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Pacific Edge Names Simon Flood Chairman Designate

Director Appointment3 December 2025PEBHealthcare

4 DECEMBER 2025



PACIFIC EDGE NAMES SIMON FLOOD CHAIRMAN DESIGNATE

DUNEDIN, New Zealand – Cancer diagnostics company Pacific Edge (NZX, ASX: PEB) today

announces the appointment of Mr Simon Flood as a Director and Chairman Designate.

Mr Flood is to replace Chris Gallaher who in September 2024 — at the invitation of Pacific

Edge Directors — delayed his retirement until a successor was appointed. Mr Flood will join

the Board today and will assume the role of Chairman at the conclusion of the next Board

meeting on 18 December 2025.

Mr Flood brings a wealth of experience in business leadership and a global perspective on

capital markets and investment management. He has held senior investment management and

leadership roles in London, Hong Kong and Singapore with Mercury Asset Management, Axa

Investment Management, Lion Global Investors and Merrill Lynch Investment Managers. He

has also worked as an Executive Director at UK-based, technology-focused venture capital

firm Imprimatur Capital.

Since returning to New Zealand in 2015, he has been appointed to several governance

positions across a variety of sectors. He is currently Chairman of Queenstown Airport, a recent

appointee to the Tertiary Education Commission, and several South Island organisations.

Pacific Edge Chair Chris Gallaher said: “We are delighted Simon has agreed to join the Board

and take on the Chairman role. With Pacific Edge now in the strongest position yet to regain

Medicare reimbursement of Cxbladder in the US, Simon’s deep understanding of capital

markets and how to scale innovative technology businesses will be of enormous value to the

company.

“I am meanwhile looking forward to my, long-delayed retirement. My confidence in the future

of the company remains strong. I am delighted to be leaving the Board leadership of Pacific

Edge in such capable hands and look forward to following, and as a shareholder sharing in,

the company’s success.”

Mr Flood said: “I am looking forward to joining the Board and stepping into the Chairman role

at the conclusion of the December Board meeting. Pacific Edge is the first mover and market

leader in bladder cancer diagnostics offering clinical utility, patient satisfaction and economic

value to healthcare payers around the world. This proposition is backed by the highest quality

evidence and an ongoing robust evidence generation program that will entrench its leadership.

“The immediate challenge before the company is to overcome the restrictive decisions on

Medicare coverage of Cxbladder. However, I share the Board’s view that with the landmark

inclusion of Cxbladder Triage in the 2025 revision to the American Urological Association’s

Microhematuria Guideline, that clinical and healthcare payer policy maker opinion is now

turning in the company’s favor. This paves the way for a return to growth, and I am looking

forward to working with my fellow Directors, Chief Executive Dr Peter Meintjes and his team

through this next phase.”



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Pacific Edge Independent Director Bryan Williams thanked Mr Gallaher for the support and

leadership of the company through what has been one of the most challenging periods in the

company’s history.

“Chris has over the last two years put the interests of Pacific Edge and its shareholders above

his own, providing stability and confidence to its stakeholders amid the continued uncertainty

over the Medicare coverage status for the company’s tests.

“With the appointment of Simon, and our Medicare Administrative Contractor Novitas

convening an expert panel in February 2026 to consider the evidence and clinical opinion

supporting the use of our tests, typically a step that precedes the opening of a new or

substantially revised Medicare coverage determination, Chris leaves the company in a strong

position. The Board, on behalf of shareholders, thanks him for his leadership of the company

over the last nine years.”

Investors: Media:

Dr Peter Meintjes Richard Inder

Chief Executive The Project

Pacific Edge P: +64 21 645 643

P: 022 032 1263

OVERVIEW

Pacific Edge: www.pacificedgedx.com

Pacific Edge Limited (NZX/ ASX: PEB) is a global cancer diagnostics company leading the way

in the development and commercialization of bladder cancer diagnostic and prognostic tests

for patients presenting with hematuria or surveillance of recurrent disease. Headquartered in

Dunedin, New Zealand, the company provides its suite of Cxbladder tests globally through its

wholly owned, and CLIA certified, laboratories in New Zealand and the USA.

Cxbladder: www.cxbladder.com

Cxbladder is a suite of non-invasive genomic urine tests optimized for the risk stratification of

urothelial cancer in patients presenting with microhematuria and those being monitored for

recurrent disease. The tests help improve the overall patient experience, while prioritizing time

and clinical resources to optimize practice workflow and improve efficiency.

Supported by over 20 years of research, Cxbladder’s evidence portfolio extends to more than

25 peer reviewed publications, and Cxbladder Triage is now included in the American

Urological Association’s Microhematuria Guideline. To drive increased adoption and improved

patient health outcomes, Cxbladder is the focal point of numerous ongoing and planned studies

designed to generate further clinical utility evidence.

Cxbladder is available in the US, Australasia, and Israel and in markets throughout Asia and

South America. In the US, the test has been used by over 5,000 urologists who have ordered

more than 130,000 tests. In New Zealand, Cxbladder is accessible to around 70% of the

population via public healthcare and all residents have the option of buying the test online.



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