ASX Limited announced the appointment of Wayne Byres as non-executive director to the company Board on May 6, 2024. Mr. Byres brings over 30 years' experience in financial services regulation, risk management, governance and public policy in both domestic and international roles. He has held high-profile supervisory roles including as the former Chair of the Australian Prudential Regulation Authority (APRA) and as the Secretary General of the Basel Committee on Banking Supervision.

In his role as APRA Chair Mr. Byres served on the Reserve Bank of Australia's Payments System Board and was a member of the Australian Council of Financial Regulators. The appointment of Mr. Byres continues the program of board renewal under Mr. Roche, who, since taking the role of Chair in April 2021, has overseen the appointment of five new non-executive directors. The company also confirms that non-executive director Yasmin Allen AM has announced her intention to retire from the Board and she will step down at the conclusion of the September Board meeting.

Ms. Allen was first appointed to the company?s Board in February 2015. Mr. Byres is a highly credentialed financial services leader who has held several key prudential supervisory roles in Australia and overseas. He is presently an expert advisor to the International Monetary Fund and was previously Chair of the Australian Prudential Regulation Authority for eight years to 2022.

In his role as APRA Chair Mr. Byres served on the Reserve Bank of Australia's Payments System Board and was a member of the Australian Council of Financial Regulators. Prior to his role as APRA Chair Mr. Byres served as Secretary General to the Basel Committee on Banking Supervision where he was responsible for facilitating the successful completion of international negotiations on several post-Global Financial Crisis reforms to banking regulation. His earlier career included several senior leadership roles at APRA, as well as roles at the Reserve Bank of Australia and the Bank of England.

In February 2024, Mr. Byres was appointed as a non-executive director of Macquarie Bank Limited and is one of three bank-only, non-executive directors within the Macquarie Group. He is a senior fellow of the Financial Services Institute of Australasia and a graduate of the Australian Institute of Company Directors.