Pro-Pac Packaging Limited announced the retirement of Ms Leonie Valentine and Mr. Darren Brown as directors, effective from the end of the Annual General Meeting on 22 November 2022. Leonie Valentine, who joined the Board in mid- 2018, is retiring to focus on her current executive role with Australia Post. Darren Brown will be stepping down from the Board and his chairmanship of the Audit, Business Risk and Compliance Committee (ABRCC) after several months filling the additional executive role of Interim Chief Financial Officer, taking a well-earned break from corporate work.

With the successful completion of the Company's recent rights issue and the appointment of a new Chief Financial Officer announced on 28 October 2022, both directors feel that the time is right for their retirement and future board renewal. The Company announced the appointment of Mr. Mark Blackburn as an independent non-executive director, and ABRCC chair. Mark's appointment will be effective from 23 November 2022, and he will stand for re-election at the 2024 annual general meeting.

Mark is currently a non-executive director, and chair of the audit committee, of Lifestyle Communities Limited. He has extensive senior finance management experience within ASX and NYSE listed corporations and has held Chief Financial Officer roles at McMillan Shakespeare, iSelect, IOOF, Ausdoc Limited and the Laminex Group. Mark holds a Diploma of Business (Accounting) from Monash University, is a qualified Chartered Accountant and a Graduate of the Australian Institute of Company Directors.