Saietta Group plc announced the appointment of David Woolley as Chief Executive Officer ("CEO") with effect from 2 October 2023. Tony Gott, who has been acting as interim CEO since April 2023, will continue as Executive Chairman until the end of the financial year when he will revert to his previous role as Non-Executive Chairman. David John Woolley, aged 61, brings a broad base of experience over a 35-year international career in leadership positions. David spent 10 years between 2011 and 2022 as CEO of Concentric AB. Since 2017, he has focused on the transition from the internal combustion engine to EVs, specifically in the development of motors, controllers and software for eTrucks, eBuses and eMachines. Most recently David spent 17 months as CEO of VIE Kapital AB.

David John Woolley holds no current directorships with other companies, butheld the following directorships or partnerships in the past five years: Alfdex AB, Concentric Skånes Fagerhult AB, Concentric Innovations AB, Concentric Pumps Limited, Concentric Birmingham Limited, Concentric VFP Limited, Complete Parts Limited, Concentric Engineering Limited, Concentric (Tipton) Limited, Concentric Overseas Limited, Concentric US Finance 1 Limited, Concentric US Finance 2 Limited, Concentric Argentina Limited, Landon Kingsway Limited, Concentric Germany GmbH, Concentric Hof GmbH, LICOS Trucktec GmbH, Concentric S.R.L., Concentric SARL, Concentric Americas Inc., Concentric Rockford Inc., Concentric USH LLC, Concentric Holdings Inc., Concentric Itasca Inc., Concentric Allied LLC, Concentric EMP, Concentric EMP Stewart, Concentric EMP Greenfield, Concentric EMP Advanced, Concentric Pumps Pune Private Limited, Concentric Pumps Hong Kong Limited, Concentric Pumps (Suzhou) Co Limited.