BIF – Change of BIF Investment Committee Membership

BIF – Change of BIF Investment-Committee Membership

11 July 2024

The Manager is pleased to confirm that Nicolas Williams is to be appointed to the Booster Innovation
Fund Sub-Committee with effect from 30 July 2024. This will coincide with Nic Craven (Chief Investment
Officer) stepping down from the Booster Innovation Fund Sub-Committee, and who will continue to
provide oversight from his ongoing role at the Booster Investment Management Limited Investment
Committee.

Nicolas Williams has recently joined Booster as Head of Direct Investments. Nicolas has over 20 years of
investment and commercial experience spanning corporate strategy, operations and capital markets.
Nicolas has held senior roles at Macquarie, NZ Treasury and Z Energy, as well as a number of governance
and advisory roles. Acting at times as both advisor and principal, Nicolas has completed corporate
transactions with an aggregate capital value of over NZ$8 billion across a wide range of industries and
geographies

The Booster Innovation Fund PDS supplementary document has been updated and registered. A copy of
this is attached.

Subsequent to this change taking effect, the following are identified as Directors and Senior Managers for
disclosure purposes under the NZX listing rules:

BIML Directors:
Dianne Day
Paul Foley
John Selby
Melanie Templeton
Allan Yeo

BIML Senior Managers:
Alison Payne
Di Papadopoulos
Natasha Keddie
Andrew Hughes
Nic Craven
Mihaela Chitu

BIF Senior Managers:

John Selby
Dana McKenzie
Nicolas Williams
David Beattie
Melissa Yiannoutsos

For more information, please contact:
Gary Scott
Company Secretary
Booster Investment Management Limited
04 8944300



About Booster
Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of
the Booster Group which has been helping New Zealanders save since 1998. The group currently
administers superannuation and investment funds of over $6 billion on behalf of more than 190,000 New
Zealanders.
BIF is a managed investment fund that invests in early-stage companies founded on intellectual property
originated or developed in New Zealand.
For more information, including a copy of the Product Disclosure Statement and the net asset value per
unit, please visit www.booster.co.nz

---

What is this?
This is a Supplementary Document for the Product Disclosure Statement dated 21 December 2023 (“PDS”) for the issue
of units in the Booster Innovation Fund
This document is to be read together with the PDS.
This supplementary document replaces the supplementary document dated 4 July 2024 lodged in relation to the PDS.
This supplementary document has been prepared to update information in relation to the The Booster Innovation Fund
Sub-Committee and Board of Directors.
Supplementary Information
Supplementary Document
11 July 2024
Booster Innovation Scheme
Include under The Booster Innovation Fund Sub-Committee, next to Nic Craven:
From 30 July 2024 Nic Craven will step down from the Booster Innovation Fund Sub-Committee, coinciding with
Nicolas Williams’ appointment.
Include under Key Management Team Personnel:
Remove under Key Management Team Personnel:
From 11 July 2024 the Booster Innovation Fund Sub-Committee and Key Management Team Personnel on page
36 has been updated to include Nicolas Williams as a recently appointed Booster Innovation Fund Sub-Committee
member, this appointment is effective 30 July 2024. This will coincide with Nic Craven (Chief Investment Officer)
stepping down from the Booster Innovation Fund Sub-Committee and will continue to provide oversight from his
ongoing role at the Booster Investment Management Limited Investment Committee. The changes are as follows:
Include under The Booster Innovation Fund Sub-Committee:
Nicolas Williams, Wellington (Head of Direct Investments and Investment Committee
Member) – effective 30 July 2024
LLB, BCom, MBA, MINstD
Nicolas has over 20 years of investment and commercial experience spanning corporate
strategy, operations and capital markets. Nicolas has held senior roles at Macquarie, NZ
Treasury and Z Energy, as well as a number of governance and advisory roles. Acting at
times as both advisor and principal, Nicolas has completed corporate transactions with
an aggregate capital value of over NZ$8 billion across a wide range of industries and
geographies.
Nicolas Williams, Wellington
See Nicolas’ details above.
Nic Craven, Wellington
See Nic’s details above.

Brendon Doyle, Wellington (Investment Committee Member)
BBS, COP Management Accounting and Auditing
Brendon brings 30 years of financial markets experience, working in both the private and
government sectors. Brendon has held senior roles with New Zealand Treasury, Westpac
Banking Corporation, and the Rural Bank.
From 25 June 2024 an update to the Booster Innovation Fund Board of Directors on page 35. This now includes
Dianne Day’s appointment as a Director to the Manager’s Board of Directors. The changes are as follows:
Include:
Dianne Day, Sydney – appointment effective from 1 July 2024
BA, MBA (Hons), FINSIA, Fellow of the Australian Institute of Company Directors
Dianne is an independent director and is an accredited professional trustee with significant
experience in the investment management industry. Dianne spent a number of years
in senior commercial roles in New Zealand and Australia and the past 10 years as a
professional independent trustee for a number of regulated pension schemes in the UK.
Dianne’s commercial and fiduciary experience combine to offer a unique blend of business
expertise and customer insight to her board appointments.
From 21 February 2024 the Booster Innovation Fund Sub-Committee on page 36 has been updated to remove
Brendon Doyle as an Investment Committee member. The changes are as follows:
Remove:
From 3 July 2024 an update to the Booster Innovation Fund Board of Directors on page 35. This has been updated to
remove Richard Kirkland as a Director of the Manager’s Board of Directors. The changes are as follows:
Remove:
Richard Kirkland, Wairarapa
BCom, MBA, CA, CFA, Member of NZ Institute of Directors and Institute of Internal Auditors
Richard is an independent director on our board of directors, and chairman of our
Audit, Risk and Compliance Committee. Richard has over 30 years of risk and financial
management experience across private and public sectors. Richard has worked with many
market participants and regulators in the financial services sector, has a strong practical
knowledge of the New Zealand regulatory regime, and continues to practice as a consultant
assisting organisations respond positively to regulatory change.