Nanosonics Limited announced the appointment of Dr. Larry Marshall as a Non- executive Director of Nanosonics effective 3 October 2023. Dr. Marshall brings significant experience to the Company. Dr. Marshall is a technology innovator, physicist and business leader with over 30 years' experience in leadership of technology companies.

He has founded companies and driven innovation in Silicon Valley and Australia. Until July 2023, Dr. Marshall was Chief Executive of CSIRO for 8½ years. Under his stewardship CSIRO doubled the value delivered to stakeholders, achieved a record $1.6 Billion in revenue, enjoyed the first sustained growth in 30 years, and became the first Australian entity to be Thompson Reuters rated in the Global Top 20 Innovation organisations.

Dr. Marshall lived in the United States for 26 years, where he co-founded 6 successful companies in a range of markets including medical device. Over the past 30 years he has served as CEO/MD of 6 companies, and Chairman of 4. He was MD, then co-Chairman of Arasor, a developer and manufacturer of integrated optical and wireless solutions, which he took public in 2006. In 2007, Dr. Marshall became MD of Southern Cross Venture Partners, a Silicon Valley VC firm specialising in Australian innovation.

Dr. Marshall holds a PhD in Physics, and a Bachelor of Science (Hons) from Macquarie University. He is a Fellow of the AICD, ATSE, AIP, and a Federation Fellow. He has been a director of 20 private sector boards in Australia and the United States, including boards of 2 companies that were subsequently listed on the Nasdaq and on the ASX respectively.