The Board of ARB Corporation Limited announced the appointment of Mr. Robert Fraser as the Company's Chairman of the Board, effective immediately. Mr. Roger Brown retires as Chairman after serving in this capacity for 35 years since the Company listed on the second board of the Australian Securities Exchange in 1987. Mr. Brown will remain a Non-executive Director and will serve as Chairman of the Remuneration and Nomination Committee, replacing Mr. Robert Fraser.

Ms. Karen Phin, Non-Executive Director, has been appointed Chairman of the Audit & Risk Committee, replacing Mr. Robert Fraser. Ms. Phin has made a strong contribution to the Board since becoming a Director in 2019 and has significant experience in financial analysis, capital management and corporate governance.