TIL Logistics Announces Resignation of CEO

20 July 2021
Company Announcement

TIL Logistics Announces Resignation of CEO

New Zealand freight and logistics company, TIL Logistics Group Limited (NZX: TLL), advises that
CEO Alan Pearson has tendered his resignation, effective from 19 July 2021.

Alan remains a shareholder in the business and will continue to provide support for the company
over the next two months on a consultancy basis as he pursues his alternative business interests
and board directorships.

Alan has worked tirelessly, professionally and with the utmost integrity to lead TIL through its first
three years as a publicly listed company. He oversaw the transition of three private businesses
into one public company and the building of a new executive team as the original founders exited
their operational roles in the business.

Chairman Trevor Janes commented: “Alan has led TIL Logistics into a new era as a publicly listed
company, focused on core values of customer excellence, health and safety, innovation and
sustainability. This has attracted increased investor interest and investment which is exciting for
the future of the company. TIL is well positioned with a strong and experienced leadership team
as it enters a new era in its 150+ year history. On behalf of the Board, we thank Alan for all his
efforts and wish him well in his future endeavours.”

Current chief financial officer, Lee Banks, has been appointed Acting CEO while the recruitment
process is underway. Lee has been with TIL Logistics for eight years and has served as CFO for the
past two and half years.

The company will update the market on the new CEO appointment when the recruitment process
is completed.

ENDS

For further information and media assistance, please contact:

Trevor Janes, Chairman, Phone: +64 27 493 5033 Email: tdjanes@janes.co.nz

For media and investor enquiries, please contact: Jackie Ellis, Phone: + 64 27 246 2505
Email: jackie@ellisandco.co.nz

About TIL Logistics Group Limited (TLL)

TLL is one of the largest domestic freight and logistics businesses in New Zealand, with a
nationwide network of branches, depots, cross docks and warehouses offering a comprehensive
range of services. TLL provides a comprehensive end to end supply chain service, across
Freighting, Bulk Liquids, Warehousing & Logistics, Specialist Lifting and Transport, and
International Freight Forwarding.