• Lachlan Edwards and Anne Michaels resign from the Board
• John White resigns as Managing Director and CEO
• David Harrison and Greg Paramor join the Board as Non-Executive Directors
• Ben Ellis joins as an alternate Director to Paramor
• Blair Strik, CFO, to act as CEO

Hotel Property Investments (HPI) has announced a number of changes to its Board of Directors and Management team, effective 6 February 2025. Mr Lachlan Edwards and Ms Anne Michaels have resigned from the Board, while Mr John White has resigned as Managing Director and Chief Executive Officer. To replace them, Mr David Harrison and Mr Greg Paramor (AO) have joined the Board as Non-Executive Directors, and Mr Ben Ellis has joined as an alternate Director to Mr Paramor. Mr Blair Strik, the Chief Financial Officer and Company Secretary, will resume the role of acting Chief Executive Officer. The Board has expressed its sincere appreciation to the departing members for their dedicated service and valuable contributions during their tenure. Lachlan Edwards was an inaugural Non-Executive Director of HPI since the company's listing in 2013, and most recently chaired several key committees. Anne Michaels joined the Board in 2022 and brought a strategic lens to property development opportunities. John White was appointed as Managing Director and CEO in September 2024 and introduced a new strategic focus at the company's Annual General Meeting in November 2024. The new Non-Executive Directors, David Harrison and Greg Paramor, bring extensive experience in the property market, with over 30 and 40 years of experience respectively. Ben Ellis, who joins as an alternate Director, has more than 25 years of experience in the property market and is currently the Fund Manager of the Charter Hall Retail REIT and Charter Hall's Retail CEO.