McLaren Group Limited has announced that its shareholders have unanimously approved a comprehensive recapitalization of the Group. This initiative, featuring a simplified share structure and streamlined governance processes, marks a crucial advancement in the Group's ongoing commitment to crafting world-leading supercars. The goal is to provide a unique and unparalleled luxury customer experience while expanding into new markets and customer demographics.

Paul Walsh, McLaren Group Executive Chairman, commented, "Completing the recapitalization is a significant step in the ongoing transformation of the Group and provides a solid platform from which to grow our product offering and brand presence."

Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Bahrain Mumtalakat Holding Company, the majority shareholder of the Group, affirmed, "Today's announcement is testament to the diligent steps that have been taken in what is a comprehensive and long-term plan with our partners to deliver an optimal governance structure as the Group continues to design and deliver the world’s most innovative and exhilarating supercars.