Cash Converters International Limited advised that Mr. Mark Ashby has been appointed as independent Non-Executive Director effective from 6 October 2023. Mr. Ashby is an experienced executive, Board member and Board advisor, with over 30 years of experience in senior executive roles in listed and private companies in both Australia and the United States (`USA'). Mr. Ashby's recent board advisory experience has focused on working with companies to create and grow shareholder value and has included US expansion, refinancing and balance sheet restructuring as well as advising on corporate governance and accountabilities.

Mr. Ashby is currently a Director and Interim CEO for Sydney-based Direct Group Pty Ltd. He is also a Director of Office Choice Ltd. and a member of the Advisory Board for the retail accessory business Marquee Retail Group. Prior to the establishment of his board advisory business in 2017, Mr. Ashby was the CFO for Myer Holdings Ltd. from 2008 to 2015, leading the IPO on the ASX in 2009. Whilst overseas, Mr. Ashby held the role of CFO of EZCORP Inc. in the USA from 2015 to 2017.

Mr. Ashby holds a Bachelor of Business (Accounting) from Swinburne University of Technology, is a graduate of the Australian Institute of Company Directors (GAICD) and is a Fellow of the Australian Society of CPAs (FCPA).