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MOTIO LTD Board/Management Information 2017

Dec 14, 2017

65390_rns_2017-12-14_79ba8438-edc9-46f6-8dd1-7ef3f6e674b8.pdf

Board/Management Information

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15 December 2017

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Key Personnel Update

The Board of Directors of transit technology company XTD (ASX: XTD or the Company ) has announced a full review of the Company’s plans and opportunities for 2018. As part of that review, XTD’s CEO Mr. Steve Wildisen will be leaving the business effective immediately. Mr. Wildisen has been CEO of XTD since the Company floated on the ASX in December 2014. The Board thanks Mr. Wildisen for his time with the business.

Also effective immediately, XTD Chairman Mr. Frank Hurley will be acting CEO of XTD. The current review of the business includes a potential restructure of the XTD Group that would more closely align the unique technologies of XTD and Contact Light.

For more information, contact:

Frank Hurley Chairman +61 8 9486 4036

Nathan Ryan Investor relations and media +61 420 582 887 [email protected]