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Change of CFO

Juli 11, 2016

ASX Announcement

Wellard Ltd (ASX:WLD) (Wellard or the Company) advises that its Chief Financial Officer, Mr Greg Wheeler, will move from his role with Wellard to that of Chief Executive Officer with the Company’s former parent company and major shareholder WGH Holdings Pty Ltd (WGH), effective from 11 July 2016 and has become a Non-Executive Director of Wellard.

The Board has appointed highly experienced listed company Chief Financial Officer, Mr Alan Rule, as interim CFO for a 6 month period pending consideration of a permanent CFO appointment. During the last 10 years, Mr Rule has served as the Chief Financial Officer for Perth based listed companies Sundance Resources Limited, Paladin Energy Limited and Mount Gibson Iron Limited. Mr Rule is a
Chartered Accountant having commenced his professional career with KPMG.

Mr Rule will commence on 11 July 2016 and work with Mr Wheeler to ensure an orderly handover. The Board would like to thank Mr Wheeler for the work done in achieving the listing of Wellard and the transition to a public company as CFO and looks forward to his contribution as a Non-Executive Director.

For further information:

Investors
Mauro Balzarini, Managing Director
Phone: + 61 8 9432 2800

Media
Shaun Duffy, FTI Consulting
Phone: + 61 8 9485 8888
Mobile: +61 (0) 404 094 384

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