Sigma Healthcare Limited announced three changes to the composition of the Board, including the appointment of two new Non-Executive Directors as part of its overall business renewal. Appointments will be presented for approval of shareholders at the Annual General Meeting of the company scheduled to be held on 17 May 2023. Mr. Mitchell will be appointed a Non-Executive Director of the company effective 2 February 2023.

Mr. Mitchell has extensive financial experience coupled with more than a decade of experience as an active Non- Executive Director. He is a current Director and Chair of the Audit Committee of Sonic Healthcare and is a Director and Chair of the Audit and Risk Committee of Fisher and Paykel Healthcare and QBiotics. Previously, Mr. Mitchell has held other Director roles including South Eastern Sydney Local Health District, The Board of Taxation, Sirtex Medical and Osprey Medical Inc. Prior to becoming a Non-Executive Director, Mr. Mitchell had a career spanning 27 years with Cochlear Limited, 22 of those years as Chief Financial Officer and Company Secretary.

Mr. Mitchell will be the Chair of the Risk, Audit & Management Committee effective 1 April 2023. Ms. Carey will be appointed a Non-Executive Director of the company, effective 1 April 2023. Ms. Carey is a current Director of National Intermodal Corporation and an Advisory Board Member of Orizontas.

Prior to that, Ms. Carey has been a Director of Linfox Armaguard Pty Ltd. and Sai Cheng Logistics Inc. and was Chair of Australia Post Global and BevChain. Ms. Carey brings a balance of technical expertise as well as strategic and commercial intellect from over 20 years' experience in transport, supply chain and logistics. Ms. Carey has previously held various senior roles within Linfox, progressing from General Counsel and Company Secretary to Chief Executive Officer.

Ms. Carey also held the position of Executive General Manager International with Australia Post. Ms. Carey will be appointed a member of the Remuneration & Nomination Committee. Mr. Manuel has advised the Board of his intention not to stand for election at Sigma's upcoming Annual General Meeting on 17 May 2023.

Mr. Manuel is a long-serving community pharmacist and has been a Non-Executive Director of the company since October 2009. He is a current member of the Risk Management and Audit Committee and the People and Remuneration Committee.