• Establishment of dedicated AFSL Governance Committee for premium oversight
• Appointment of Danielle Press as Independent Chair with 30+ years of experience
• Matthew Wilson appointed as Independent Chair of AFSL Investment Committees

Sequoia Financial Group Ltd (ASX: SEQ) is pleased to announce the establishment of a dedicated AFSL Governance Committee, formed to provide premium oversight, enhance coordination, and reinforce governance excellence across the Group's three Australian Financial Services Licenses (AFSLs). This new Committee reflects Sequoia's ongoing commitment to the highest standards of regulatory alignment, governance maturity, and risk management. It introduces an elevated and independent governance layer above the operational compliance structures of each AFSL and will report to the SEQ Board's Risk and Compliance Committee. Sequoia has appointed Danielle Press as Independent Chair of this AFSL Governance Committee. Ms Press brings more than 30 years of experience in the financial services sector, including five years as Commissioner at the Australian Securities and Investments Commission (ASIC) from 2018 to 2023. Her leadership across both regulatory and executive roles makes her uniquely positioned to support Sequoia's licensing businesses in meeting stakeholder, client, and regulator expectations. Sequoia has also engaged Matthew Wilson as an independent consultant to this AFSL Governance Committee. Mr Wilson brings over 30 years of experience in financial services, with a career spanning investment strategy, stockbroking, financial advice, and product development. His expertise across advice, stockbroking, and product development will be critical in supporting the governance and oversight of each licensee's Approved Product List (APL). This initiative demonstrates Sequoia's commitment to best-practice governance and will enhance board-level visibility and accountability, strengthen risk management and compliance culture, provide consistency in governance in line with ASIC expectations, and support sustainable, client-aligned outcomes.