National Tyre & Wheel Limited announces that Mr. William (Bill) Cook, Independent Non-Executive Director, has retired as a Director of the Company, as previously announced on 13 December 2023. Bill has acted as Chairman of the Audit & Risk Committee since 2017 and will be replaced in that role by Mr. Ken Gunderson-Briggs upon Bill's retirement. Bill has been a Director of NTD since 2013, before listing on the ASX, and made a significant contribution to the organic and acquisitive growth of the business.

Bill's experience, insights and mentorship were greatly valued by the Board and management.