ExoTechnologies Appoints David Henriques as Chairman to Accelerate Growth and Innovation

ExoTechnologies, a leading technology company at the forefront of resource-efficient hydrodynamics, pioneering circular composite materials, advanced autonomous technologies, and eco-friendly propulsion systems, is proud to announce the appointment of David Henriques as its new Executive Chairman.

With a distinguished track record in driving growth and providing strategic leadership, David Henriques brings a wealth of experience and industry expertise to ExoTechnologies, which is the owner of SMI member Glasgow boatbuilder, Ultimate Boats. As Executive Chairman, David Henriques will collaborate closely with Shane Mugan, the Chief Executive Officer, and the executive team to guide the company through its next phase of expansion and innovation.

Shane Mugan, Chief Executive Officer of ExoTechnologies, commented on the appointment, stating, "David Henriques is an outstanding leader with an in-depth understanding of our industry and a proven ability to foster growth. We are delighted to welcome David Henriques to our team, and we are confident that his strategic vision and industry connections will play a pivotal role in driving ExoTechnologies to new heights."

David Henriques brings an impressive portfolio of achievements to his new role. With a distinguished career spanning four decades, he has held several prominent positions in investment management, insurance, technology, and the maritime sectors. David Henriques has a track record of successfully leading organizations through periods of transformation and expansion.

In his capacity as Executive Chairman, David Henriques will assume responsibility for providing strategic direction, overseeing board governance, and nurturing a culture of innovation and excellence. He will closely collaborate with the executive team to execute the company's growth strategy, reinforce stakeholder relationships, and expand the market.

"I am privileged to join ExoTechnologies as Executive Chairman and contribute to its exciting journey of growth and innovation," expressed David Henriques. "I firmly believe that the company's commitment to resource efficiency and sustainability aligns seamlessly with the evolving needs of the industry. I am enthusiastic about collaborating with the talented team at ExoTechnologies to drive its success."

David Henriques commences his role as Chairman with immediate effect and will be headquartered at ExoTechnologies' Headquarters.