Djerriwarrh Investments Limited announced that Ms. Karen Wood has elected to retire as a Non- Executive Director of the company, having been a member of the board since July 2016. At the same time the Board announced that Ms. Rebecca McGrath has been appointed as a Non-Executive Director of the Company. Both Ms. Wood's retirement and Ms. McGrath's appointment are effective from 23 January 2024.

In accordance with the Company's constitution, Ms. McGrath will stand for election at the AGM in October 2024. Karen has been a member of the Company's Investment, Nomination and Audit Committees. Rebecca is an experienced professional company director and Chairman, with substantial international business experience.

She spent 25 years at BP plc. where she held various executive positions, including Chief Financial Officer Australasia and served as a member of BP's Executive Management Board for Australia and New Zealand. Rebecca is currently a director of Macquarie Group Limited and is Chair of Investa Property Group.

She has also served as a director of Goodman Group, CSR Limited, Big Sky Credit Union and Incitec Pivot Ltd, and as Chairman of Oz Minerals Limited, Scania Australia Pty Limited and Kilfinan Australia.