Perpetual Equity Investment Company Limited announced that Mr. David Lane has notified the Company of his resignation from his position as Executive Director. To replace Mr. Lane, the Board has appointed Ms Amanda Apted (Gillespie), Group Executive, Perpetual Asset Management Australia. These changes become effective May 13, 2021. The Board announced the appointment of Gillespie as Executive Director of the Company. Ms Gillespie was appointed Group Executive, Perpetual Asset Management Australia in November 2020. In that role she is responsible for leading the Australian division of Perpetual Asset Management, which includes the Australian Equities, Credit & Fixed Income, Global Innovation Share and Multi Asset investment management teams. Gillespie is a Director of the Company's Manager Perpetual Investments Management Limited. Having joined Perpetual in February 2018, she has held the prior roles of General Manager Client Solutions & Strategy and more recently, General Manager Perpetual Investments. Gillespie has more than 21 years of investment experience in asset management and investment research. Prior to joining Perpetual, Amanda was Chief Executive Officer of Lonsec where she played a key role in building out Lonsec's investment and superannuation research and consulting capabilities.