Austin Engineering Limited providing an update to the timing of the previously announced CEO Transition. After mutual consultation, the Board and Mr. Peter Forsyth have determined to bring forward the handover date for the Company's principal leadership function to be based in Perth. As such, Mr. Forsyth has resigned from the role of CEO and Managing Director effective 25 June 2021 (previously 31 July 2021). As previously advised, David Singleton (current Non-Executive Director) will act as interim CEO post Mr. Forysth's retirement. The Strategic Review to identify significant organic and inorganic growth opportunities remains underway, undertaken by interim CEO David Singleton. The Board will continue to consider the best fit for the CEO role, in conjunction with the outcomes of the Strategic Review.