Appointment of non-executive directors

13 January 2023

Appointment of non-executive directors

Dexus is pleased to announce the appointment of Paula Dwyer and Rhoda Phillippo to the Board of Dexus Funds Management Limited (DXFM) as independent non-executive directors, effective 1 February 2023.

Ms Dwyer has been a Chair and a non-executive director for over 20 years, with extensive experience across banking and financial services, investment management, property and construction, healthcare, energy and utilities. Her executive career was in investment banking with both Australian and international companies operating in Australia including Ord Minnett (now J P Morgan) and Price Waterhouse (now PricewaterhouseCoopers). Ms Dwyer is currently Chair of Allianz Australia and Elenium Automation and a non-executive director of Lion Beverages Group and a member of the Australian Government’s Takeovers Panel.

Ms Phillippo has considerable international experience across the energy, financial services, telecommunications, and technology sectors. She has deep experience in the infrastructure sector having held executive roles at HRL Morrison & Co and Lumo Energy. Ms Phillippo is currently Chair of Kinetic IT and a non-executive director of APA Group and Pacific Hydro. She was formerly a non-executive director of Datacom Group, Vocus Group and LINQ, Chair of Snapper Services New Zealand and Deputy Chair of Kiwibank in New Zealand.

Warwick Negus, Chair of the DXFM Board said: “I am delighted to welcome Paula and Rhoda to Dexus. These are two highly skilled directors who will bring extensive infrastructure and listed experience to the Board.

“These appointments reflect our ongoing commitment to maintain Board diversity across skills and experience.”

Ms Dwyer and Ms Philippo will both join the Board Nomination Committee and stand for election at Dexus’s next Annual General Meeting, to be held on 25 October 2023.

Authorised by the Board of Dexus Funds Management Limited.