SHAPE Australia Corporation Limited announced the resignation of Mr. Craig van der Laan as a Director of the Company with effect from 25 July 2023. This is due to Mr. van der Laan's substantial commitments to other Directorships, including positions held overseas. Following Mr. van der Laan's resignation, the Board consists of five directors, three of which are independent directors.

In view of the size of the Company and the nature of its activities, the Board considers the size of the Board and the mix of skills, experience and qualifications to be appropriate. The Board may consider the appointment of further directors for succession purposes, as required.