Serko Board Appoints Claudia Batten as Chairperson

Serko Limited, Saatchi Building, Unit 14D 125 The Strand, Parnell, Auckland, New Zealand
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Market Release
15 September 2020

Serko Board Appoints Claudia Batten as Chairperson
Mr Botherway will remain an independent director on the Board

Serko Limited (NZX/ASX: SKO) today announced that Mr Botherway, who has chaired the Serko Board
since April 2014, is standing down as Chair and will be succeeded by Ms Batten, effective immediately.
Mr Botherway will remain an independent director on the Board.
Ms Batten has been acting in the role of Chair since March 2020, when Mr Botherway temporarily
stepped down from the role for medical reasons.
Mr Botherway said: “The Board has been reviewing its composition and succession planning in light of
the fact all the independent directors were appointed at the time of Serko’s initial public offering in
2014. At some point, it will be appropriate for each of the long-serving independent directors to
transition off the Board.
“To ensure this process is appropriately phased, I have determined to step down as Chair, but remain
on the Board for at least a year to continue to support the Company through its next phase of growth
and to support the onboarding of an additional independent director.”
“The Board has determined to appoint Claudia Batten as Chair. Claudia has been acting in the role of
Chairperson since March 2020. She has demonstrated strong and effective governance and leadership
during an unprecedented and challenging time for Serko and the travel industry as a whole. I’m
confident Serko will be in good hands under her guidance,” he said.
Ms Batten said: “It will be an honour to serve as the Chair of Serko. Notwithstanding the COVID-19
pandemic, Serko continues to see material opportunities for international growth and I’m excited to
be able to oversee the governance of Serko during a pivotal period in the Company’s history.”
“I’d also like to take this opportunity to acknowledge the enormous contribution Simon has made to
Serko over many years and look forward to continuing to work with him on the Board. He represents
the benchmark of good governance and has been instrumental in helping to grow Serko into an
international company. Simon has led the Board since before Serko listed on the NZX in 2014. Since
that time the company’s share price and revenue (pre-COVID) have materially increased, Serko has
entered the North American market and positioned itself to expand globally.”
“The Board is re-commencing its search for an additional independent director, following a deliberate
pause in the search process to focus on the impacts of COVID. We will update the market when an
appropriate director has been identified,” she said.
Serko’s CEO, Darrin Grafton welcomed Claudia into the role of Chair, saying “Claudia’s global
experience will be invaluable for Serko as we progress to the next stage of our international
expansion. Claudia has diligently led the Board through an incredibly challenging past six months,
and I look forward to continuing to work with her in her new role as Chair.”
“I’d also like to thank Simon, personally and on behalf of my co-founder Bob Shaw, for his significant
contribution to Serko. He has played a major role in the growth of the Company since we listed and
we are both very grateful for his guidance during this time as Chairman of the Board.”
ENDS

Released for and on behalf of the Serko Board by Sarah Miller, General Counsel & Company Secretary.



Investor Relations Enquiries:
Susan Putt, Chief Financial Officer
Phone: +64 21 388 009
Email: investor.relations@serko.com