WAM ACTIVE LIMITED — Board/Management Information 2021

Dec 6, 2021

7 December 2021 ASX announcement

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WAM Active appoints Director Simon Poidevin

WAM Active Limited (ASX: WAA) today announces the appointment of Mr Simon Poidevin AM, effective Tuesday 7 December 2021, to the Board of Directors and the retirement of Ms Emma Rugge-Price.

Chairman Geoff Wilson AO said: “We are delighted to welcome Simon Poidevin as a Non-Executive Director of WAM Active. Mr Poidevin is highly experienced in corporate finance, with almost four decades of experience in global financial markets. On behalf of the Board, I thank Emma Rugge-Price for her contribution to the Company and WAM Active shareholders since her appointment in 2018.”

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. Mr Poidevin was previously Managing Director, Corporate Broking at Bell Potter Securities Limited from 2013 to 2020. He is currently a non-executive Director of Stealth Global Holdings Limited (ASX: SGI), President of Total Brain Limited, Australia and New Zealand and is an advisory Board Member of leading Safe Harbour insolvency firm Wexted Advisors. Mr Poidevin also represented Australia in Rugby Union from 1980 to 1991, captaining the Wallabies in 1986 and 1987, and was awarded an OAM in 1988 and the Member (AM) in the General Division of the Order of Australia in 2018.

The composition of the Board of Directors is balanced between independent and non-independent Directors. The Board of Directors is comprised of Chairman Geoff Wilson AO, independent Directors Karina Kwan and Simon Poidevin and non-independent Director Kate Thorley. Shareholders will be invited to vote on Simon’s appointment at the Company’s 2022 Annual General Meeting.

This announcement has been authorised by the Board of WAM Active Limited.

About WAM Active

WAM Active Limited (ASX: WAA) is a listed investment company (LIC) managed by Wilson Asset Management. Listed in January 2008, WAM Active provides investors with exposure to an active trading style with the aim of achieving a sound return with a low correlation to traditional markets. The Company’s investment objectives are to deliver a regular income stream via fully franked dividends, provide a positive return with low volatility, after fees, over most periods of time, and to preserve capital.

All major platforms provide access to WAM Active, including AMP North, BT Panorama, Colonial First State FirstWrap, Netwealth, Macquarie Wrap and Hub24. WAM Active receives coverage from the following independent investment research providers:

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info@wilsonassetmanagement.com.au Level 26, Governor Phillip Tower 1 Farrer Place Sydney NSW 2000 Australia

wilsonassetmanagement.com.au Telephone. + 61 2 9247 6755 Fax. +61 2 9247 6855

ABN 49 126 420 719

About Wilson Asset Management

Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap (ASX: WMI), WAM Alternative Assets (ASX: WMA), WAM Strategic Value (ASX: WAR), WAM Research (ASX: WAX) and WAM Active (ASX: WAA), Wilson Asset Management invests over $5.4 billion on behalf of more than 120,000 retail investors.

Wilson Asset Management created and is the lead supporter of the first LICs to deliver both investment and social returns: Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG). Wilson Asset Management advocates and acts for retail investors, is a member of the global philanthropic Pledge 1% movement, is a significant funder of many Australian charities and provides all team members with $10,000 each year to donate to charities of their choice. All philanthropic investments are made by the Investment Manager.

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For further information, visit wilsonassetmanagement.com.au or contact:

Geoff Wilson AO

Geoff Wilson AO Kate Thorley Chairman & Chief Executive Officer Chief Investment Officer (02) 9247 6755 (02) 9247 6755 0405 115 644

Jesse Hamilton

Chief Financial Officer (02) 9247 6755 0401 944 807

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info@wilsonassetmanagement.com.au Level 26, Governor Phillip Tower 1 Farrer Place Sydney NSW 2000 Australia

wilsonassetmanagement.com.au Telephone. + 61 2 9247 6755 Fax. +61 2 9247 6855

ABN 49 126 420 719