EQT Holdings Limited (ASX:EQT) (Equity Trustees) confirms that, as previously flagged to market on 19 August 2020, our Chairman the Hon Jeffrey Kennett AC and long serving Non-Executive Director Alice Williams have retired at the conclusion of the Company’s AGM today in accordance with the Company’s planned succession process.

Current Non-Executive Director Carol Schwartz was elected as a Director by shareholders at today’s Annual General Meeting and has been appointed by the Board as the new Chair of the Equity Trustees.

Ms Schwartz said: “Jeff has been at Equity Trustees since 2008 and is known as a dynamic and engaged Chair. Jeff has put his considerable and well-known energy behind a number of high impact initiatives which have further strengthened Equity Trustee’s legacy and reputation, particularly in relation to philanthropic giving.  These achievements are now highlighted in the wonderful Philanthropy Annual Giving Review reports.  Jeff’s tireless work in Victoria, particularly in relation to mental health and Indigenous disadvantage, is also greatly appreciated.”

She added: “I also wish to acknowledge the commitment of Alice, who has served on this Board since 2007, and has devoted considerable energy and expertise to the Remuneration, Human Resources and Nominations Committee.  I also note Alice’s longstanding service on the Advisory Committee of one of Equity Trustees’ longest served, and oldest philanthropic trusts – the Alfred Felton Bequest.”

Deputy Chairman, Jim Minto said: “I add my deep thanks to Jeff and Alice for their distinguished and tireless service to this company, as well as to Carol for taking on the pivotal role of Chair of the Equity Trustees group.  Carol has an exceptional background for this role and a reputation for strong integrity and I am very much looking forward to working with her.”

Mick O’Brien, Managing Director, has authorised that this document be given to the ASX.

Download the full ASX Announcement

Further information

Media

Alicia Kokocinski

Senior Manager – Marketing & Communications         

03 8623 5396 / 0403 172 024

akokocinski@eqt.com.au

Investors

Mick O’Brien                                             Philip Gentry

Managing Director                                   Chief Financial Officer and Chief Operating Officer

+61 3 8623 5202                                        +61 3 8623 5372

mobrien@eqt.com.au                               pgentry@eqt.com.au

Equity Trustees was established in 1888 to provide independent and impartial trustee and executor services to help families throughout Australia protect their wealth. As Australia’s leading specialist trustee company, Equity Trustees offers a diverse range of services to individuals, families and corporate clients including asset management, estate planning, philanthropic services and responsible entity services for external fund managers. Equity Trustees is the brand name of EQT Holdings Limited (ABN 22 607 797 615) and its subsidiary companies. EQT Holdings Limited is listed on the Australian Securities Exchange (ASX: EQT) and has offices in Melbourne, Bendigo, Sydney, Brisbane, Perth and London.