Boparan Holdings Limited strengthend Board with key financial appointment

• EX-M&S SENIOR EXECUTIVE JOINS 2 SISTERS FOOD GROUP AS CHIEF FINANCIAL OFFICER
• PAUL FRISTON TAKES OVER FINANCIAL BRIEF AFTER A DISTINGUISHED 28 YEARS WITH RETAILER

Boparan Holdings Limited (BHL), the parent company of 2 Sisters Food Group, is pleased to announce the following appointment to its Board:

Paul Friston is to be appointed as its new Group Chief Financial Officer (CFO).

Paul will join the 2 Sisters Food Group business in early February and become a member of the BHL Board.

He has a distinguished 28-year track record in financial and corporate leadership roles at Marks and Spencer. Chartered accountant Paul has a broad and extensive background at the retailer, during his time taking on senior Finance, Strategy, Commercial & Transformation roles, as well as holding the post of Managing Director of M&S' International business for six years.

Paul takes over from Nigel Williams who has decided to return to return to Australia for family reasons.

Ranjit Singh, President of BHL, said: “I am delighted to welcome Paul to 2 Sisters. He joins at an extremely important time for the business and I look forward to working closely with him as we execute our ambitious sustainability and investment plans in the coming years which will shape our business for the next generation."

Paul Friston added: “2 Sisters is a dynamic business, I know it well and very much respect it as a food manufacturing leader in the UK, so I am extremely happy to be joining the team.

“There are clearly many challenges for the food sector in such a competitive and cost-conscious environment, but the potential of a business as ambitious and significant as 2 Sisters is a truly exciting prospect. I look forward to playing my part in taking the company forward.”