Board of Platinum Investment Management Limited announced that executive directors Andrew Clifford, Elizabeth Norman and Andrew Stannard will step down from the Board with effect from 1 February 2024. Mr. Clifford will continue in his role as Co-Chief Investment Officer and Ms Norman and Mr. Stannard will continue to perform their management duties, reporting to Jeff Peters, Platinum Asset Management's new Chief Executive Officer. Mr. Peters will join the Board as Managing Director upon completion of statutory requirements.

He will advise the market of his appointment to the Board in due course.