Intended Appointment of INED

DP Eurasia N.V

02 May 2023

 

For Immediate Release

2 May 2023

DP Eurasia N.V.

("DP Eurasia" or the "Company")

Intended Appointment of Independent Non-Executive Director

DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia, is pleased to announce the intended appointment of Mr Bijou Kurien to the Board as Independent Non-Executive Director. He will be nominated for appointment at the AGM in June 2023 following which, and subject to approval at  the AGM, he will join the Audit Committee.

Bijou has had an extensive career that has spanned four decades and seen him operate and lead multiple consumer and retail sector businesses. He began in 1981 as a Management Trainee in Sales and Marketing at Hindustan Unilever and handled a variety of roles, following which he joined the start-up team at Titan Company in 1987.  He helped to build Titan into a jewellery, watch and lifestyle accessories major in India and select international markets. In 2006 he joined Reliance Retail where, as President & Chief Executive, he was central to the creation of the juggernaut that became and remains India's largest retail business.

Since 2014, he has been a member of the Strategic Investment Advisory Board of L Capital Asia and Premji Invest. In addition, he is an Independent Director on the Boards of LTIMindtree Limited (listed at the National Stock Exchange of India (NSE)), Brigade Enterprises Ltd. (listed at the NSE) and Timex Group Limited (listed at the Bombay Stock Exchange) and is Chairman of the Retailers Association of India. Bijou has been an Independent Director of Future Lifestyle Fashion Limited (listed at the NSE) from 2016 until 2021. Bijou holds a Bachelor's degree in physics, chemistry and maths from St. Joseph's College in Bangalore, India and a post-graduate diploma in business management from Xavier Institute of Management in Jamshedpur, India.

Peter Williams, Chairman of DP Eurasia, commented:

"We are delighted to have attracted an individual of Bijou's talent and quality to the business. He is a seasoned director with over 40 years of experience in the consumer goods and retail industries and brings with him a wealth of expertise in retail, brand building and business development. The Board looks forward to welcoming him at the AGM and to working with him as the business seeks to capitalise on the opportunity to drive sustainable and profitable growth."

DP Eurasia confirms that no disclosures are required pursuant to Listing Rule 9.6.13.

For additional details or further information, please contact Buchanan on [phone] / [e-mail].

Enquiries

DP Eurasia N.V.
İlknur Kocaer, Investor Relations Director	[phone]
Buchanan (Financial Communications)
Richard Oldworth / Toto Berger / Verity Parker	[phone] [e-mail]

Notes to Editors

DP Eurasia N.V. is the exclusive master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan, and Georgia. The Company was admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc on 3 July 2017. The Company (together with its subsidiaries, the "Group") is the largest pizza delivery company in Turkey and the third largest in Russia. The Group offers pizza delivery and takeaway/ eat-in facilities at its 830 stores (655 in Turkey, 159 in Russia, 10 in Azerbaijan and 6 in Georgia as of 31 December 2022) and operates through its owned corporate stores (18%) and franchised stores (82%). In addition to its pizza delivery business, the Group also has its own coffee brand, COFFY, which trades from 29 stores at period-end, 19 of which are franchised. The Group maintains a strategic balance between corporate and franchised stores, establishing networks of corporate stores in its most densely populated areas to provide a development platform upon which to promote best practice and maximise profitability. The Group has adapted the Domino's Pizza globally proven business model to its local markets.

 

END