Verbrec Limited announced that Sarah Zeljko will retire from the Board of Directors, effective from the end of Verbrec's upcoming Annual General Meeting on 29 November 2023. Sarah joined Verbrec's board of directors in September 2020, bringing with her extensive executive, operational, governance and advisory experience gained across multiple large ASX listed, government and private corporations. Sarah leveraged that experience and throughout her tenure, providing to the Board invaluable advice concerning governance best practices, legal and regulatory issues, as well as the assessment and mitigation of enterprise risks.

As chair of the Board's Proposal Approval Committee (BPAC), Sarah also played a key role in improving Verbrec's approach to assessing and quantifying project and proposal risks. The Board also recognises Sarah's guidance in navigating the legal issues in pursuit of the recovery of outstanding fees from Service Stream Limited.