Auswide Bank Ltd. announced that Mr. Dangerfield retires as a non-executive director of the Board effective 27 November 2022. Mr. Dangerfield served on the Board of Auswide Bank as an independent, non-executive director for the past 11 years. Mr. Dangerfield served as Chairman of the Board Remuneration Committee and the Board Credit Committee and was a member of the Board Audit Committee and the Board Risk Committee.

Mr. Dangerfield's retirement from the Board takes effect from 27 November 2022. The Board will keep the market notified as a replacement for Mr. Dangerfield is announced. In the interim, Ms. Jacqueline Korhonen has been appointed Chair of the Remuneration Committee, and Mr. Greg Kenny Chair of the Board Credit Committee until such time that the company appoints a replacement for Mr. Dangerfield.