12/05/2023 12:15:00 PM

Pine Bidco Ltd

Directorate Change

Provider: Carey Olsen Corporate Finance Ltd

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PINE BIDCO LIMITED

(the "Issuer")

DIRECTORATE CHANGE

The Issuer wishes to announce the resignation of Sarah Hughes from the board of directors with effect from 20 April 2023.

All enquiries in relation to this announcement should be addressed to:

CAREY OLSEN CORPORATE FINANCE LIMITED

Listing Agent

Tel: +44 (0)1534 888 900