Financial markets Practice Third Quarter 2018

Chief Financial Officers Practice Quarterly Newsletter July 2018 –September 2018 Movements

CEO, ASX 100

BACKGROUNDBlenheim Partners specialise in:▪ Executive Search;▪ Non-Executive Director Search;▪ Board Strategy and Structure Consulting;▪ External Succession Planning; and▪ Executive Re-Engagement / Transition.Founded in 2012, our team have acted as specialist Psychologists, Coaches and exceptionallyadviser to many of the world’s leading experienced Researchers.corporations on Board and Executive performance,capability and succession planning. Blenheim Partners is continually investing in knowledge and understanding as exemplified byOur consultants have worked with clients from all our Thought Leadership “The Challenges ofsectors and a broad range of geographies. They Attaining Growth”, Industry Papers and monthlyinclude over 80 of the ASX 100, 10% of the FTSE Market Intelligence reports.100, Private Equity, Multinational, Private Familyand Mutually Owned Companies. Our philosophy is to develop deep and committed relationships with a select number of clients andOur work includes assignments that are both local help them deliver a superior performance byand international in scope. optimising the composition of their Board and Executive team.Our team consists of senior SearchConsultants, Human Resource Directors, Our culture is built on pride, professionalism, esprit de corps and client service.

BLENHEIM PARTNERS FINANCIAL MARKETS PRACTICEThe Financial Officers Practice is dedicated to providing Executive Search consultancyservice to organisations for the following roles: • Chief Financial Officer/Finance Director; • Group Financial Controller/Deputy Finance Director; • Divisional Controller/Divisional Finance Director; • Group Finance; • Tax; • Treasury; • Mergers & Acquisitions/Corporate Finance; • Corporate/Business Development; • Audit/Risk/Governance; and, • Investor Relations.Diversity and Tenure of ASX300 Chief Financial Officers: Diversity and Tenure of Current ASX 300 Chief Financial Officers (%)Over 5-year Tenure 30th June 2018 Non-Caucasian 30th September 2018 Female 0 10 20 30 40 50 60 70 80 90 100• Female: There are 38 female CFOs in the ASX300 as of 30 September 2018, which is 13% of the CFO population. There is no change from last quarter.• Non-Caucasian: There are 13 Non-Caucasian CFOs in the ASX300 as of 30 September 2018, which is 4% of the CFO population. This is a 1% decrease from last quarter.• Over 5-year tenure: There are 103 CFOs in the ASX300 as of 30 September 2018 with a tenure over 5 years in the same company, which is 34% of the CFO population. This is a 2% decrease from last quarter.

NEWS – WHO’S MOVING?• 1st Group Ltd: Richard Rogers has been appointed Chief Financial Officer, Graham Mason has resigned as Chief Financial Officer.• 3P Learning Ltd: Simon Yeandle has been appointed Chief Financial Officer effective December 2018, Jonathan Kenny has resigned as Chief Financial Officer.• AGL Energy Ltd: Andy Vesey has resigned as Managing Director and Chief Executive Officer, current Chief Financial Officer Brett Redman has been appointed Interim Chief Executive Officer effective 24 August 2018, Damien Nicks has been appointed Interim Chief Financial Officer.• Alexium International Group Ltd: Jason Lewis has been appointed Chief Financial Officer effective 22 October 2018, Aaron Krech has resigned as Chief Financial Officer effective 30 September 2018.• ALS Ltd: Richard Stephens has resigned as Chief Financial Officer effective November 2018, Luis Damasceno has been appointed Chief Financial Officer.• Amaysim Australia Ltd: Gareth Turner has been appointed Chief Financial Officer, effective end of November 2018. Leanne Wolski has resigned as Chief Financial Officer, effective 26 October 2018.• Atlas Arteria Ltd: Nadine Lennie has been appointed Chief Financial Officer Elect, effective 16 July 2018.• Aurora Funds Management Ltd: Adrian Martin has resigned as Chief Financial Officer and Company Secretary, effective 30 August 2018.• Automotive Holdings Group Ltd: Adam Irving has been appointed Chief Financial Officer.• Bendigo and Adelaide Bank Ltd: Travis Crouch has been appointed Chief Financial Officer.• BrainChip Holdings Ltd: Ryan Benton has resigned as Chief Financial Officer, effective 14 September 2018.• Breville Group Ltd: Martin Nicholas has been appointed Chief Financial Officer, effective 10 September 2018.• Centrepoint Alliance Ltd: John Cowan has resigned as Chief Financial Officer, effective November 2018.• Centrex Metals Ltd: Mark Terry has been appointed as Chief Financial Officer, effective 27 August 2018.• Chorus Ltd: David Collins has been appointed Chief Financial Officer effective December 2018, current Chief Financial Officer Andrew Carroll will be transitioned to General Manager Network and Field Management.• Contact Energy Ltd: Dorian Devers has been appointed Chief Financial Officer, effective December 2018.• GBST Ltd: Gareth Turner has resigned as Chief Financial Officer, effective end of November 2018.• Iluka Resources Ltd: Doug Warden has resigned as Chief Financial Officer and Head of Strategy and Planning, Adele Stratton has been appointed Chief Financial Officer.

• iSelect Ltd: Nadine Lennie will not be commencing as Chief Financial Officer, Vicki Pafumi has been appointed Chief Financial Officer.• Isentia Group Ltd: James Orlando has resigned as Chief Financial Officer.• K&S Corporation Ltd: Wayne Johnston has been appointed Chief Financial Officer effective 2 October 2018, Bryan Walsh has retired as Chief Financial Officer.• Kidman Resources Ltd: Frederick Kotzee has been appointed Chief Financial Officer, effective 13 August 2018.• Mineral Resources Ltd: Mark Wilson has been appointed Chief Financial Officer effective 27 August 2018, Bruce Goulds will formally retire as Chief Financial Officer and Company Secretary 6 December 2018.• Money3 Corporation Ltd: Siva Subramani has been appointed Chief Financial Officer, effective 23 August 2018.• Orica Ltd: Vince Nicoletti has resigned as Chief Financial Officer, Christopher Davis has been appointed Chief Financial Officer effective 1 October 2018.• Pro-Pac Packaging Ltd: Rick Rostolis has been appointed Chief Financial Officer and Company Secretary, Mark Saus has resigned as Chief Financial Officer and Company Secretary, effective 1 October 2018.• Special Broadcasting Service: Chief Financial Officer James Taylor has been appointed Interim Managing Director, effective October 2018.• Superloop Ltd: Jon Tidd has been appointed Group Chief Financial Officer, Paul Jobbins has resigned as Chief Financial Officer.• Telstra Corporation Ltd: Robyn Denholm has been appointed Chief Financial Officer and Head of Strategy, Warwick Bray has resigned as Chief Financial Officer, effective 30 September 2018.• The Citadel Group Ltd: Jenny Martin has been appointed Chief Financial Officer and Joint Company Secretary effective 20 August 2018, Robert (Andrew) Burns has resigned as Chief Financial Officer and Joint Company Secretary effective 20 August 2018.• Webster Ltd: John Tyndall has been appointed Chief Financial Officer, effective January 2019.• Xero Ltd: Sankar Narayan has resigned as Chief Operating and Financial Officer effective end of December 2018, Kirsty Godfrey-Billy has been appointed Chief Financial Officer effective 1 October 2018.