Sequoia Financial Group Limited announced further streamlining of the Group's existing Divisional structure, whereby it will be moving from four to two reporting Divisions for fiscal year 2025. This change is designed to enhance the focus of its executive team and reduce its cost base in terms of headcount by 10%. The new reporting Divisions will be Licensee and Adviser Services and Legal and Administration Services.

The following outlines which businesses will be reported within each of the Divisions. Changes to key personnel are also outlined below. Licensee and Adviser Services: Interprac Financial Planning Pty Ltd; Sequoia Financial Advice (formerly Interprac Securities); Sequoia Family Office Pty Ltd; Sequoia Corporate Finance Pty Ltd; Sequoia Wealth Management Pty Ltd; Sequoia Asset Management Pty Ltd; Sequoia Specialist Investments Pty Ltd; Media/IR Finance TV, Informed Investor, Sharecafe and Corporate Connect Research.

Legal and Administration Services: Castle Corporate, Constitute, NTAA Corporate and Panthercorp; Docscentre Legal; Sequoia Superannuation Pty Ltd.