2 Cheap Cars Group Limited logo

Interim CEO / Independence of Director

Director Appointment23 August 20222CCFinancials

New Zealand Automotive
Investments Limited

102 Mays Road,

Onehunga,

Auckland, 1061


info@nzautomotiveinvestments.co.nz

nzautomotiveinvestments.co.nz





24 August 2022

Company Announcement

NZX:NZA – Interim CEO / Independence of Director

The Board of NZ Automotive Investments Limited (Company) (NZX:NZA) advises that Gordon Shaw’s appointment

as Interim CEO of the Company will be effective from 5.00pm on 26 August 2022.

The Board has determined that Gordon Shaw is no longer an independent director following his appointment as

Interim CEO of the Company. As noted in the Company’s market announcement on 22 August 2022, the Board has

commenced an executive search for a new CEO. Once a new CEO has been appointed, Gordon Shaw will resume

his role as an independent director.

Ends

For further information please contact:

Gordon Shaw

Director

NZ Automotive Investments Limited

Email gordon.s@nzautomotiveinvestments.co.nz

Mobile 021 199 0331

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