Atlas Arteria Limited (ALX) announced that its new management team, led by ALX's CEO-elect Graeme Bevans, will assume full management of the company on 1 April 2019. Under the agreed transition arrangements, the ALX Boards have formally notified Macquarie Fund Advisers (Macquarie) that the ALX Management Agreements will end on 31 March 2019. From the date of internalization, reporting to Chief Executive Officer Graeme Bevans will be Chief Financial Officer Nadine Lennie, Chief Operating Officer Vincent Portal-Barrault and General Counsel Clayton McCormack.

Clayton will also be appointed as the Company Secretary of Atlas Arteria Limited, effective 1 April 2019. Graeme Bevans will also be appointed to the Board of the company effective 1 April 2019. James Hooke will step down as Chief Executive Officer of the company, Bodie ter Kuile will step down as Chief Financial Officer of the company, and both Christine Williams and Lyndal Coates will retire from their role as Company Secretary of the company effective 1 April 2019.

The new management will continue the focus on generating long term value for ALX securityholders through investment in quality infrastructure assets providing access to long-dated, predictable and growing cash flows. The company also announced the retirement of Chris Leslie from the Board of Atlas Arteria International Limited (ATLIX), effective 1 April 2019. Chris Leslie is a senior executive with Macquarie, based in New York, and has brought deep infrastructure experience and a perspective to ALX's operations during his time on the Board.

With the completion of internalisation and the appointment of new directors to the ALX Boards, the ALX directors and Macquarie have agreed that it is now appropriate for Chris to retire from the ATLIX Board.