Austin Engineering Limited announced changes to its senior management structure as the Company looks to grow its North American business. Current Chief Operating Officer (COO), Graham Backhouse, has been appointed to the new role of Chief Strategy Officer. The role will primarily concentrate on developing a growth strategy for Austin's North American business where Austin is focused on increasing market share for haul truck trays and in particular, mining buckets, following the Company's acquisition of Australian-based Mainetec in 2022. Mr. Vincent D'Rozario has been appointed as the Company's COO. He will continue to drive the Austin 2.0
growth strategy across the business and further embed the operating model that has seen substantial
increases in delivered margins and order book across the business. Mr. D'Rozario has held a number of executive positions and senior roles in a diverse range of sectors
including engineering, commercial aviation, major project delivery and environmental and waste
management solutions. Most recently he was the Regional Managing Director APAC for CHC Helicopters,
overseeing services to mining and energy companies and State and Federal Government entities. He is currently a Non-Executive Director of ASX-listed The Environmental Group, which provides waste
and environmental solutions to the resources, health and heavy industry sectors. Both appointments are effective 20 January 2023.