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L1 GROUP LIMITED Board/Management Information 2016

Aug 24, 2016

65211_rns_2016-08-24_37537f82-1554-4fa9-b316-66cb2f99170f.pdf

Board/Management Information

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==> picture [152 x 41] intentionally omitted <==

25 August 2016

Platinum Asset Management Limited (“PTM”) Director Renewal

During September 2016, Ms Anne Loveridge will replace Ms Margaret Towers who will retire from the PTM Board as a Non-Executive Director after over nine years of service.

Ms Loveridge (BA (Hons), FCA (Australia), FCA (England and Wales), GAICD) is currently a NonExecutive Director for the National Australia Bank (NAB) Group and has over 30 years of experience as a former partner in the Financial Services Assurance practice at PricewaterhouseCoopers (PwC), where she worked with a range of clients in banking, property, private equity and wealth management sectors providing advice on financial and regulatory reporting, risk management, controls and compliance frameworks.

The Board of PTM would like to personally thank Margaret Towers for her invaluable contribution to the Board over the last nine years.

In accordance with good governance and the ASX Guidelines, the Board intends to continue with its plan of Director renewal.

A Stannard

Finance Director and Interim Company Secretary

Level 8, 7 Macquarie Place, Sydney NSW 2000, Australia | GPO Box 2724, Sydney NSW 2001 Telephone 61 2 9255 7500 | Investor Services 1300 726 700 | Facsimile 61 2 9254 5590 | Email [email protected] | Website www.platinum.com.au Platinum Investment Management Limited ABN 25 063 565 006 AFSL 221935 trading as Platinum Asset Management[® ]