Heartland Announces New Director of Heartland Bank

NZX/ASX Release

Heartland Announces New Director of Heartland Bank

23 December 2019

Heartland Group Holdings Limited (NZX/ASX: HGH) (Heartland) is pleased to announce the
appointment of Shelley Ruha as an independent director of its subsidiary, Heartland Bank Limited
(Heartland Bank), effective 1 January 2020.

Shelley’s governance experience includes businesses involved in fintech, large scale technology
infrastructure and payments innovation, wealth management, venture capital and education based
growth for SMEs and she is currently a non-executive director of The Icehouse Limited and 9 Spokes
Limited. Shelley has extensive banking experience in the New Zealand market. Her last role as an
executive was leading BNZ Partners, which spanned all aspects of business banking and wealth
management for Bank of New Zealand.

- Ends -

For further information, please contact:

Person who authorised this
announcement:
Michael Drumm
Title: General Counsel
Contact phone number: 09 927 9136
Contact email address: Michael.Drumm@heartland.co.nz

Address: Level 3, Heartland House
35 Teed Street
Newmarket
New Zealand