Anthony Beverley

Anthony Beverley has served on the Board of PFI for 24 years and had been Chair of the Board for five years until stepping down from that role on 3 April 2024. When assessing independence, the Board considered the effect of Anthony Beverley's length of tenure, and has concluded that his length of tenure has not in practice impaired his ability to bring an independent view to decisions in relation to the Company, act in the best interests of the Company, and represent the interests of the Company's financial product holders generally, having regard to, amongst other things, the other factors described in the NZX Code that may impact Director independence.