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CFO appointment. Summary by AI [BETA] close X. Iomart Group plc announced the appointment of Matthew Waymark as Chief Financial Officer and Director, effective September 14, 2026. Waymark brings extensive financial leadership experience from roles at NatWest Plc, including Finance Director of the Commercial & Institutional Division, and most recently as CFO of a start-up bank. He is a chartered accountant and has held directorships at NatWest Pension Trustee Limited and Coutts & Company. Waymark does not currently hold any shares in the company. Iomart Group PLC 14 August 2026 Iomart Group plc ("iomart" or the "Group" or the "Company") Iomart Group plc (AIM: IOM), the secure cloud services company, is pleased to announce the appointment of Matthew (Matt) Waymark as Chief Financial Officer and Director of the Board, effective 14 September 2026. Matt's appointment follows a thorough and comprehensive process undertaken by the Nomination Committee. Matt is an accomplished executive finance leader with a proven track record in driving business strategy and transformation in both large listed and small start-up businesses. His experience spans roles at NatWest Plc, including as the Finance Director of the Commercial & Institutional Division as well as previous roles as Director of Investor Relations, Head of Group Financial Planning & Analysis and Director of Finance. Most recently, Matt was the CFO at a start-up bank. Matt trained as a chartered accountant at Deloitte. Commenting on his appointment, Matt Waymark said: "I am delighted to be joining iomart at this important time for the Group. I look forward to working with the Board and the wider team in rebuilding growth momentum and the delivery of its strategic priorities. This is a business with real ambition, and I am looking forward to contributing to its next chapter." Richard Last, Executive Chair of iomart Group plc, commented: "We are pleased to welcome Matt to Iomart as our new Chief Financial Officer. Matt was selected following a thorough and rigorous process, and the Board is confident that his experience and financial leadership will be a significant asset as we continue to execute our strategy and deliver value for shareholders. On behalf of the Board, I look forward to working closely with Matt as he joins the team." Regulatory Disclosures In accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies, Matthew Edward James Waymark (aged 51 years) holds / has held the following directorships / partnerships in the past five years: | Current directorships and / or partnerships | Past directorships and / or partnerships | | NatWest Pension Trustee Limited | Coutts & Company | Matthew Waymark does not currently hold any shares, or any interest over shares, in the Company. There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies. The person responsible for releasing this announcement on behalf of the Company is Richard Last, Executive Chair. For further information: | Iomart Group plc | Tel: 0141 931 6400 | | Richard Last, Executive Chair | / | | Investec Bank PLC (Nominated Adviser and Broker) | Tel: 020 7597 4000 | | Patrick Robb, Virginia Bull | / | | Alma Strategic Communications | Tel: 020 3405 0205 | | Caroline Forde, Hilary Buchanan, Louisa El-Ahwal | / | About iomart Group plc Iomart Group plc (AIM: IOM) is one of the UK's leading providers of secure cloud managed services, simplifying the complexities of modern technology for businesses, with the majority of Group revenue derived from the UK. Our team of 600+ deliver cutting-edge solutions in cloud infrastructure, modern workplace management, and managed security services that enable our customers to innovate, protect, and scale their businesses. We hold one of the UK's most extensive sets of Microsoft credentials, including Azure Expert MSP, Eight Solution Designations, 14 Advanced Specialisations including the new Copilot award and membership in Microsoft's Intelligent Security Association (MISA). As well as being a top-tier Broadcom Pinnacle Partner for VMware Cloud and Elite MSP Partner for Commvault. Which means we can bring the latest technologies in hybrid cloud, data protection, and cyber resiliency to meet the evolving needs of our customers. For further information about the Group, please visit www.iomart.com This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. Companies. UK 100.

Glasgow cloud services firm reports "year of transition" in latest financial results. 23 Jun 2026, 07:56 A Glasgow-based cloud services firm has reported its latest financial results that it said were in line with market expectations and reflect the company's "ongoing transition". Total revenue at Iomart for the year ended 31 March 2026 was £154.9m, up from £143.5m the year prior, which was largely due to full year contributions from Atech. Excluding recent acquisitions, the business experienced a revenue decline of 8 per cent year-on-year primarily driven by customer churn in Iomart private cloud managed services alongside the impact of lower opening run-rate. The group secured gross order bookings of £20.6m of ARR during the year, compared with £20m (excluding Atech contribution) in the prior year. However, this performance was offset by an increase in customer churn, which in total amounted to £21.2m in the year (2025: £19.5m). In the final quarter renewal cycle, churn amounted to £8.4m, largely within lower margin Microsoft Modern Work offerings, where competition has intensified, and the last of the Group's legacy high margin back-up platform customers. The results were consistent with the group's transition away from legacy technologies towards more modern, longer term next-generation platforms and rebuilding growth within higher value cloud and managed service offerings including security and data protection. The reduction in the firm's legacy and private cloud revenues, and the evolution of the mix of revenue has had a negative impact on adjusted EBITDA which decreased to £25.6m, down from £34.3m the year before. Adjusted EBIT stood at £5.2m, down from £12.8m the year before, and adjusted loss before tax was £4m (2025: £6.5m profit). Operational highlights during the year included the successful integration of Extrinsica into Atech, consolidating all Microsoft operations into one practice under a single management structure. Craig MacKay was also appointed group chief operating officer in April 2026, with responsibility for both sales and operations across Iomart Cloud Services and Atech. Richard Last, executive chair commented on the results: "FY26 has been a year of transition and repositioning for Iomart. The Group has taken decisive steps to redefine its operating model, enhance business unit accountability and position the business for sustainable long-term growth. "I am pleased to report that we delivered on our £4m annualised cost savings target, resulting in a structurally leaner and more focused organisation. "The financial results reflect the ongoing transition away from legacy technologies, with churn, particularly elevated in the final quarter, weighing on near-term performance. "However, we have maintained strong cash generation, refreshed our banking facilities, and entered FY27 with a clearer strategic framework and more defined business unit structure to drive better performance and focus on distinct growth areas. "Our focus for FY27 is clear, to rebuild growth momentum in higher-value cloud, security and data protection services, continue our cost optimisation programme, and leverage our strong VMware and Microsoft credentials as both markets undergo significant transition."

Glasgow's Iomart sinks further ahead of CFO departure. 11th February Iomart has 12 wholly-owned UK data centres (Image: Erik Isakson/Getty) Cloud computing provider Iomart has announced the imminent departure of its finance boss and warned of lower earnings following a couple of months of weakening trade. Chief financial officer Scott Cunningham is leaving Glasgow-based Iomart to take a new job with a private company outside the IT sector. He is expected to leave in June and until then will continue working closely with executive chairman Richard Last to complete the reporting cycle for the fiscal year that closes on March 31.