The Board of Chapel Down announced the appointment of James Pennefather as director. Chapel Down additionally announces that the Board has accepted the resignation of Rob Smith as Director. Rob has made a significant positive impact on Chapel Down since joining in September 2022, playing a major role in refocusing the Company on being the leading and most celebrated winemaker in the UK.

He has been instrumental in many strategic achievements including creating a single, cloud-enabled technology and data platform for the business covering Sales, CRM and ERP and the Company's successful admission to AIM in December 2023. In addition, he has supported Andrew Carter, CEO, in creating a strong business culture and a high-performance finance team with a focus on controls and providing data driven insight to the Company. Rob will continue as a Director and lead Finance until the publication of the full year results around April 2025.

The recruitment for his successor will commence shortly, led by the Chair and new CEO James Pennefather. Finally, following three years of service as a Non-Executive Director of Chapel Down, Stewart Gilliland has resigned his position on the Board.