DS Smith Plc announced that Miles Roberts has informed the Company of his intention, following 13 years with the Company, to retire from his role as CEO. It is intended that Miles' formal notice period will start on 1 December 2024, which means that he would retire from the Board and step down as CEO no later than 30 November 2025. This will give the Company an appropriate amount of time to identify and appoint his successor.

A thorough recruitment process will be conducted and Miles will remain as a director of the Company and CEO throughout and will continue to focus on delivering strong performance from the Group and on supporting an orderly transition to his successor. Further announcements regarding Miles' leaving date and the appointment of his successor will be made in due course.