• Jonathan Waecker appointed as new CEO, commencing 27 August 2025
• Brings extensive retail, brand, digital and transformation experience
• To guide Michael Hill's next chapter of transformation and growth

Michael Hill International Limited (ASX/NZX: MHJ) has announced the appointment of Jonathan Waecker as its next Chief Executive Officer (CEO), commencing 27 August 2025. Jonathan is a globally experienced executive with senior leadership experience across retail, brand, digital, customer experience, and transformation. He brings deep commercial and consumer expertise developed at some of the world's most recognisable brands, including The Walt Disney Company and Yahoo, as well as 'in market' retail operations experience as Chief Customer & Sales Officer at The Warehouse Group, which he joined in 2017. Jonathan has experience delivering transformational growth, building customer centric cultures and leading large complex organisations through change. His most recent work has been focused on helping retailers unlock new value through technology, data, and media partnerships. Chair, Rob Fyfe, said 'Following a rigorous global search process, the Board is delighted to appoint Jonathan to lead Michael Hill as we embark on our next chapter of transformation and growth. Jonathan's global perspective, commercial acumen, digital experience and customer-centric leadership approach align strongly with the Company's strategic priorities and market challenges. We are confident in his ability to guide the Michael Hill business forward building on our brand heritage and Sir Michael Hill's fabulous legacy.' Jonathan will relocate from Auckland to Brisbane to commence as CEO on 27 August 2025. With Jonathan's appointment, Andrew Lowe will conclude his tenure as interim CEO and has announced his resignation from Michael Hill. Andrew will resume his role as Chief Financial and Supply Chain Officer, during his six months' notice period, to ensure a smooth transition in support of Jonathan and the business.

Jonathan Waecker said, 'I'm honoured to be joining the business at such a pivotal time and excited about the opportunity to help shape its next chapter. With strong brand equity, a passionate team, and a loyal customer base across Australia, New Zealand, and Canada, I believe Michael Hill has all the ingredients to thrive. I look forward to working with the Board, the executive team, our people across the business and our loyal customers to unlock the next phase of growth and relevance across our brand portfolio.'