Company Overview

The design, development, manufacture and marketing of communications equipment and metal detection equipment; design, manufacture, maintenance and support of a range of electronic products and associated software for the mining sector; and manufacture and marketing of printed circuit boards.

Directors and Management

Ms Kathryn(Kathy) Joy Gramp

Non-Executive Director 18/11/2015

Ms Gramp was appointed to the board of Codan in November 2015. She has had a long executive career and over 24 years of board experience across a range of complex organisations and industry sectors. She has experience as Chair of Audit & Risk Committees. Prior to joining Codan, Kathy was CFO of Austereo Ltd. Joining in 1989, retiring June 2011. In that time the company grew from 2 radio stations to the largest commercial radio network in Australia, and the leader in Digital and Online Media. Leadership roles and responsibilities included business planning & re-engineering, debt & equity raising, acquisitions & integration, capital investment, major IT projects, corporate governance, risk management, financial management, tax & accounting, change management and investor & key stakeholder relations. Further experience was gained through exposure to international markets such as Greece, UK, USA, South Africa, Argentina, Malaysia and New Zealand. She is a Director of Uniti Group Limited (ASX:UWL), Chair of Audit & Risk Committee and member of the Nomination & Remuneration Committee. Uniti, a diversified provider of telecommunication services, listed February 2019 and through acquisition and organic growth now has a market capitalisation of circa $2.2 billion. She is also a Director of The Australian Institute of Company Directors and is Chair of the HR & Remuneration Committee and is a Council member of Flinders University and Chair of Audit & Risk Committee.

BA Acc, FCA, FCSA, GAICD, MFTA,FAICD, CA Female

Mr David James Simmons

Non-Executive Director,Non-Executive Chairman 05/05/2008

Mr Simmons was appointed Chairman of the board in 2015 and has been a director of Codan since 2008. Prior to joining the Codan board, he was the Managing Director of Hills Industries Limited (Hills) for 16 years. On appointment, Hills had a turnover of around $200 million. On his retirement in 2008, Hills turnover and market capitalisation were both in excess of $1 billion. Hills was in the ASX200 index and under his leadership, profit increased every year for 16 years. Hills grew through a combination of internal growth and via acquisitions. During his time as Managing Director, he led around 30 successful acquisitions and joint ventures. He has strong people, financial, capital markets and M&A skills and has significant international experience, particularly focused on China, the USA and the UK. Hills employed 4,000 people globally at its peak. Since he was appointed Chairman, Codan's market capitalisation has grown from less than $150 million to more than $3 billion. This has been achieved by investing in people, having a commitment to continuous learning, encouraging entrepreneurship, rewarding performance and investing in innovation in a digital world. In his role on the Board, Audit Risk and Compliance Committee, he has a particular focus on the ever present cyber threats and will continue to push and support best in class defences. He has chaired a number of charitable and government related organisations since retiring from Hills. He is currently the Chair of the Kickstart for Kids charity based in South Australia and is a former Chair of the South Australian Economic Development board.

BA (Acc) Male

Mr Graeme Barclay

Non-Executive Director 01/02/2015

Mr Barclay is a former CEO and qualified chartered accountant with more than 35 years' experience in professional services, investment banking, broadcast infrastructure and telecommunications. Over the past 20 years Graeme has held Executive Chairman or Group CEO roles at BAI Communications, Transit Wireless LLC (New York), Nextgen Networks, Metronode data centres and Axicom (formerly Crown Castle Australia), and for 8 years was also an executive director in Macquarie Group's infrastructure team. In these roles, Graeme was responsible for all aspects of strategy, M&A, sales and business development, contract delivery and operations, as well as implementing the appropriate capital structure and raising third party debt for these businesses in Australia, UK, Hong Kong, Singapore, Canada, USA and New Zealand. Over the past 20 years in these businesses, he led and completed more than 20 acquisition and divestment transactions including the sale of Nextgen Networks to Vocus for $820 million in 2016 and the sale of Metronode to Equinix for $1.04 billion in 2018. Included in his prior board appointments are Arqiva Limited (institutionally owned UK telecommunications infrastructure group), BSA Limited (ASX:BSA, until December 2019) and Chairman of the main board and of the audit and risk committee for Nextgen group (Ontario Teachers' majority owned entity). His current board appointments are Codan (ASX:CDA, since 2015), Axicom (institutionally owned mobile tower infrastructure in Australia, having resigned as CEO during 2020) and chairman of Uniti Group Limited (ASX:UWL). As chairman of Uniti Graeme has overseen an IPO, ten acquisition transactions over a 2 year period, several capital raisings in the equity and corporate debt markets, and Uniti has grown to be the fifth largest listed telecommunications company on the ASX with a market capitalisation of circa $2.2 billion. Uniti's business includes ownership of fibre to the premise networks, a digital communications platform as a service for inbound voice, text, data and analytics and a consumer and business broadband service provider.

MA (Hons), CA,MCAScotland,MCAAus&NZ,FFINSIA Chartered Accountant Male

Mr Lt-Gen Peter Francis Leahy

Non-Executive Director 19/09/2008

Mr Leahy retired from the Australian Army in 2008 as a Lieutenant General after a 6 year appointment as Chief of Army. In his board appointments since then he has been on the boards of Codan, Electro Optic Systems Holdings Limited and Citadel Group Limited, including one year as Chair of CGL prior to its acquisition to go private. He is the current Chair of Electro Optic Systems Holdings Limited. During his time as Chair of CGL he led the company through a major international acquisition, a substantial capital raise and then negotiated the go private acquisition of the company. He is a member of the Nomination and Remuneration Committee for both EOS and CGL, and a former Chair of EOS's Audit Committee. In addition, to his board activities, he has been an advisor to both the Queensland and South Australian Governments, was a member of the First Principles Review of the Department of Defence, Chair of the Invictus Games in Australia and is an active supporter of veteran's charities. As a Professor at the University of Canberra he lectures on National Security, which includes cybersecurity and digital disruption.

BA (Military Studies),MMAS,GAICD,AC,Grad(British H Male

Mr Donald Shields McGurk

Chief Executive Officer,Managing Director 19/05/2010

Mr McGurk was appointed to the board as a director in May 2010, and was appointed as Managing Director in November 2010. He joined Codan in December 2000 and had executive responsibility for group-wide operations until his transition into the role of CEO in 2010. In addition to his operations role, from 2005 to 2007 he held executive responsibility for sales of the company's communications products, and from 2007 to 2010, executive responsibility for the business performance of the company's Communications products. He came to Codan with a background in change management applied to manufacturing operations, and held senior manufacturing management positions in several industries.

HNC (Mech Eng), MBA, FAICD, AMP Male

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