Cochlear Limited announced the appointment of Karen Penrose to the Cochlear Board. Ms. Penrose's appointment will become effective on 1 July 2022. Ms. Penrose will become a member of the Audit and Risk Committee, Technology & Innovation Committee and Nomination Committee.

Ms. Penrose is currently a Non-Executive Director of listed companies Ramsay Health Care, Estia Health, Bank of Queensland and Vicinity Centres. She holds a Bachelor of Commerce, Accounting & Finance, is a CPA and Fellow of AICD. Ms. Penrose will be a Non-Executive Director and is considered by the Board to be independent.

She resides in Sydney, Australia.