• Experienced executive Rob Freeman appointed as new CEO, effective 1 September 2025
• Outgoing CEO Wayne Hooper to remain as Executive Director in an advisory role
• Smooth leadership transition to leverage combined experience and technical knowledge

LaserBond Limited (ASX: LBL), a specialist advanced surface engineering company, announces that as part of its succession plans, Wayne Hooper will transition from his role as CEO and be succeeded by experienced executive Rob Freeman, effective 1 September 2025. Wayne will continue as Executive Director in an advisory role, bringing years of experience and technical knowledge to guide the Company's new CEO. Rob brings over two decades of executive leadership experience across mining, energy, logistics, and industrial services, and has previously consulted for LaserBond. As a CEO and company director, he has worked extensively with boards and shareholders in both private and listed companies. Most recently, Rob served as CEO of Sime Darby Industrial Services, overseeing significant revenue growth through customer-focused solutions and enterprise-wide efficiency and innovation initiatives. The collaboration period of the retiring and new CEO allows the leveraging of perspectives, valuable insights, and the navigation of major decisions around their combined experience and technical knowledge. As part of the leadership transition, Matthew Twist will step down from his role on the Board as Executive Director but will remain as the Company's Chief Financial Officer and Company Secretary.

LaserBond's commitment to innovation and sustainability in surface engineering is world-class. Rob Freeman sees strong market potential to expand the company's reach, deepen customer partnerships, and accelerate innovation across all service offerings.