DUSK GROUP LIMITED — Board/Management Information 2023

Jan 24, 2023

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ASX Release

25 January 2023

CEO Transition

dusk Group Limited (‘dusk’, ASX: DSK) today announces the resignation of its CEO and Managing Director Peter King.

Following almost nine years as CEO of dusk Group, Peter King has advised the Company of his intention to step down from the role effective August 2023. A search will now commence for a new CEO.

Chairman John Joyce said: “The Board would like to thank Peter for the invaluable contribution he has made since 2014. The Company has been transformed under his leadership. Peter has built an outstanding executive team, dramatically grown our revenues and earnings, driven the omnichannel transformation strategy, and led the IPO in 2020. He will leave the business in excellent shape.

“Peter is a ‘team and Company first’ leader. Consistent with this approach, Peter will continue to lead dusk through to mid-2023. Peter plans to do a fulsome handover to a new CEO when identified. We are thankful for his outstanding leadership and the professional manner in which he has engaged in a considered process to allow for his own succession in due course.”

CEO and Managing Director Peter King said: “Having just completed my ninth Christmas as CEO of dusk, I believe now is the right time for someone else to take the Company forward. I would like to acknowledge the hard work of our executive team and thank the Board for their support and guidance. dusk’s culture is deeply rooted in our commitment to delight our customers with affordable everyday luxury. I am focused on closing out FY23 strongly and will work closely with the Board to identify an outstanding future leader for the Company.”

Results for the first half will be announced on Friday 24 February 2023. An update on the early stages of the search process will be provided then.

The release of this announcement was authorised by the Board of Directors of dusk Group Limited.

Media & Investor Enquiries

Françoise Dixon investorrelations@dusk.com.au +61 (0) 412 292 977

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About dusk

dusk is an Australian specialty retailer of home fragrance products, offering a range of dusk branded premium quality products at competitive prices from its physical stores and online store. dusk’s product range is designed in-house and is exclusive to dusk. dusk has grown to become the leading Australian omni-channel specialty retailer focused on home fragrance products. The product offering comprises candles, ultrasonic diffusers, reed diffusers and essential oils, as well as fragrance related homewares. Our goal is to be our customers’ preferred destination for home fragrance products and for their gifting needs – including personal indulgences and ‘gifts for oneself’.

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