BikeExchange Limited announced the appointment of Mr. Dominic O'Hanlon as a Non-Executive Director of the Company, effective immediately. Mr. O'Hanlon is a technology entrepreneur, business executive, professional director and
investor with extensive experience and knowledge of the Information Technology industry built up over a career spanning over 30 years. Mr. O'Hanlon was Managing Director and CEO of rhipe Limited for over 7 years and led the sale of RHP to Norwegian based Crayon in November 2021 for AUD 408 million. During Mr. O'Hanlon's time as CEO of RHP, the business grew sales from AUD 74.5 million to AUD 377.4 million (26.6% CAGR) and EBITDA from AUD 1.5 million to AUD 16.6 million (41% CAGR). At the time of sale, RHP had approximately 600 staff across 10 countries. Prior to RHP, Mr. O'Hanlon had multiple technology build, scale and exit experiences including as CEO of Haley Limited (sold to Oracle in 2008) and as Chief Strategy Officer of MYOB (sold to Bain Capital in 2011).