04 March 2020

Appointment of External Auditor

Oxford Instruments plc, a leading provider of high technology products and services to industrial companies and scientific research communities, today announces it intends to appoint BDO as its auditor with effect from the financial year commencing 1 April 2020.

This follows a comprehensive and thorough competitive audit tender process overseen by the Audit Committee, which concluded with a recommendation to appoint BDO that was approved by the Board.

The current auditor KPMG will conclude their role, undertaking the audit of Oxford Instruments for the year ending 31 March 2020. The appointment of BDO will be recommended to Oxford Instruments’ shareholders for approval at the 2020 Annual General Meeting.