Announcement • Jul 03
WhiteHawk Limited Announces the Appointment of Giuseppe Porcelli as Non- Executive Chair, Effective 1 July 2026 WhiteHawk Limited announced the appointment of Mr. Giuseppe Porcelli as Non- Executive Chair, effective 1 July 2026. This appointment reflects the Board's commitment to establishing a clear separation between the Non-Executive Board and the Company's Executive and senior management team, to provide greater oversight and robust governance as the Company scales. The Non-Executive Board will provide strategic oversight and governance leadership, while the Company continues to actively build out its Executive and senior management team to drive operational execution and growth. Mr. Porcelli's remuneration remains as previously reported and continues to form part of the non- executive director remuneration pool. The Board will continue to assess the roles of the Directors and their remuneration package proportionate to the level of their time and work commitments. At this time there are no changes to the remuneration of Directors, and the Board will provide an update if there are any further changes. In conjunction with the current Board leadership review, the Board advise that it is in the process of finalising the appointment of a new Australian based CEO to drive the current WHK business together with the Quixxi Clarity AI business in Australia to grow the Company's presence in the Australian market and will provide further information to the market in due course. As announced on 20 April 2026, Ms Terry Roberts retires as Chair and Executive Director effective 30 June 2026. Announcement • May 30
WhiteHawk Limited Announces Board Changes WhiteHawk Limited advised that at the conclusion of the Annual General Meeting held on May 29, 2026, Ms Melissa King retired as a Non-Executive Director of the Company, concluding a period of service to the Board since her appointment in November 2020. The Company also announced that shareholders approved the appointment of Mr. Demetrio Russo and Ms Lisa Wade as Independent Non-Executive Directors at the Annual General Meeting held on May 29, 2026. Mr. Demetrio Russo is a global telecom and digital platform executive with over 25 years of leadership across North America, Europe and the GCC, with a proven track record of scaling businesses, leading turnarounds and driving large-scale transformation in complex and highly competitive markets. While Mr. Russo has not previously held an ASX directorship, he brings significant international executive and commercial experience to the Company. Ms Lisa Wade is a senior financial services executive with more than 30 years’ experience across global financial markets, funds management, investment banking, ESG product development, digital assets and real-world asset tokenisation. Ms Wade has ASX-listed company experience and was named FinTech Australia’s Female FinTech Leader of the Year in 2024. Board Change • May 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Brian Hibbeln was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
