LucyGroup-ARA2024_spreads web ready_FINAL

BOARD OF DIRECTORS

BUSINESS OVERVIEW STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDER INFORMATION

Jonathan Finch-Dick Executive Director

Richard Dobbs Non-Executive Director

Gary Ashton Group Finance Director

Pippa Latham Non-Executive Director

Richard Dick Executive Chairman

Madeline Laxton Executive Director and Company Secretary

Michael Dick Non-Executive Director

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Michael was appointed to the Board in May 2024. He had a 30-year career in marketing, working on numerous blue-chip brands, including more than a decade working for Coca-Cola in senior management positions, both domestically in the UK and internationally. He is a former fellow of the Chartered Institute of Marketing. He has a degree in Economics from the University of Durham.

Madeline was appointed as Company Secretary in January 2006 and as a Director in September 2014. She oversees a number of Group functions including HR, Marketing & Communications, and Legal. She also has active charity interests in Oxfordshire. Prior to joining the Group, Madeline spent 15 years in senior legal leadership roles at several large international engineering and construction companies. She has degrees from the University of Leeds and King’s College, University of London, and a Diploma in Organisational Leadership from Said Business School.

Richard was appointed as Executive Chairman in 1990, having been appointed as a Director in February 1981. He is also Chairman of W.L. Shareholding Company Ltd. Richard is a past president of, and plays an active role in, BEAMA. He is also a past president of Orgalim, the body that represents Europe’s technology industries at EU level. As High Sheriff of Oxfordshire, he started the High Sheriff Young Engineer Awards in 2009, which is now an annual event. Richard’s active charity interests are in young people, education and homelessness in the Oxford area. He has a degree in Engineering from the University of Cambridge.

Pippa was appointed to the Board in June 2013 and is Chair of the Audit and Remuneration Committees. After a career in merchant banking, she spent 25 years at family AIM listed business James Latham plc, before running her own corporate governance & company secretarial consultancy. Pippa is a Non-Executive Director at Albion Enterprise VCT plc and is a corporate development consultant at Garsington Opera. She has an MA in Economics from Cambridge University, an MBA from INSEAD and is FCMA and ACIS qualified.

Gary joined the Company as Group

Richard was appointed to the Board in July 2020. He had a 30-year career at global management consultancy McKinsey – working in the UK, India and South Korea – most recently holding the positions of Senior Partner and Director of the McKinsey Centre for Government. Richard has a degree in Engineering, Economics and Management from the University of Oxford and an MBA from Stanford.

Jonathan was appointed as a Non-Executive Director in June 2013, subsequently becoming an Executive Director upon joining Lucy Group on a full-time basis in May 2017. His current focus is on overseeing the Lucy Real Estate and the Lucy Controls businesses. Prior CBRE, the international commercial real estate services and investment firm, culminating in the role of Senior Director. Jonathan has a degree in Geography from the University of Oxford and an Executive MBA from Said Business School. to joining the Group, he spent 12 years at

Finance Director in April 1997 and also oversees the Group Information Systems function. He is an experienced finance leader, having previously held senior positions in several large multinational companies in the electrical engineering sector. Gary has played a significant role in the transformation and growth of the Company and brings strong stewardship and an appetite for innovation, collaboration and simplification. He is a Chartered Accountant and holds an MBA.

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Lucy Group Ltd Annual Report & Accounts 2024

LUCYGROUP.COM

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