Appointment of Interim CFO

Summary by AI ^BETAClose X

Drax Group plc announced that its Chief Financial Officer, Frank Lemmink, is taking a six-month leave of absence due to health reasons, effective immediately. Daniel Peacock, the Deputy Chief Financial Officer, has been appointed interim Chief Financial Officer and will report to CEO Will Gardiner. Peacock, a Chartered Accountant, joined Drax in 2019 and previously served as Director of Business Finance and FP&A. The company expressed well wishes for Lemmink's recovery and confidence in Peacock's interim leadership.

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Drax Group PLC

05 March 2026

5 March 2026

Drax Group plc

("Drax"; "The Group"; Symbol: DRX)

Interim CFO

Drax Group announces today that its Chief Financial Officer, Frank Lemmink, is taking a six-month leave of absence to support his recovery from a recent health issue, effective immediately. The Company's Board of Directors is pleased to appoint Deputy Chief Financial Officer, Daniel Peacock, as interim Chief Financial Officer for the duration of Frank's leave. In this role, Daniel will report to Will Gardiner, Chief Executive Officer. The composition of the Company's Board of Directors remains unchanged.

Daniel is a Chartered Accountant and, prior to becoming Deputy Chief Financial Officer, was Director of Business Finance and FP&A since joining the Group in 2019.

Will Gardiner, CEO of Drax Group said, "On behalf of the Board and the entire Drax team, we wish Frank a speedy and full recovery. I have worked with Daniel for many years. He is an experienced leader and is well placed to support us in the interim as we continue to deliver our plans for the business."

Enquiries:

Drax Investor Relations:

Mark Strafford

mark.strafford@drax.com

+44 (0) 7730 763 949

Chris Simpson

Chris.Simpson@drax.com

+44 (0) 7923 257 815

Media:

Drax External Communications:

Chris Mostyn

Chris.Mostyn@drax.com

+44 (0) 7743 963 483

Website: www.drax.com

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