Board Committees Update

RNS Number : 2466X

Wizz Air Holdings PLC

25 August 2022

 

Appointment of Deputy Chair and Board Committee Changes

Ticker:  WIZZ

Geneva, 25 August, 2022: Wizz Air Holdings Plc ("Wizz Air"), the fastest-growing and one of the most sustainable European airlines , announces that it has appointed Stephen Johnson, Non-Executive Director, as Deputy Chair.

Wizz Air also announces that it has made a number of changes to its Board Committees, details of which are outlined below.

Appointment of Deputy Chair

The Board has decided to create the new role of Deputy Chair. The Deputy Chair will deputise for the Chairman if the Chairman is not present at the Board. Stephen Johnson has been appointed to the role due to his industry experience, as well as his long association with the Company.

Creation of Safety, Security and Operational Compliance Committee and Changes to Board Committee Membership

In order to ensure proper Board oversight over the Company's key areas of focus, the Board has established a Safety, Security and Operational Compliance Committee, chaired by Charlotte Pedersen, to assist the Board with oversight of the Group's policies, practices, objectives and performance in relation to safety, security and operational compliance management.

In connection with the creation of the Safety, Security and Operational Compliance Committee, the Board has made a number of changes to the membership of its committees.

· Charlotte Pedersen has stepped down from the Sustainability and Culture Committee as a result of becoming Chair of the Safety, Security and Operational Compliance Committee:

· Charlotte Andsager has stepped down from the Remuneration Committee and has become Chair of the Sustainability and Culture Committee; and

· both Andrew Broderick and Barry Eccleston have been appointed to the Safety, Security and Operational Compliance Committee.

Following these changes, the Wizz Air Board Committees will comprise:

Nomination & Governance	Audit & Risk Committee	Remuneration Committee	Sustainability & Culture Committee	Safety, Security & Operational Compliance Committee
William Franke (Chair)	Enrique Dupuy de Lome Chavarri (Chair)	Barry Eccleston (Chair)	Charlotte Andsager (Chair)	Charlotte Pedersen (Chair)
Barry Eccleston	Charlotte Pedersen	Anna Gatti	Anthony Radev	Andrew Broderick
Charlotte Andsager	Anna Gatti	Anthony Radev	Andrew Broderick	Barry Eccleston

The appointment of Stephen Johnson as Deputy Chair and the changes to the committees of the Board set out above all took effect on 26 July 2022.

Mr. William Franke, Chairman of Wizz Air, commented : "As Wizz Air continues to grow, establishes new AOCs and adds more bases and aircraft in Europe and beyond, the addition of the new Safety, Security and Operational Compliance Committee will reinforce the Group's strong safety culture and enhance oversight of the Group's expansion plans. In addition, with the creation of the role of Deputy Chair, the Company will benefit greatly from the strong aviation experience of Stephen Johnson and his understanding of Wizz Air."

ABOUT WIZZ AIR

Wizz Air, the fastest growing European ultra-low-cost airline and one of the most sustainable, operates a fleet of 164 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 27.1 million passengers in the Financial Year F22 ending 31 March 2022. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named one of the world's top ten safest airlines by airlineratings.com, the world's only safety and product rating agency, and 2020 Airline of the Year by ATW, the most coveted honour an airline or individual can receive, recognising individuals and organisations that have distinguished themselves through outstanding performance, innovation, and superior service, and was also rated the most sustainable airline in Europe by Sustainalytics in January 2022.

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For more information:
Investors:	Zlatko Custovic, Wizz Air	[phone]
Media:	Zsuzsa Trubek, Wizz Air Edward Bridges / Jonathan Neilan, FTI Consulting LLP:	[phone] [phone]

 

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