group, and it has been agreed that, in those circumstances, in order to avoid a conflict of interest, she will step down.

Kevin Whiteman, Non-Executive Chairman, commented:

"We would like to thank Rosie for her valuable contribution to the Board and to the Group's growth over the last three years."

ENDS

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Notes to editors - Severfield:

Severfield is the UK's market leader in the design, fabrication and construction of structural steel, with a total capacity of c.150,000 tonnes of steel per annum. The Group has seven sites, c.1,800 employees and expertise in large, complex projects across a broad range of sectors. The Group also has an established presence in the expanding Indian market through its joint venture partnership with JSW Steel (India's largest steel producer).