CAR GROUP LIMITED — Board/Management Information 2019

Apr 30, 2019

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carsales.com Ltd appoints David Wiadrowski to Board of Directors

1 May 2019

carsales.com Limited (ASX: CAR) today announced that David Wiadrowski has been appointed to its Board of Directors as a Non-Executive Director and Chair of its Audit Committee effective 23 May 2019.

Mr Wiadrowski is an experienced Non-Executive Director with strong financial credentials. Mr Wiadrowski was a partner at PricewaterhouseCoopers for 25 years, including 5 years as Chief Operating Officer of PwC Assurance, during which he was responsible for the day to day operations of the firm’s largest business consisting of 160 partners and 1,800 staff. During his time at PwC, Mr Wiadrowski had a focus on technology, infocoms, entertainment and media, and was the lead audit partner for a number of the firm’s major clients, including Network Ten, Seven West Media, APN News & Media and APN Outdoor.

Mr Wiadrowski is currently a Non-Executive Director and Chair of the Audit and Risk Committee of ASX listed Vocus Group Limited and holds the same roles on the board of Life360 that will list on the ASX on 10 May 2019. Mr Wiadrowski was previously a Non-Executive Director of the Elevacao Foundation, established to support and mentor early stage female technology entrepreneurs; and a Board Member of PwC Securities and PwC Indonesia.

carsales Chair, Pat O’Sullivan commented on the appointment “We are very fortunate that David has agreed to join the carsales Board. David has the strong background in finance and audit desirable for a Chair of an Audit Committee, as well as extensive experience in the technology space. I am confident that he will make a valuable contribution to the Board as a whole, and my fellow Directors and I are looking forward to working with David in his new role.”

The position of Chair of the carsales Audit Committee became vacant when previous Committee Chair Mr O’Sullivan accepted the position of Chair of the Board of Directors in November 2018. In the interim, NonExecutive Director Edwina Gilbert acted in the position pending a permanent appointment.

Mr Wiadrowski holds a Bachelor or Commerce from the University of NSW, is a Graduate of the AICD’s Company Directors Course and is a Fellow of the Chartered Accountants of Australia and New Zealand.

Mr Wiadrowski brings the number of carsales directors to seven.

ENDS

About carsales.com Ltd

carsales.com Ltd (ASX: CAR) is the largest online automotive, motorcycle and marine classifieds business in Australia. Attracting more Australians interested in buying or selling cars, motorcycles, trucks, caravans and boats than any other classified group of websites. The carsales network of websites includes carsales.com.au, Australia's number one automotive classified website, motoring.com.au, bikesales.com.au, boatsales.com.au, RedBook.com.au as well as leading caravan, truck and machinery classified websites. Together with its subsidiaries employing more than 700 people in Australia. In addition to its Australian operations carsales develops world leading technology and advertising solutions that drive its business around the world. The carsales network has operations across the Asia Pacific region and has interests in leading automotive classified businesses in Brazil, Mexico, Chile, South Korea, Malaysia, Indonesia and Thailand.