GARDA Property Group announced that Morgan Parker has retired as an independent director, effective 22 March 2023, due to his increasing international commitments. Mr. Parker, a veteran real estate professional, has been a director of GARDA since December 2018, was Chairman of the Audit, Risk and Sustainability Committee and a member of the Nomination and Remuneration Committee. Following Mr. Parker's retirement, Paul Leitch, who is currently Chairman of the Nomination and Remuneration Committee, will also assume the role of Chairman of the Audit, Risk and Sustainability Committee.

The Board will seek to fill the vacancy left by Morgan with a new independent director.