Xamble Group Limited announced that Mr. Georg Chmiel will join the Xamble Board as an Independent Non-Executive Director upon completion of the investment. Completion is expected to occur in early November 2023. Mr. Chmiel brings three decades of experience of rapidly growing disruptive online businesses, having successfully grown and exited Australian and South East Asian ASX-listed companies thereby creating significant shareholder value.

He has had a leading role in more than 40 acquisitions. He is Chair and Co-Founder of KL-based Juwai-IQI Holdings, South East Asia's larger proptech player operating across more than 20 countries transacting approximately 50,000 properties per year via its technology platform. He is also Non-Executive Chair of Spacetalk Limited and holds Non-Executive Directorships at financial advisor platform Centrepoint Alliance Limited, regtech group Kinatico Limited and fintech Butn Limited.

Before that, he was Executive Chair of iCarAsia. Mr. Chmiel was also Managing Director & CEO of iProperty Group until its sale to REA Group in the biggest online takeover in South East Asia at that time. He is a Fellow of the Australian Institute of Company Directors (AICD) and the Institute of Corporate Directors Malaysia (ICDM), Board member of the World Digital Chamber, Member of the Malaysia Australia Business Council (MABC) and Deputy President of the INSEAD Association Malaysia.

Mr. Chmiel will assist the Group with investor engagement, M&A and drive the Group's regional expansion across South East Asia's rapidly growing influencer marketing sector.