• PWR's Managing Director and Founder, Kees Weel, is taking temporary leave to seek treatment for an acute medical condition
• PWR's Executive Leadership Team will assume Kees Weel's day-to-day responsibilities
• Matthew Bryson, Chief Technical and Commercial Officer, has been appointed as Acting CEO

PWR Holdings Ltd (ASX: PWH) has announced that its Managing Director and Founder, Kees Weel, is taking temporary leave from his full-time role to seek treatment for an acute medical condition. During Kees Weel's absence, PWR's Executive Leadership Team will assume his day-to-day responsibilities, with Chief Technical and Commercial Officer, Matthew Bryson, appointed by the Board to the role of Acting CEO. Kees Weel has stated that while he will remain active in PWR's overall direction, his priority is concentrating on his recovery. He has expressed his full support for Matthew Bryson and the Executive Leadership Team, and his confidence in their ability to deliver on PWR's objectives and the move to PWR's new headquarters, which has successfully commenced. PWR's Chairman, Roland Dane, has expressed the Board's support for Kees Weel's decision to focus on his health and has wished him all the best for his recovery, looking forward to welcoming him back when he is ready. The announcement also provides details on Matthew Bryson's background and remuneration as the Acting CEO.