The Board RedFlow Limited announces the appointment of Ms Adele Fraser as a Non-Executive Director of Redflow Limited (Company) effective and Chair of the Company's Audit and Risk Committee, effective 28th February 2023. Ms Fraser is the General Manager Finance at Australian Naval Infrastructure and prior to that held management positions at PwC, initially in South Africa and later in Australia. Ms Fraser has an honours degree in Financial Reporting, Auditing, Taxation and Management Accounting, and a Graduate Diploma of Chartered Accounting.

She is a Fellow of Chartered Accountants Australia and New Zealand (FCA) and a Graduate of the Australian Institute of Company Directors (GAICD). The Board also wishes to advise that David Knox will be stepping down from the position of Non-Executive Director and Chair of the Audit and Risk Committee effective from 28 February 2023 to concentrate on his other Board commitments. The Board extends their gratitude to Mr. Knox for his significant and valued contributions during Board deliberations and wish him success in his future endeavours.