As previously foreshadowed, Ms Melinda Snowden has retired as a director of Sandon Capital Investments Ltd. (SNC). Last year, Melinda became a non-executive director of Best & Less Group Holdings Ltd. and Megaport Ltd. She has been a director since 2018 and has served as chair of the Company's audit and risk committee. Melinda leaves the board with the thanks and best wishes of her fellow directors.

The Board maintains a majority of independent non-executive directors. Ms Jacqueline Sullivan has taken on the role as chair of the Audit and Risk Committee alongside Mr. Peter Velez who serves as a member of the Committee.