Frontier IP Group plc announced the appointment of Professor Dame Julia King, Baroness Brown of Cambridge, DBE FREng FRS FMedSci, currently an independent Non-Executive Director, as Senior Independent Director with effect from 15 March 2023. Nigel Grierson has 20 years' operating experience in the IT industry with positions in product development, marketing, and senior management, and, as Managing Director of venture capital funds managing investments of over $500 million in 70 technology start-up companies across Europe. Nigel's early career was in product development; designing semiconductors for the telecom industry, process control systems for the automotive industry, and navigation/telemetry systems for the offshore oil exploration industry.

Nigel was a co-Managing Director of the Doughty Hanson Technology Fund, established in 2000, which was part of Doughty Hanson Private Equity Partners. Between 1984 and 2000, he held senior roles at Intel Corporation between becoming Co-Director EMEA for Intel Capital Group, developing and leading a team to establish Intel as a leading corporate technology investor. Nigel ran strategic programmes working directly for Intel's then Chief Executive Officer Dr. Andrew Grove and Chief Operating Officer Dr. Craig Barrett.

Nigel is FCA qualified to run controlled functions and is an alumnus of the INSEAD Fontainbleau Advanced Management Program. David and Nigel will both join the Company's audit and remuneration committees on appointment and David will become Chair of the audit committee. Dame Julia King, Baroness Brown of Cambridge, joined the Frontier IP Board of Directors in October 2021 as an independent Non-Executive Director and will, with effect from now following the appointments of Nigel and David, assume the role of Senior Independent Director on the board.

The Company also announces that Dr. Campbell Wilson, currently a Non-Executive Director, has notified the Group that, having served on the Board for nearly nine years, he has decided to step down from his non-executive role at Frontier IP. Campbell will be stepping down from the board of Frontier IP in April 2023, but will continue to support the Group in an advisory capacity with selected portfolio companies.