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Change in Directors at Snakk Media

Director Appointment25 July 2018WCOIndustrials

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snakkmedia.com

SNK – MARKET UPDATE

CHANGE IN DIRECTORS AT SNAKK MEDIA (SNK)

25 July 2018

Snakk Strengthens Board

Highly Experienced New Zealand Based Director Appointed

Snakk is delighted to announce the appointment of Mr Brent King as a Non-

Executive Director to the Board, effective immediately.

Mr King is a highly experienced Non-Executive Director based in Auckland. He is

currently the Managing Director of Investment Research Group Ltd, General Finance

Ltd, Equity Investment Advisors, and King Capital Investment Corp Ltd.

His previous positions included Managing Director CEO of Dorchester Pacific,

Director of Charlie’s Group Limited, Director of 42 Below Limited, Director of NZ

Cricket and Chair of Auckland Cricket.

Mr King is a well known and respected director in the New Zealand and Australian

business community who brings deep financial advisory experience to Snakk. He

has been involved in capital raisings, sales of entities (including Charlie’s beverage

group to Asahi, and 42 Below Limited to Barcardi), listing and de-listing of companies

on the NZX. He also has current experience working in Southeast Asia and

extensive experience in regulatory matters associated with the NZX. Mr King is an

NXT advisor and is a Chartered Accountant.

Mr Peter James, the Independent Non-Executive Chair of Snakk Media, said

“We are pleased to have Brent join the board of Snakk Media. Brent’s extensive

commercial experience with small to medium listed and unlisted entities in New

Zealand is the perfect fit for Snakk Media Ltd at this time in its evolution.

Along with Rob Antulov as a fellow Director, myself as Independent Chair, and the

management team led by Joel Williams as Chief Executive Officer, Snakk has the

right mix of skills and experience to drive the best possible outcomes for

shareholders.”

Following Mr King’s appointment Mr Martin Riegel has stepped down as a Non-

Executive Director. He has accepted a position as the full-time CEO of STRmix

Limited. Mr Riegel was the longest standing board member of the current board

having joined it in June 2015.


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snakkmedia.com

Mr Riegel said,

“Working with Snakk has been both exciting and challenging given the ever

changing nature of the media industry. I highly valued the opportunity to work with

Snakk’s board and management to position it for success and wish it all the best

for the future”.

Mr James thanked Mr Riegel for his commitment and professional contribution over

more than three years with Snakk and wished him well in his new role.

ENDS

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