Douglas McKay to retire from the BNZ Board

Exchange announcement 15 March 2024 Douglas McKay to retire from the BNZ Board BNZ today announced that Douglas McKay, ONZM, is retiring as a director of BNZ, effective 31 May 2024. Mr McKay has been a member of the BNZ Board since 5 March 2013 and has been the Chair since 1 August 2015. The BNZ Board has appointed Warwick Hunt, MNZM, to replace Mr McKay as the new Chair, effective 1 June 2024. Mr Hunt joined the BNZ Board on 1 November 2022 and is currently the Chair of the Board Audit Committee and a member of the Board Risk and Compliance Committee and the Board Due Diligence Committee. BNZ Chief Executive Officer Dan Huggins has acknowledged the outstanding contribution made by Mr McKay as a director and as Chair of the BNZ Board over a considerable number of years and wishes him well for the future. Ends For further information, please contact: Michelle Sutcliffe, GM Governance and BNZ Company Secretary M. 021 306 985, E. michelle_sutcliffe@bnz.co.nz End CA:00428060 For:BNZ Type:ADMIN Time:2024-03-15 11:00:18