Ventia CEO appointed to the Board as Managing Director

Ventia Services Group Limited
ABN 53 603 253 541

Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA

ventia.com
ASX and NZX Release


Tuesday, 14 June 2022

Ventia CEO appointed to the Board as Managing Director
The Ventia (ASX: VNT) Board is pleased to announce that Group Chief Executive Officer
(Group CEO), Mr Dean Banks, has been appointed to the Board as Managing Director and
Group CEO with effect from Tuesday 14 June 2022. Mr Banks was previously appointed as
Group CEO in January 2021.

Mr Banks’ remuneration and other contractual arrangements remain unchanged from that
disclosed previously.

Ventia Chairman, Mr David Moffatt said: “Dean’s appointment is a natural progression given
his strong leadership and performance in the Group CEO role since joining Ventia. He has
successfully led Ventia through our Initial Public Offering and into listed life, while establishing
a clear vision and strategy for our workforce of more than 35,000 people. The Board
welcomes Dean as Managing Director and we look forward to continuing our strong working
relationship.”

Dean was previously the Chief Executive Officer, UK Construction Services, Balfour Beatty
plc (a FTSE 250 listed infrastructure company) from January 2018 to late 2020, having first
joined Balfour Beatty in April 2015 as Chief Operating Officer. Prior to Balfour Beatty, Dean
held C-level roles in other FTSE 250 global businesses in construction, manufacturing and
service industries.

Attached to this announcement is Dean’s Appendix 3X (Initial Director’s Interest Notice).


For further information, please contact:
Investors Media
Chantal Travers Sarah McCarthy
General Manager Investor Relations General Manager Brand, Marketing & Communications
chantal.travers@ventia.com sarah.mccarthy@ventia.com
+61 428 822 375 +61 400 993 542

About Ventia
Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services that
keeps infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000 people,
operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by being client-
focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including defence, social
infrastructure, water, electricity and gas, environmental services, resources, telecommunications and transport.

Appendix 3X
Initial Director’s Interest Notice



+ See chapter 19 for defined terms.

11/3/2002
Appendix 3X Page 1
Rule 3.19A.1
Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and
documents given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.

Name of entity Ventia Services Group Limited
ABN 53 603 253 541

We (the entity) give ASX the following information under listing rule 3.19A.1 and as
agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director
Dean Banks
Date of appointment
14 June 2022

Part 1 - Director’s relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be
disclosed in this part.


Number & class of securities

Nil

Appendix 3X
Initial Director’s Interest Notice



+ See chapter 19 for defined terms.

Appendix 3X Page 2 11/3/2002
Part 2 – Director’s relevant interests in securities of which the director is not the registered
holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest
Note: Provide details of the circumstances giving rise
to the relevant interest.

Ventia Services Group EIP Pty Ltd
ACN 605 012 600 ("VSG EIP") as
trustee for the trust established under
the Declaration of Trust between VSG
EIP and Ventia Pty Ltd ACN 603 146
676 dated 12 October 2015, held for
the benefit of Dean Banks








Number & class of Securities



9,000,000 ordinary shares

Appendix 3X
Initial Director’s Interest Notice



+ See chapter 19 for defined terms.

11/3/2002
Appendix 3X Page 3
Part 3 – Director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be
disclosed in this part.


Detail of contract
N/A
Nature of interest


N/A
Name of registered holder
(if issued securities)

N/A
No. and class of securities to which
interest relates


N/A