IVE GROUP LIMITED — Board/Management Information 2017

Sep 28, 2017

IVE Group Limited ABN 62 606 252 644

Building B 350 Parramatta Road Homebush NSW 2140

==> picture [78 x 43] intentionally omitted <==

P+61 2 9089 8550 ivegroup.com.au

ASX ANNOUNCEMENT – IVE GROUP LIMITED (ASX:IGL)

CHANGE OF DIRECTOR ROLE

September 29, 2017

IVE Group Limited ( IVE or the Company ) advises that Paul Selig, currently a Non-executive Director, will become an Executive Director of the Company effective 1 October 2017.

Paul has been a Non-Executive Director since November 2012 and has continued in this role since the Company listed on the ASX in December 2015.

The Board will continue to have a majority of Independent Directors.

The material terms of Paul’s executive employment contract are attached.

For further information please contact:

Geoff Selig

Executive Chairman

Telephone: +61 2 9089 8550

About IVE

IVE Group Ltd is a vertically integrated marketing and print communications provider. IVE enables its customers to communicate more effectively with their customers by creating, managing, producing and distributing content across multiple channels. IVE has an unparalleled product and service offering in Australia and holds leading positions across multiple sectors.

IVE approaches the market with a solution focused strategy and consists of 4 operating divisions – Kalido (creative and marketing services), Pareto Group (fundraising specialists- NFP sector), Blue Star Group (which includes Blue Star PRINT, Blue Star WEB, Blue Star DISPLAY, Blue Star DIRECT, Blue Star CONNECT, Blue Star PROMOTE and Franklin WEB), IVEO (managed solutions).

IVE employs 1,700 talented and committed people across its operations in Sydney, Melbourne, Brisbane, China, Singapore and New Zealand. The Group services all major industry sectors including financial services, publishing, retail, healthcare, communications, property, clubs and associations, not-for- profit, utilities, manufacturing, education and government.

==> picture [596 x 85] intentionally omitted <==

MATERIAL EXECUTIVE EMPLOYMENT TERMS – PAUL SELIG

Item	Description
Total Fixed Remuneration	$330,000 per annum, inclusive of statutory superannuationStatutory annual leave, personal leave and long service leave provisions
Short Term Incentive	Maximum of $250,000
Long Term Incentive (LTI)	Nil
Termination	Employment may be terminated by either Paul Selig or his employingentity giving 3 months’ written notice or by his employing entity makingpayment in lieu of notice.The employing entity may terminate Paul Selig’s employmentimmediately and without notice in certain circumstances, includingwhere he has committed any breach or material neglect of any of thematerial terms of his contract of employment, or any act of serious orwilful misconduct.All payments on termination will be subject to the termination benefitscap underthe CorporationsActinthe absence ofshareholderapproval.
Restraint	12 months following cessation of employment.