S&U plc announced with some sadness the retirement on 2 October 2023 of Demetrios Markou MBE FCA from the S&U Board. Demetrios has made an enormous contribution to the Group over the past 25 years with his sage advice and careful chairmanship of Audit Committee. Demetrios's place as Chairman of the Audit Committee has been filled by Graham Pedersen and Graham's place as Chairman of the Nomination Committee has been filled by Jeremy Maxwell.

These disclosures together with a further update of business progress were also made in interim results announcement dated 3 October 2023.