Bremworth Limited/Announcement
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Change in Director

Director Departure22 October 2021BRWConsumer Discretionary

MARKET RELEASE
22 October 2021



Change in Director


Bremworth Limited (NZX: BRW) regretfully advises that Rachel Walsh has stepped down from her

role as Director, due to a newly notified concern by PwC (Bremworth’s external auditor) in relation

to PwC’s independence in appearance, as she has an existing, personal relationship with a non-audit

partner of PwC.


Chair of Bremworth, George Adams, said that the Board takes external auditor independence

seriously and the notification from PwC following Rachel’s appointment and clarification of PwC’s

position was disappointing. “Rachel is highly skilled and will add value to any Board. We believe she

has a strong future career in governance and wish Rachel all the best.”


Rachel has chosen to step down to ensure no perceived independence concerns between the

company and its external auditor. She remains a strong advocate of Bremworth and its strategy and

is looking forward to seeing the company continue its journey towards its goal of being a world

leader in natural, sustainable, home interior products.


ENDS


For further information please contact:


George Adams

Chairman

thgadams@gmail.com

+64 21 555 040

Jackie Ellis

Media and Investor Relations

Jackie@ellisandco.co.nz

+64 27 246 2505

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