Appointment of Director – Katie Hudson

The Board is pleased to advise that Ms Katie Hudson has been appointed as a Non-Executive Director of the Company, with effect from 1 January 2024. Katie is a portfolio manager for Yarra Capital Management focused on the small and midcap universe and, in addition, serves as Yarra Capital's Head of Australian Equities Research. Katie has more than 20 years of experience in investment markets, including roles as an equities research analyst and portfolio manager. Prior to transitioning to Yarra Capital Management, Katie was a portfolio manager and managing director at Goldman Sachs Asset Management and has previously worked as an equities analyst and partner at JBWere. Prior to this Katie spent seven years at PwC where she was a senior manager primarily focused on mergers and acquisitions advisory and transaction support. Katie is currently a director of Yarra Capital Management and the Hawthorn Football Club. Katie holds a Bachelor of Commerce from The University of Melbourne and was previously a qualified Chartered Accountant. We are delighted to welcome Katie to the Board. Her broad knowledge across various sectors will be of significant value to our discussions and her depth of experience in investment markets and Australian equities will complement the Board's existing mix of skills. Craig Drummond Chairman Please direct any enquiries to: Mark Freeman Managing Director (03) 9225 2122 Geoff Driver General Manager (03) 9225 2102 Authorised by the Chairman of Australian Foundation Investment Company Limited. End CA:00423711 For:AFI Type:ADMIN Time:2023-12-18 11:17:23