Changes at NZX Board

Changes at NZX Board 20 March 2022 - The NZX Board today announced it has withdrawn its endorsement of Rob Hamilton as Chair Elect of the NZX. Following the announcement of the AUSTRAC proceedings against SkyCity Adelaide in December 2022, the NZX Board has considered Mr Hamilton's position. After careful consideration, the Board has determined that, in the interests of NZX and noting its position as the operator of New Zealand's capital markets, it can no longer endorse Mr Hamilton as proposed Chair while the proceedings remain unresolved. As a result of Mr Hamilton no longer being the proposed successor to the Chair, Mr Hamilton has resigned as an NZX Director with immediate effect to help NZX move forward without any distractions relating to this matter. Mr Hamilton is a former SkyCity Chief Financial Officer. James Miller, who was due to retire at the annual shareholder meeting in April, has responsibly agreed to continue in the role as NZX Chair until a new Chair is appointed. ENDS For further information, please contact: Media and Investors - Simon Beattie - 021 702 694 About NZX For more than 150 years we have been committed to connecting people, businesses and capital. Our vision is to be a trusted New Zealand business delivering sustainable wealth, value and opportunities for all. NZX operates New Zealand's equity, debt, funds, derivatives and energy markets. To support the growth of our markets, we provide trading, clearing, settlement, depository and data services for our customers. We also own Smartshares, New Zealand's only issuer of listed Exchange Traded Funds (ETFs), and KiwiSaver provider SuperLife. NZX Wealth Technologies is a 100%-owned subsidiary delivering rich online platform functionality to enable New Zealand investment advisors and providers to efficiently manage, trade and administer their client's assets. Learn more about us at: www.nzx.com End CA:00408578 For:NZX Type:ADMIN Time:2023-03-20 08:30:37