APQ Global Ltd

15 June 2021

APQ Global Limited

("APQ Global" or the "Company")

Board Changes

APQ Global Limited, an emerging markets growth company based in Guernsey, provides a notification of changes to the board of directors of the Company (the “Board”).

Wesley Davis is stepping down from the Board as Finance Director and will be replaced by Philip Soulsby, currently a Non-Executive Director and Chairman of the Audit Committee of the Company.

In addition, the Company is pleased to announce the appointment of Al Wadhah Al Adawi to the Board as Non-Executive Director, with immediate effect. He will replace Philip Soulsby as Chairman of the Audit Committee.

Mr Al Adawi has over 20 years’ experience within asset management and equity trading. In 2017, he joined Hydrocarbon Finder, the oil and gas exploration and development company in Oman, as Vice Chairman.

Between 2012 and 2017, he was a Portfolio Manager with Harvard Management Company, Boston, in which he managed a $300 million Long/Short Emerging Market Portfolio. Prior to this, Wadhah spent 4 years in London with GLG Partners, where he was responsible for investing and managing Emerging Market equity exposure in both Long/Short and Long Only strategies. He also has experience in asset management with Morgan Stanley, EMSO Partners and HSBC. Mr Al Adawi is a CFA Charter holder.

Bart Turtelboom, CEO of APQ Global, commented:

“I would like to thank Wesley for his service to the Company, having served as Finance Director on our Board since January 2019 and was a key member of our management team through the challenges of the pandemic. Philip Soulsby will take on the role as the new Finance Director, having moved from his role as a Non-Executive Director on the Board and we are looking forward to working with him in this new role.

“On behalf of the Board, I would like to welcome Wadhah as a Non-Executive Director. Wadhah brings a wealth of experience in emerging markets asset management and I believe he will make a valuable contribution to APQ”.

 Additional Information in respect of the AIM Rules

 In accordance with Schedule 2 (g) of the AIM Rules, Al Wadhah Sulaiman Mohamed Al Adawi (aged 41) currently holds the following directorships:

S&T Group Hydrocarbon Finder E and P LLC Oman International Development and Investment Company SAOG (Ominvest) Eastbridge Partners PTE Jabreen Capital

Wadhah Al Adawi has held no previous directorships in the past five years:

Wadhah Al Adawi does not currently hold any ordinary shares in the Company.

Save as set out above there are no further disclosures pursuant to Rule 17 or Schedule 2 (g) of the AIM Rules for Companies in respect of the appointment of Wadhah Al Adawi.

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