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Australian Shareholders’ Association re-elects chair and appoints two new Board members

Australian Shareholders’ Association (ASA), a leading authority and community for Australian investors, is delighted to announce the re-election of board chair Steven Mabb as director, and the election of Karl Schlobohm to the Board.

Richard Goldman was appointed as a director and will be up for election by members at next year's AGM.

The appointments occurred at ASA’s 7th hybrid AGM meeting held on Wednesday, 10 May 2023, and come following a comprehensive review of the Board skills in 2022.

Steven Mabb, ASA Chair said, "I am honoured to have been re-elected as an ASA director and I am thrilled with the skills Karl and Richard will contribute through their appointments. We recently completed a thorough review of our current Board skills that identified the skills required to advance ASA and achieve our vision of being the leading authority and community for Aussie investors.

"As a result of the review, we focused on adding finance, risk management and IT skills to the Board. Having received a large number of strong applications we are thrilled to be able to welcome Karl and Richard to the Board, who between them have added these attributes. In addition, we have now published a detailed Board skills matrix to allow members and others to be fully informed of the ASA Board skills. This is a tool we strongly recommend to ASX-listed companies and something we'll be pushing even harder on in the years ahead".

Karl Schlobohm noted, "I am honoured to have been appointed to the Board of the ASA and I look forward to serving the interests of its members and the broader investment community into the future. Having operated within listed company environments for well over 15 years, I feel that my experience and interests are well aligned with the ASA’s advocacy and educational focus for the equitable treatment of all shareholders".

Richard Goldman: "It’s an honour to serve the members of Australia's largest, independent not-for-profit, shareholder association. The ASA has long been a powerful and well-respected voice for retail investors, and I am looking forward to particularly bringing my expertise in finance, risk management, and information technology, in addition to my experience in accounting, strategic planning, and corporate governance to the board".

Taken from Australian Shareholders’ Association (ASA) Media Release on 22 May 2023.

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