Ingenia Communities Group announced the appointment of Mr. John Carfi as Chief Executive Officer, effective 1 April 2024. John brings to the role more than 20 years of large company leadership experience and extensive real estate expertise. He developed his career in two of Australia's leading public property companies, Lendlease Group and Mirvac, culminating in him being appointed CEO of Residential Development at Mirvac.

More recently John was the CEO of Emaar Properties (USD 37 Billion Dubai based real estate company) and CEO of Aqualand Australia. John has significant experience in developing and operating property businesses in both global and local contexts and a demonstrated ability to set and deliver on strategy. Incumbent Managing Director and CEO, Simon Owen, will proceed to step back from day-to-day operational activities of the business in February.

Justin Mitchell, the Group's Chief Financial Officer, will oversee day-to- day business operations ahead of John's commencement.