• DBI appoints CEO Michael Riches as Managing Director
• Jonathon Sellar and Ray Neill resign as non-executive directors
• DBI is well progressed on the search for new independent directors

Dalrymple Bay Infrastructure Limited (ASX:DBI) has announced that the Company's Chief Executive Officer, Mr Michael Riches, has been appointed as Managing Director, in addition to his role as Chief Executive Officer, with effect from 5.00pm on 30 September 2025. The Company's Chair, Hon. Dr David Hamill AM, stated that the appointment reflects the Board's endorsement of Mr Riches' positive impact since commencing as DBI's Chief Executive Officer in March 2024 and the additional contribution he can make to the Company as a director. The Company further announced that Mr Jonathon Sellar and Mr Ray Neill have resigned as non-executive directors of the Company with effect from 30 September 2025. The resignations of Mr Sellar and Mr Neill (as employees of Brookfield Infrastructure Group) follow the selldown by BIP Bermuda Holdings IV Limited of its remaining interest in the Company on 12 September 2025. The Company advised that it is well progressed on the search for new independent directors, with the expectation of an appointment of additional directors to the DBI Board over the coming few months.