AMENDED LIC Appoints New Director

LIC is the trading name of Livestock Improvement Corporation Limited



Private Bag 3016
Hamilton 3240
New Zealand


Market Statement
7 July 2025

0800 651 156
www.lic.co.nz

LIC Board appoints new Director

Livestock Improvement Corporation (NZX: LIC) is pleased to announce the appointment of
Blair O’Keeffe as Board Director, effective immediately.

Blair brings significant international and local senior executive and governance experience
across multiple sectors, including energy, retail, automotive, health, transport, infrastructure,
property and regulatory.

LIC Board Chair, Corrigan Sowman, says Blair’s commercial experience will play a vital role
in supporting the co-operative’s strategic objectives.

“I see Blair bringing skillsets which will really help our Co-operative develop. His global
perspectives and extensive market and customer experience will be key to delivering to the
changing needs of our farmer owners.”

Blair is currently the Chair of NZX listed Napier Port, Chair of the Hawke's Bay Regional
Recovery Agency, Deputy Chair Unison Networks, Non Executive Director Clarus and
Chair Hawke’s Bay Rescue Helicopter Trust. He is former Chair of the Crown Entity
Maritime NZ, and former Non Executive Director of previously NZX listed Z Energy.

Blair replaces Tim Gibson, who will step down as an Appointed Director at LIC’s Annual
Meeting in September. Shareholders will have the opportunity to ratify Blair’s appointment
at the 2025 Annual Meeting.

ENDS

For any shareholder enquiries please phone 0800 264 632
For media enquiries, please contact Kellie Addison 021897548

About LIC
LIC is a farmer-owned co-operative and world leader in pasture based dairy genetics and herd management. LIC exists to deliver
superior genetics and technological innovation to help its shareholders sustainably farm a profitable animal.
With origins dating back to 1909, LIC has a long history of developing and delivering world-leading innovations for the dairy industry. The
co-op continues to be one of the sector’s biggest private investors in research and development. www.lic.co.nz