PENTANET LIMITED — Board/Management Information 2021

Oct 20, 2021

ASX: 5GG | ASX ANNOUNCEMENT 20 OCTOBER 2021

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Upcoming board changes

Pentanet Limited (ASX:5GG, Pentanet or the Company) advises that Non-Executive Director Mr Craig Amos will not be seeking re-election at the upcoming Annual General Meeting (AGM) due to other executive and professional responsibilities. Mr Amos will therefore retire as a director of the Company at the close of this year’s AGM. Mr Amos joined Pentanet some three years ago and has been the Chair of the Audit and Risk Management Committee.

Pentanet’s Non-Executive Chairman, Mr David Buckingham commented on behalf of the board, “Craig has been a valuable addition to Pentanet having provided good leadership, demonstrated strong governance and played a pivotal part in the Initial Public Offer process. We thank Craig for his considerable contribution over the last three years and wish him well in his future endeavours.”

This announcement has been authorised for release by the Board of Pentanet Limited.

FOR FURTHER INFORMATION, PLEASE CONTACT:	FOR FURTHER INFORMATION, PLEASE CONTACT:
Mr. Stephen Cornish	Mr. Patrick Holywell	Mr. Shane Murphy
Managing Director	Company Secretary	Media Relations, FTI Consulting
+61 8 9466 2672	+61 (0) 401 407 357	+61 (0) 420 945 291
investors@pentanet.com.au	patrick.holywell@pentanet.com.au	shane.murphy@fticonsulting.com.au

About Pentanet

Pentanet is a Perth-based, growth-focused telco delivering high-speed internet to a growing number of subscribers by providing them with next-generation internet speeds. This is achieved through Pentanet’s market-leading private fixed-wireless network, the largest in Perth, as well as reselling fixed-line services such as NBN, where its wireless is not yet available.

Pentanet’s flagship fixed wireless network has benefits for both customers and investors, offering an outstanding customer experience and a fixed-wireless product that is technically superior to most of the NBN – with attractive margins for investors. This sets Pentanet apart from most broadband providers, which only resell the NBN.

Pentanet will also be part of the rollout of the next wave of subscription-based entertainment services – cloud gaming. The Company’s Alliance Partner Agreement with NASDAQ listed NVIDIA – one of the world’s largest producers of specialised graphic chips used in gaming – allows Pentanet to be the first to bring their GeForce NOW technology to Australia in 2021.

Pentanet was listed as #28 in the Deloitte Technology Fast 500[TM] Asia Pacific 2020, a ranking of the region’s 500 fastest growing technology companies. On top of the Company's #28 overall ranking, Pentanet also ranked #3 for Australian companies on the list.

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ABN: 29 617 506 279

investors@pentanet.com.au +61 8 9466 2672

Unit 2, 8 Corbusier Place, Balcatta WA 6021