• Current Joint CEOs Bartley and Becker to step down in August 2025
• Sasho Kacevski appointed as new CEO, Arjan van Ameyde as new CFO
• BSA revises financing facilities with Commonwealth Bank

BSA Ltd (ASX: BSA) has announced a leadership transition, with current Joint Chief Executive Officers Richard Bartley and Arno Becker stepping down from their roles following a transition process expected to conclude in early August 2025. Bartley and Becker were appointed as Joint CEOs in April 2023 and have led the company through a significant transformation period. The Board has appointed Sasho Kacevski as BSA's new Chief Executive Officer, effective 2 June 2025. Kacevski has been with BSA for over four years in managerial roles, successfully leading the Foxtel Platform contract. He brings deep operational experience, leadership capability, and customer focus which will be critical as BSA continues its transition and seeks to build a more streamlined, sustainable business model.BSA has also appointed Arjan van Ameyde as the new Chief Financial Officer and Company Secretary, effective 2 June 2025. Van Ameyde is a highly experienced finance executive with over 25 years' experience across ASX-listed entities, SMEs, and multinationals.Additionally, BSA has revised its financing facility with the Commonwealth Bank of Australia to align with the reduction in working capital requirements. The facility's revised limits include a base borrowing facility of $10.0m (previously $16.5m) and a guarantee facility of $8.8m (previously $16.8m).