Announcement • May 30
Ariadne Australia Limited Announces Passing of John Murphy, Independent Non-Executive Director and Audit and Risk Management Committee Chairman Ariadne Australia Limited Announced the Passing of Mr. John Murphy, Independent Non-Executive Director and Audit and Risk Management Committee Chairman, on 26 May. John was an inspirational leader, an innovative and strategic thinker and a compassionate mentor. Through his many significant contributions to the Company during his 19 years on the Board, he helped transform Ariadne into the company that it is today. John was appointed as a Director of Ariadne on 6 December 2006 and Chairman of the Audit and Risk Management Committee on 18 March 2008. He was formerly a partner in international accounting firm Arthur Andersen where he specialised in mergers and acquisitions and insolvency and reconstruction. He held management positions in that firm at the Australian, regional and global level. He has also spent twenty years as the founder and managing director of various private equity funds including Investec Wentworth Private Equity Limited and Adexum Capital Limited. He was a Director of Investec Bank Australia Limited from 2004 until 2013 and Chairman of Alloggio Group Limited (appointed 6 August 2021) before the company was taken private in July 2023. Mr. Murphy had extensive public company experience having been a Director of listed companies Shriro Holdings Limited, Southcorp Limited, Specialty Fashion Group Limited, Vocus Communications Limited, Gale Pacific Limited, Redflex Limited, and Australian Pharmaceutical Industries Limited. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Non-Executive Alternate Director Kevin Seymour was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Declared Dividend • Mar 02
Final dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 13th March 2026 Payment date: 26th March 2026 Dividend yield will be 1.9%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 
