Mayfield Childcare Limited provided this update on the progress of the Company's recruitment process for additional independent Non-Executive Directors. The Board reported that it has received a number of applications from suitably qualified applicants for the recently advertised Non-Executive Director position. To ensure a thorough selection process, the Board has appointed an independent executive recruitment firm to conduct the screening of a shortlist of candidates and anticipates having at least one additional Non-Executive Director appointed by 31 October 2023.

Lubna Matta has agreed to continue serving on the Board until the appointment of an additional Non-Executive Director has been finalised. Given the intended changes to the Board's structure and appointment of additional Non-Executive Directors, Andrew Draffin has offered his resignation to the Board, which it has accepted. Andrew will assist the Company with the orderly transition of his responsibilities as Company Secretary.