Teneo Acquires Quay Advisers

Significant expansion of the firm's operations in Australia

NEW YORK and SYDNEY,March 13,2019 -- Teneo,the global CEO advisory firm,today announced that it has acquired Quay Advisers,a leading strategic communications and investor relations advisory company based in Sydney,Australia.

Quay Advisers was founded in 2016 by John Hurst and Murray Williams and has provided counsel to ASX listed companies and private entities,specializing in the financial services,property,retail,agricultural,leisure,oil,gas and energy sectors.

Mr. Hurst,who will join Teneo as a Senior Managing Director,was previously the Managing Director at Cannings Corporate Communications. He has more than 20 years' experience in business,finance and political reporting and commentary with The Australian Financial Review,including five years as Managing Editor.

Mr. Williams will join Teneo as a Senior Managing Director. He has over 30 years' experience consulting to ASX Top 200 listed companies across a wide range of disciplines including corporate communications,proxy solicitation and shareholder opinion research.

The acquisition of Quay Advisers follows the opening of Teneo's office in Sydney last year along with the appointment in September 2018 of Emily Blyth as Managing Director. Ms. Blyth has almost 20 years' experience in corporate affairs working with Australian and international companies across a range of sectors.

"We are delighted to welcome Quay Advisers to Teneo," said Declan Kelly,Chairman and CEO of Teneo. "They have a tremendous track record of delivering value for their clients and will play an important role in helping further expand our presence in this important market."

Mr. Hurst said: "This represents a very exciting moment for our company. We were attracted by Teneo's global approach to strategic communications and its ability to offer clients access to a global network of more than 750 advisers across strategy and communications,management consulting,and capital and risk advisory."

Teneo has now completed 10 acquisitions since the firm was founded in 2011.

ABOUT TENEO:

Teneo is the global CEO advisory firm. Working exclusively with the CEOs and senior executives of the world's leading companies,Teneo provides strategic counsel across their full range of key objectives and issues. Our clients include a significant number of the Fortune 100 and FTSE 100,as well as other global corporations. Integrating the disciplines of strategic communications,investor relations,digital advisory,diversity & inclusion,physical & cyber risk advisory,financial advisory,corporate governance advisory,political & policy risk advisory,and talent advisory,Teneo solves for the most complex business challenges and opportunities. The Firm has more than 750 employees located in 18 offices around the world. For more information on Teneo,please see www.teneo.com.