Kingspan Group Plc

Regulatory Filings • Sep 4, 2024

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author: Lorcan Dowd
date: 2024-09-04 09:32:00+00:00

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KINGSPAN WELCOMES REPORT PUBLICATION

Kingspan Group plc ("Kingspan") today welcomes the publication of the Grenfell Tower Inquiry Phase 2 Report which is crucial to a public understanding of what went wrong and why.

The report explains clearly and unambiguously that the type of insulation (whether combustible or non-combustible) was immaterial, and that the principal reason for the fire spread was the PE ACM cladding, which was not made by Kingspan.

Kingspan has long acknowledged the wholly unacceptable historical failings that occurred in part of our UK insulation business. These were in no way reflective of how we conduct ourselves as a Group, then or now. While deeply regrettable, they were not found to be causative of the tragedy.

Kingspan has already emphatically addressed these issues, including the implementation of extensive and externally-verified measures to ensure our conduct and compliance standards are world leading.

We remain committed to playing a leading role in providing safe and sustainable building solutions, including continuing to work with government and industry partners.

For further information contact:

| Kingspan
Lorcan Dowd, Group Company Secretary
  | +353 42 9698000 |
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| Murray Consultants
Pat Walsh | +353 1 4980300
  |