Upcoming Dividend • Jan 24
Upcoming dividend of AU$0.14 per share at 23% yield Eligible shareholders must have bought the stock before 31 January 2023. Payment date: 08 February 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 23%. Within top quartile of Australian dividend payers (6.7%). Higher than average of industry peers (3.4%). Announcement • Dec 02
New Energy Solar Limited Announces Resignation of Liam Thomas as CEO, Effective 31 December 2022 New Energy Solar Limited announced changes to the Company's external management arrangements following completion of the U.S. asset sale by way of the sale of NEW's shareholding in NES Galaxy, LLC to MN8 Energy which was announced on 21 November 2022. Liam Thomas has resigned as CEO of the Company and his last day will be 31 December 2022. Announcement • Dec 01
New Energy Solar Limited Announces Board Changes New Energy Solar announced changes to the board of the Company (Board) following completion of the U.S. asset sale through the sale of NEW's shareholding in NES Galaxy, LLC to MN8 Energy which was announced on 21 November 2022. Mr. Jeff Whalan, Chair, has resigned as Chair and a director of the Company, effective 1 December 2022. In addition, Mr. John Martin and Ms Maxine McKew have resigned as non-executive directors of the Company, effective 1 December 2022. Non-executive director, Mr. James Davies, has been appointed to the role of Chair of the Company and Ms Caroline Purtell, who is also the NEW Company Secretary, has been appointed as a non- executive director of the Company, date of appointment 1 December 2022. Non-executive director, Mr. John Holland, remains on the Board. These changes to the Board are consistent with the intention of the Board to wind up the Company by the end of 2023. Shareholder value remains the Board's priority, including the need to reduce running costs and maximise final proceeds, as the Company is wound up. 
