NZX board announces director appointment

NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

www.nzx.com 1 of 1
26 June 2019

NZX board announces director appointment

The NZX board announces the appointment of John McMahon as a director.

NZX Chair James Miller commented: “John brings to NZX’s board composition strengthened
skills in technology, data, international strategy and connectivity. This is in addition to his
extensive experience across New Zealand and Australia’s capital markets. John also brings a
laser focus on shareholder wealth creation and we are delighted to have him join our board of
directors.”

“Based in Sydney, John has a strong background in governance, specifically working with small
to medium sized listed companies in the technology sector. John’s experience in this space will
be extremely valuable as we continue to execute on the exchange’s core markets strategy, and
await the recommendations from Capital Markets 2029.”

In addition to the above, John has an equity and investment background. He established Auro
Investment Management in 2010, prior to which he spent three years as Managing Director of
ASB Securities. He is currently a non-executive director and Chair of NZX-listed Solution
Dynamics Limited, and a non-executive director and acting Chair of NZX-listed Wellington Drive
Technologies Limited.

John McMahon commented: “NZX fulfils an essential role in New Zealand’s capital markets
infrastructure. I am pleased to have the opportunity to help shape the future growth and
direction of the company.”

John’s appointment is effective, Wednesday 26 June 2019.

As required by listing rule 2.6.2 the board has determined that John is an independent director.

About John McMahon
John has extensive industry experience in the technology sector, company turnaround and
transformation, and entrepreneurial small cap governance. He has spent over twenty years in
the Australasian equity markets, predominantly as an equity analyst (covering a range of
industries including telecommunications, media, gaming, transport, industrials), and more
recently he was Head of the Equity Desk at ABN AMRO. In wholesale equities, John has
worked for CS Boston, BZW, Morgan Stanley, ABN AMRO, and Walker Capital, was Managing
Director of ASB Securities for three years. He now manages his own investment portfolio via
Sydney-based Auro Investment Management. He has a Bachelor of Commerce (Honours), an
MBA and is a CFA (Chartered Financial Analyst) charterholder.

For further information please contact:
Hannah Lynch
Head of Communications
T: 09 308 3710
M: 021 252 8990
E: hannah.lynch@nzx.com