Dexus Asset Management Limited (DXAM) responsible entity of Dexus Convenience Retail REIT (DXC) announced the following board renewal and changes to its Board of Directors, effective 17 October 2022: Howard Brenchley and Michael Johnstone to resign from the Board Danielle Carter and Jonathan Sweeney to be appointed as Independent Non-Executive Directors. Both Danielle and Jonathan will be members of the Audit, Risk & Compliance Committee. Danielle Carter brings more than 25 years of real estate and financial services industry experience.

She has held senior executive roles at Blackrock and SG Hiscock & Co. Danielle is a Non-Executive Director of BWP Management Limited, the responsible entity of ASX-listed BWP Trust (BWP), and was a past director of ASX- listed APN Property Group (APD) prior to Dexus acquiring APN. Jonathan Sweeney is an experienced non-executive director, chair and managing director.

He is a Non-Executive Director and Chair of EP&T Global (EPX) and a Non-Executive Director at BT Financial Group. His past Board experience includes Non-Executive Director and Chair of 8IP Emerging Companies (8EC) and Non-Executive Director at Easton Investments Ltd. (EAS). Jonathan held senior executive roles at Folkstone and Trust Co.

Following the changes, the Board will comprise: Jennifer Horrigan - Independent Chair, Emily Smith - Independent Non-Executive Director, Danielle Carter - Independent Non-Executive Director, Jonathan Sweeney - Independent Non-Executive Director, Deborah Coakley - Executive Director, Brett Cameron - Alternate Executive Director for Deborah Coakley. In addition, Emily Smith serves as the Chair of the Audit, Risk & Compliance Committee which also comprises. Jennifer Horrigan, Danielle Carter and Jonathan Sweeney.

DXAM also advises that Chantal Churchill has resigned as Company Secretary, effective 14 October 2022. Scott Mahony is appointed Company Secretary, effective 14 October 2022.