Non-executive Director Fred Lax resigns from the IKE Board

1


For immediate release, 3 August 2026
Non-executive Director Fred Lax resigns from the IKE Board

ikeGPS Group Limited (ASX/NZX:IKE) or IKE, today announces that non-executive director Fred Lax has
resigned from the IKE Board, being effective on 31 July 2026 (United States time).
Fred has served as a non-executive director of IKE for approximately 12 years, having joined the Board
immediately following the company’s initial public offering in 2014. Over that time, he has been
instrumental in shaping IKE’s strategy and, as Chair of the Audit and Risk Committee, overseeing the
financial governance and risk management foundations that have supported the company’s growth.
Following Fred’s departure, Rod Snodgrass has been appointed Chair of the Audit and Risk Committee.
Rod also brings a depth of experience to this position, also as a Fellow Charted Accountant and
member of the New Zealand Institute of Directors.
IKE Chair, Alex Knowles, said: “On behalf of the Board, I would like to thank Fred greatly for his input and
energy throughout his tenure at IKE. While the company has been on a consistent growth path — from
an early-stage business at the time of listing in 2014 to the established software platform now serving
the North American electric utility and communications markets — Fred’s guidance, and his
stewardship of our Audit and Risk Committee, has been a constant. We wish him all the very best for
the future.”
Fred Lax said: “It has been a privilege to serve on the IKE Board since the company’s listing. I leave
immensely proud of what the team has built and remain confident that IKE is well positioned to realise
the significant opportunity ahead across the electric utility and communications markets. I remain a
committed shareholder.”


ENDS

About IKE
We are IKE, the PoleOS™ Company. IKE aims to become the standard for collecting, digitizing, analyzing
and managing pole and overhead asset information for electric utilities, communications companies,
and their engineering service providers.
The IKE platform enables electric utilities, communications companies, and their engineering service
providers to enhance speed, quality, and safety in the construction and maintenance of distribution
power networks.
The core revenue engine for IKE is driven by the number of enterprise customers subscribing to the IKE
platform and the volume of assets being processed through IKE's software.
Contact:
Glenn Milnes
CEO & Managing Director
+1 720-418-1936
Simon Hinsley
Investor Relations
+61-401-809-653

2
glenn.milnes@ikegps.com simon@nwrcommunications.com.au

ikeGPS Group Limited
329 Interlocken Parkway, Suite 120, Broomfield CO 80021, USA
Office: +1 303 222 3218
www.ikegps.com