Alteration Earth PLC announced the following changes to its board of directors. Following the recent successful IPO of ALTE, Rupert Horner expressed his desire to resign as a director of the Company when a suitable replacement could be appointed. The Company completed an extensive review of candidates and announced the appointment of Martin Samworth as a non-executive director with immediate effect.

Rupert Horner has resigned as a director with immediate effect. Concurrent with his resignation, Rupert Horner has agreed to sacrifice his entitlement to the 450,000 warrants that were awarded to him in conjunction with the Company's IPO and such warrants have been terminated with immediate effect. Martin Samworth has a wealth of experience in mergers and acquisitions.

He has developed key contacts and relationships over his career, particularly during his time at the CBRE Group, where Martin held numerous roles and directorships and was also the chair of the advisory services group overseeing Asia Pacific, Europe, the Middle East and Africa.