KRM22 plc,announced the appointment of Steve Sparke as a Non-Executive Director of the Company. Mr. Sparke will replace Matt Reed, Independent Non-Executive Director, who notified the Board of his intention to step down from the Board with immediate effect after being with the Company since its IPO in early 2018. Mr. Reed is stepping down to focus on other business commitments. Steve was recently COO of Marex Spectron where he was responsible for the firm's operating environment including operations, risk, compliance and HR. With the resignation of Matt and the appointment of Steve, the Board remains comprised of four Independent Non-Executive Directors and the two Executive Directors. In addition to his role as a Non-Executive Director, Steve will replace Matt as Audit Committee Chairman. With the resignation of Matt and the appointment of Steve, the Board remains comprised of four Independent Non-Executive Directors and the two Executive Directors. In addition to his role as a Non-Executive Director, Steve will replace Matt as Audit Committee Chairman.