Change in Senior Manager

NZX/ASX and Media Release

Change in Senior Manager

3 May 2019

Pursuant to NZX Listing Rule 3.20.1, Heartland Group Holdings Limited (NZX: HGH) and Heartland
Bank Limited (NZX: HBL) (together, Heartland) are pleased to advise that Cherise Barrie has been
appointed to the role of Chief Financial Officer, subject to Reserve Bank of New Zealand confirming
its non-objection to this appointment.

Cherise is a Chartered Accountant with significant financial service and executive experience, having
held executive positions at Westpac New Zealand Limited, Health Alliance NZ Limited and Sovereign
Limited and senior roles with ANZ Bank. She was also a director on many of the subsidiary company
boards of both Westpac and Sovereign.

Cherise is a member of Chartered Accountants Australia & New Zealand and the Institute of
Directors. She is a passionate advocate of women in business, being a member of Global Women
and previously a Director and Treasurer for Dress for Success in Auckland.

Heartland wishes to thank Myles Perry for his service as Acting Chief Financial Officer.

- Ends -

For further information, please contact:

Jeff Greenslade
Chief Executive Officer
Heartland Group Holdings Limited
021 563 593

Chris Flood
Chief Executive Officer
Heartland Bank Limited
027 226 6508