CTI LOGISTICS LIMITED — Board/Management Information 2021

Sep 2, 2021

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2 September 2021

ABN 69 008 778 925

1 Drummond Place West Perth WA 6005

Postal Address PO Box 400 West Perth Western Australia 6872 Telephone (08) 9422 1100 Facsimile (08) 9227 8000 Email corporate@ctilogistics.com Web www.ctilogistics.com

Company Announcements ASX

Via ASX Online

CTI Logistics Limited announces the appointment of Non-Executive and Executive Directors

CTI Logistics Limited (CTI) wishes to advise that Mr William Moncrieff has been appointed as a non­executive director with effect from 2 September 2021.

Mr Moncrieff is a corporate lawyer practising in the areas of corporate, commercial and resources law, including corporate advisory, corporate governance and compliance.

Mr Moncrieff is counsel with the law firm Blackwall Legal LPP and a proprietor of the legal consulting practice McKenzie Moncrieff Consulting and has previously been a partner with leading independent WA law firm Jackson McDonald, a director of boutique corporate law firm McKenzie Moncrieff Lawyers, a partner of the national law firm Clayton Utz and an executive officer with ASX Limited. During his career of 30 years Will has advised many listed companies on corporate compliance, mergers and acquisitions, capital raisings, public offerings and commercial contracts.

CTI also wishes to advise that Mr Matthew Watson and Mr Owen Venter have been appointed as executive directors with effect from 2 September 2021.

Mr Watson has been employed in the executive team at CTI Logistics since January 2019 and previously was a non­executive director of CTI Logistics from 2010 to 2019 and a member of the Audit and Risk committee. During his career of 20 years, Mr Watson has worked for Rio Tinto in Perth, Cisco Systems in London and Accenture in Europe in various financial and project management positions. Mr Watson is a Chartered Management Accountant (CIMA).

Mr Venter has been employed at CTI Logistics since February 2014 and was appointed Company Secretary in August 2016. Mr Venter has previously been a director with PricewaterhouseCoopers in the UK as well as a senior manager with KPMG in Perth. During his career of over 30 years he has worked in audit and advisory in public accounting in South Africa, the UK and the US across various industries and sectors. Mr Venter is a Chartered Accountant (ICAS).

This announcement was authorised to be given to the ASX by the CTI Logistics Limited board.