Notice to Shareholder of I&M Group Plc on the Appointment of a Director

The Board of I&M Group PLC (formerly I&M Holdings PLC) ("the Company') is pleased to announce the appointment of Mr. Christopher Kihara Maina as an Executive Director of the Company with effect from 25th April 2023. This follows the resignation of Mr. Allan Christopher Michael Low upon successful completion of his engagement. On behalf of the Board, we wish to thank Mr. Low for his service on the Group Board.

Prior to his appointment as the Group's Regional CEO with effect from 1st March 2023, Mr. Main was the Chief Executive Officer of I&M Bank in Kenya having held this position since May 2016. He is a seasoned banker with experience spanning close to 30 years in banking mostly in senior executive leadership roles. Prior to joining I&M Bank, he was the Managing Director of the then Barclays Bank Tanzania (now Absa Bank Tanzania). In his role as Regional CEO, Mr. Maina will drive the Group's regional strategy to enhance the Group's performance, brand value and visibility across the region where the Group has a presence. Mr. Maina holds a Bachelor of Science degree in Mathematics from Moi University and an Executive Master of Business Administration in Finance from Chicago Booth School of Business.