Treasury Wine Estates Ltd. announced that John Mullen will join the Company's Board as an Independent Non-Executive Director on a date to be confirmed in fourth quarter of 2023. Mr. Mullen is a highly credentialled Non-Executive Director residing in Australia with extensive senior executive and strategy experience. He was Chief Executive Officer of Asciano from 2011 - 2016 and, prior to joining Asciano, Mr. Mullen spent 15 years with DHL Express, serving as the global Chief Executive Officer from 2005 to 2009.

Mr. Mullen has a global outlook, having lived or worked in 13 countries throughout his career. Mr. Mullen is currently an independent Non-executive Chairman of Telstra Corporation Limited and Brambles Ltd, and an independent Non-executive Director of Canadian public company Brookfield Infrastructure Partners L.P. Mr. Mullen's appointment is conditional upon receiving approval from a number of Australian liquor licensing authorities.