Bravura Solutions Limited announced the retirement of Mr. Neil Broekhuizen effective 31 March 2023 and the upcoming appointment of Mr. Shezad Okhai as a Non-Executive Director. Mr. Andrew Russell is immediately appointed as Interim Chairman. Neil has served as a Non-Executive Director since 2009 and as Chairman since August 2019.

Shezad Okhai provides strong shareholder alignment, capital allocation experience and vertical market software expertise. He is Chief Investment Officer at Pinetree Capital, an associate of L6 Holdings, Bravura's largest shareholders. Prior to joining Pinetree, Shezad spent more than 10 years with Constellation Software, a leading acquirer and operator of vertical market software companies.

Shezad will join the Board once customary checks have been completed and will be appointed a member of the Company's Remuneration and Nomination Committee. He has agreed to waive all Directors' fees. The Remuneration and Nomination Committee will commence a process to identify and appoint a new Chair.