MEDIA RELEASE

It is with great pleasure that Quayside Holding Limited (Quayside) announces the appointment by the Bay of Plenty Regional Council (BOPRC) of three (3) Independent Directors to the Board of Quayside for a three-year period. Quayside is a Council Controlled Trading Organisation of the BOPRC. We welcome David Fear, Mark Wynne and Fraser Whineray to Quayside from 1 October 2023.

David Fear has most recently been the Managing Director, Head of Markets, for Jarden Securities Limited, a leading Australasian wealth management and investment banking firm. While at Jarden, David held senior roles across its Institutional, Private Wealth and Investment Banking businesses. Across a 40 year career in financial markets, David has also held a series of senior roles working in Australia, Hong Kong, Tokyo and New York for Citigroup and ANZ Securities, providing a wealth of experience in the investment sector and beyond, which is well suited to Quayside’s mandate.

Fraser Whineray, who was most recently the Chief Operating Officer at Fonterra, comes from a strong venture capital and investment background, as well as numerous senior executive roles, including CEO of Mercury. Fraser has also held governance roles with Tilt Renewables and Opus International Consultants (now WSP) and is an Independent Director of AgriZero. Fraser’s blend of investment, senior executive and governance experience strengthens our governance capability as we look to our future.

Mark Wynne has held a series of Director roles across the health and tech industries and is currently concluding his role as CEO of Ballance Agri-Nutrients New Zealand after nine years. Mark has also previously held senior executive positions at Fonterra, Kimberly-Clark and the New Zealand Dairy Board. Mark is well connected to the Bay of Plenty region and beyond, providing sound insight into both the challenges our region faces, as well as our opportunities.

Sir Robert McLeod KNZM, current Chair and Independent Director of Quayside concludes his tenure on 31 October 2023. Sir Robert’s exceptional contribution over the last seven years has seen Quayside’s assets more than double to $3.2 billion (June 2022) and our total dividend to the BOPRC grow to $430 million (June 2023).

Brett Hewlett also ends his tenure on 31 October 2023 as an Independent Director, part of our governance team that has championed significant growth for Quayside and our community since November 2017. He will be greatly missed.

The Quayside Board will appoint a new Chair which will be announced in due course. We thank both Sir Robert and Brett Hewlett for their outstanding contribution to Quayside and the wider Bay of Plenty community.

ENDS

For further media information, please contact enquiries@quaysideholdings.co.nz