Appointment of Chief Executive Officer and Board Transition

• David McNamara appointed as Chief Executive Officer
• Tony Fehon transitions from Managing Director to non-executive role
• Su Kiat Lim steps down from the Elanor Board

Elanor Investors Group (ASX: ENN) announced significant leadership changes, including the appointment of David McNamara as Chief Executive Officer, effective June 22, 2026. McNamara brings over 34 years of experience in real estate investment and funds management. Tony Fehon, who has been the interim Managing Director since September 2024, will transition to a non-executive role after a six-month period. Su Kiat Lim has also agreed to step down from the Elanor Board effective June 2, 2026, following the non-proceeding of the acquisition of Firmus Capital. The leadership changes are part of the Group's strategic reset and recapitalization efforts.

Elanor Investors Group is poised to execute its growth strategy, focusing on strengthening its balance sheet, growing funds under management, and rebuilding confidence with stakeholders.