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Non-executive director to stand down at 31 March 2021

Director Departure9 March 2021RTOInformation Technology

10 March 2021

NZX Limited

WELLINGTON


Ewe Leong Lim to stand down as a non-executive director of Blackwell Global Holdings Limited at

the end of the current financial year (“BGI”)

The Board of BGI advises that Mr Ewe Leong Lim has given notice of his intention to retire from the

Board of BGI (and its subsidiary companies), with effect from 31 March 2021.

Mr Lim has advised the Board that he considers this retirement appropriate given BGI is in

hibernation mode, and the costs savings to BGI from having to pay one less Director's fee is

significant in the context of the cash-flow requirements of BGI.

The Board thanks Mr Lim for his service as a non-executive director of the Company.


Ends


For more information please contact:

Sean Joyce

Chair

Mob: +64 21 865 704

Email: sean@corporate-counsel.co.nz

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