Board Committee changes

Entain PLC

02 May 2023

 

2 May 2023

Entain plc

("Entain" or "Group")

Board Committee changes

Entain plc (LSE: ENT), the global sports betting, gaming and interactive entertainment group, announces the formation of two important new committees to further increase the Board effectiveness, engagement with our people and sustainability:

People & Governance Committee

·    The People & Governance committee will:

o  Review workforce policies and practices and monitor their consistency with the Company's purpose, strategy and values.

o  Lead the process for appointments to the Board and satisfy itself that plans are in place for an effective succession to the Board and leadership team, with due regard for the benefits of diversity - including gender, social and ethnic backgrounds and cognitive strengths.

o  Ensure that appropriate procedures are in place for the training and evaluation of Directors.

o  Review developments in law, regulation and business practice relating to corporate governance

·    Stella David will Chair the new People & Governance Committee.

·    Other members of the People & Governance Committee will include the Chairman Barry Gibson and the Designated Workforce Director Virginia McDowell.

·    The responsibilities of the Nomination Committee will be incorporated into this Committee, with the Nomination Committee being disbanded.

Sustainability & Compliance Committee

·    Renamed from the Environmental, Social and Governance Committee

·    The Sustainability & Compliance committee will:

o  Provide oversight of the Company's Sustainability and Compliance programme.

o  Oversee the effective management of the Company's ongoing relationship and engagement with a wide spectrum of stakeholders.

o  Monitor progress against internal key performance indicators and external Sustainability and Compliance index results

·    Stella David is stepping down as member of the Sustainability & Compliance Committee with immediate effect.

Barry Gibson - Chairman of Entain stated:

"The outstanding quality of Entain's people around the world is a key part of our success, and these changes will bring the Board even closer to the extraordinary talent and diversity that we are fortunate to have across our business. They are also yet another example of our relentless focus on sustainability, and of our commitment to being a best-in-class, responsible operator with leading levels of corporate governance running through all aspects of our business."

As a result of these changes, membership of the following Committees is as follows:

People & Governance Committee

Stella David (Chair)

Barry Gibson

Virginia McDowell

Sustainability & Compliance Committee

Virginia McDowell (Chair)

David Satz

Rahul Welde

A full list of Board Committees and their composition is appended to this announcement.

This announcement is being made in accordance with paragraph 9.6.11R of the UK Listing Rules.

Enquiries:

Company Secretary Investor Relations - Entain plc David Lloyd-Seed, Chief IR & Communications Officer Davina Hobbs, Head of Investor Relations Aimee Remey, VP US Investor Relations Callum Sims, IR Manager	[e-mail] [e-mail] [e-mail] [e-mail] [e-mail] [e-mail]
Media - Entain plc Lisa Attenborough, Head of Corporate Communications Jay Dossetter, Head of Corporate PR Jodie Hitch, PR Manager	[e-mail] [e-mail] [e-mail] [e-mail]
Powerscourt Rob Greening/Nick Hayns/Sam Austrums	Tel: [phone] [e-mail]

Notes for Editors

Following this change (which is effective immediately), membership of the Board Committees is:

Audit Committee	People & Governance Committee	Sustainability & Compliance Committee	Remuneration Committee
Pierre Bouchut (Chair)	Stella David (Chair)	Virginia McDowell (Chair)	Stella David (Chair)
David Satz	Barry Gibson	David Satz	Virginia McDowell
Rahul Welde	Virginia McDowell	Rahul Welde	Rahul Welde

LEI: 213800GNI3K45LQR8L28

About Entain plc

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction and SuperSport; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US. Entain provides the technology and capabilities which power BetMGM as well as exclusive games and products, specially developed at its in-house gaming studios. The Group is tax resident in the UK and is the only global operator to exclusively operate in domestically regulated or regulating markets operating in over 40 territories.

Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group has set a science-based target, committing to be carbon net zero by 2035 and through the Entain Foundation supports a variety of initiatives, focusing on safer gambling, grassroots sport, diversity in technology and community projects. For more information see the Group's website: www.entaingroup.com

 

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