Accelerated Appointment of Chief Executive Officer

• Accelerated appointment of Ronald Chan as Chief Executive Officer
• Chan has over 2 decades of experience within Finbar, previously serving as Chief Operating Officer
• Under Chan's leadership, Finbar to focus on strengthening development pipeline and project delivery

Finbar Group Limited (ASX: FRI) has announced the accelerated appointment of Mr. Ronald Chan as the company's new Chief Executive Officer, effective immediately. This appointment has been brought forward from the previously announced date of 29 August 2025. Mr. Chan joined Finbar in 2004 and was appointed Chief Operating Officer in 2013. With over two decades of experience within the company, he brings a deep understanding of Finbar's operations, strong leadership credentials, and a clear strategic vision for the company's future. Under Mr. Chan's leadership, Finbar will focus on strengthening its development pipeline through well-considered site acquisitions and project delivery. This strategy will build on Finbar's track record of delivering high-quality residential and commercial developments across Western Australia.Finbar Chairman, John Chan, expressed the Board's full confidence in the new management team and in Ronald Chan's ability to lead the company into its next phase of growth, stating that he has no doubt Mr. Chan will be a successful leader who continues to uphold the vision of Finbar.

Under Ronald Chan's leadership, Finbar will focus on strengthening its development pipeline through well-considered site acquisitions and project delivery, positioning the company for sustained future growth.