Petra Diamonds Limited announced the prospective appointment of Mr. Matthew Glowasky to the Board as a Non-Executive Director nominee appointed by Monarch Master Funding 2 (Luxembourg) S.à r.l., a holder of Notes that is participating in the Debt for Equity Conversion ("Monarch"). Mr. Glowasky will also be a member of the 'Investment Committee' of the Board, which shall be established with effect from the Restructuring Effective Date to monitor significant capital and other investments. Mr. Glowasky's prospective appointment to the Board is subject to the successful implementation of the Consensual Restructuring and a further announcement confirming the date on which he will formally assume office will be made in due course. Mr. Glowasky has over five years of directorial experience in UK companies in the health and social care sector and was a director of Latécoère S.A. between 2015 and 2019. Mr. Glowasky is a director of Aspenframe Limited; Salco Homes Limited; and World Trade Properties Limited. Mr. Glowasky is also a director of Eagle View Care Home Limited; Executive Health Care Limited; Express Care (Guest Services) Limited; Express Care Limited; Hillcrest Care Homes Limited; Primrose Care Home Limited; Sovereign Guest Services Limited; System Cycle Limited; and Windmill Hills Care Home Limited. Mr. Glowasky is a director of Crossco (1332) Limited.