CLS Holdings PLC

Board/Management Information • Apr 24, 2014

Release date: 23 April 2014 Embargoed until: 07:00

CLS Holdings plc ("CLS", the "Company")

Directorate Change

CLS Holdings plc is pleased to announce the appointment of Lennart Sten as an independent Non-Executive Director with effect from 1 August 2014.

Mr Sten, 55, has 15 years' experience in the international property industry having held senior positions at GE Capital and GE Real Estate Nordic, most recently Chief Executive Officer of GE Capital Real Estate Europe, from which he stepped down in March. Prior to his time at GE Capital, he was a partner at Baker & McKenzie LLP, Stockholm, and an Assistant Judge in the District Court of Solna. He is a non-executive director of Victoria Park AB, a company listed on the NASDAQ OMX Stock Exchange, Stockholm, and of a number of private companies, including Inter IKEA Holding SA. Mr Sten does not have any beneficial interest in CLS's ordinary shares.

Sten Mortstedt, Executive Chairman of CLS, comments:

For further information, please contact:

"I am delighted that Lennart has agreed to join the Board. He has a wealth of international property, law and business experience and will enhance the Board's expertise in areas which are fundamental to the Group."

-ends-

CLS Holdings plc +44 (0)20 7582 7766 www.clsholdings.com Sten Mortstedt, Executive Chairman Henry Klotz, Executive Vice Chairman and Acting CEO John Whiteley, Chief Financial Officer Liberum Capital Limited +44 (0)20 3100 2222 Tom Fyson Charles Stanley Securities +44 (0)20 7149 6000 Mark Taylor Kinmont Limited +44 (0)20 7087 9100 Jonathan Gray Smithfield Consultants (Financial PR) +44 (0)20 7903 0669 Alex Simmons