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RNS Number : 4632N

Ocean Outdoor Limited

30 September 2021

30 September 2021

Ocean Outdoor Limited ("Ocean" or the "Company")

Directorate Change

Ocean Outdoor Limited (LSE: OOUT), a leading operator of premium Digital Out-of-Home advertising in the United Kingdom, the Netherlands, the Nordics and Germany announces that Thomas Ebeling has resigned from the Board of the Company as an independent non-executive Director with effect from 30 September 2021 due to other Board commitments.

Ocean's Chairman, Mr Aryeh Bourkoff said: " On behalf of the Board, I want to thank Thomas for his guidance and support over the past three years. His contributions have helped position Ocean to capture the many growth opportunities ahead as the Company continues to create innovative and impactful advertising experiences that are shaping the future of digital out-of-home. We are grateful for his partnership and wish him the very best in his next chapter ."

For further information please contact:

Ocean Outdoor Limited

Tim Bleakley, CEO 020 7292 6161

Susann Jerry, Head of Corporate Communications

Yellow Jersey PR

   Charles Goodwin, Annabel Atkins                                               07747 788 221

oceanoutdoor@yellowjerseypr.com

About Ocean Outdoor

Ocean Outdoor is a leading operator of digital out-of-home (DOOH) advertising across the UK, Northern and Continental Europe. The Group's network of 4,000+ screens covers several countries and 351 cities with its technological capabilities delivering the most impactful and measurable DOOH brand and advertising experiences.

Ocean's portfolio comprises of some of the most iconic locations, such as the Picadilly Lights and the BFI IMAX, whilst it also works closely with high-profile landlords, including Landsec, Unibail-Rodamco-Westfield (URWC), the BFI, Nuveen and the Canary Wharf Group, as well as major city councils on the development of its network.

To date the Group's growth has been driven by tender wins and the rollout of new locations, as well as acquisitions that complement the existing portfolio. Since 2018, Ocean has completed seven acquisitions, which have enabled it to expand its UK footprint and move into the Netherlands, the Nordics and Germany.

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