Palace Capital plc- Appointment of Matthew Simpson as CFO

12 November 2021

Palace Capital PLC

(“Palace Capital” or the “Company”)

Appointment of Matthew Simpson as Chief Financial Officer

Palace Capital (LSE: PCA) the Main Market listed property investment company that has a portfolio of UK commercial real estate in carefully selected locations outside of London with a focus on the office and industrial sectors, is pleased to announce the appointment of Matthew Simpson as Chief Financial Officer of the Company with effect from 11th November 2021.

Matthew is a chartered certified accountant, with 15 years of experience and has been with the Company since 2016. Previously holding the position of Head of Finance and Operations, Matthew was appointed as Finance Director Designate on 13 August 2021.

Prior to joining the Company, Matthew held various finance roles, including at CIT Group Partners LLP and PricewaterhouseCoopers.

Commenting on the appointment, Neil Sinclair, CEO of Palace Capital Plc, said: “Matthew's appointment recognises the significant contribution he has made to the business over the past five years and we're very pleased to have him join the Palace Capital Board at an important juncture in the Company's growth.”

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