WAM Capital Limited announced the appointment of Mr. Angus Barker, effective 3 January 2023, to the Board of Directors. Angus has been a trusted adviser to corporations and governments for decades. He is an investment banker by training, with over 20 years' experience as a mergers and acquisitions and capital markets adviser in Hong Kong, Australia and the United Kingdom.

Most recently, Angus has served eight years as Chief of Staff or Senior Adviser to Australian Government Ministers in two of the key economic portfolios, in relation to policy matters including superannuation, financial services, the digital economy, and foreign investment. Angus has a Master of Philosophy degree from the University of Cambridge and a Bachelor of Commerce (Honours) degree from the University of Melbourne. The Board of Directors is comprised of Chairman Geoff Wilson AO, Kate Thorley and independent directors Dr. Philippa Ryan, James Chirnside, Lindsay Mann, Matthew Pancino and Angus Barker.

Shareholders will be invited to vote on Angus' appointment at the Company's 2023 Annual General Meeting.