STEALTH GROUP HOLDINGS LTD — Board/Management Information 2021

Oct 17, 2021

ASX MEDIA RELEASE

18 October 2021

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CHANGE OF DIRECTORS

Stealth Global Holdings Ltd (“Stealth” or the “Company”) (ASX: SGI) a broad-line distributor of industrial, maintenance, repair, operating ‘MRO’, safety & workplace supplies and other related products and services, announces the following changes to its Board of Directors.

Mr Alan Cransberg, a Non-Executive Director of Stealth since April 2020 has been appointed to the Board of Wesfarmers. As a result of this new commitment, Mr Cransberg has regrettably taken the decision to step down from the Stealth Board. The Company would like to thank Mr Cransberg for his excellent contribution made over the last 18 months. Mr Cransberg has advised he will remain a shareholder of the Company.

At the same time, the Company is delighted to welcome Mr Simon Poidevin AM OAM, to the Stealth Board as a Non-Executive Director. Mr Poidevin is based in Sydney, providing the Company with east coast-based representation.

Mr Poidevin worked in Global Financial Markets for over 37 years, spending 14 years with Citigroup, culminating in heading the firm's Corporate Equity Broking division in Australia. Simon was previously Managing Director, Corporate Broking at Bell Potter Securities Limited, a leading Australian full- service broking and financial advisory firm from 2013 to 2020.

He is currently President of Total Brain Limited, Australia and New Zealand and was appointed in March 2020. Simon is also an Advisory Board Member of leading Safe Harbour insolvency firm Wexted Advisors.

Mr Poidevin represented Australia in Rugby Union from 1980 to 1991, captaining the Wallabies in 1986 and 1987 and becoming the first Wallaby to play 50 test matches.

He was awarded an OAM in 1988, The Australian Sports Medal in 2000, The Centenary Medal in 2003 and was awarded the Member (AM) in the General Division of the Order of Australia on Australia Day 2018. He was inducted into the Sport Australia Hall of Fame in 1991 and into the Australian Rugby Hall of Fame in 2014.

He is Chairman of The Sports Advisory Council at UNSW and co-founded the establishment of the “Lexcen Scholarships” in 1988. The “Ben Lexcen Sports Scholarships Program” has supported over 220 UNSW Elite Athletes since its creation, enabling 33 Olympians who have collectively won 15 Olympic Medals.

He holds a Blue in Rugby Union from UNSW and is a member of both the UNSW Sporting Hall of Fame and the UNSW Faculty of Science Hall of Fame. He received the prestigious UNSW Alumni Award in 1990. Mr Poidevin has been a Board Member of The University of NSW Foundation since 1999.

Mr Poidevin’s extensive experience in financial markets and corporate finance will be highly complementary during the next phase of the company’s development and expansion plans.

› Heatleys Safety & Industrial › C&L Tool Centre › Skipper Transport Parts

› Industrial Supply Group

› BSA Brands (UK)

› www.heatleys.com.au

› www.cltoolcentre.com.au

› www.skippertp.com.au

› www.isgaus.com.au

For further enquiries: Mike Arnold Chris Wharton[AM] Group Managing Director & CEO Chairman P: +61 (0) 8 6465 7800 P: +61 (0) 8 6465 7800

› www.bsabrands.co.uk

This announcement was authorised to be given to the ASX by the Board of Directors of Stealth Global Holdings Ltd.

-ENDS-

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ASX MEDIA RELEASE (CONT)

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About Stealth Global Holdings

Stealth Global Holdings Limited (ASX code: SGI) is a broad-line business-to-business (B2B) and business-to-consumer (B2C) distributor of industrial, maintenance, repair, operating ‘MRO’, safety & workplace supplies and other related products and services. Headquartered in Perth, Western Australia, it provides supplies and solutions for every industry through its portfolio of five distribution businesses that extends across the end-to-end supply chain covering Business, Trade, Retail, Service & Specialist Wholesale. The five subsidiary brands are: Heatley’s Safety & Industrial, C&L Tool Centre, Skipper Transport Parts, Industrial Supply Group and BSA Brands (UK) a joint venture with Bisley Workwear.

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