PETER HAY
LLB, FAICD
Chairman, Independent Non-executive Director
Appointed June 2015

Background and Experience
Peter Hay has a strong background and breadth of experience in business, corporate governance, finance and investment banking advisory work, with a particular expertise in relation to mergers and acquisitions. Mr Hay was a partner of the legal firm Freehills until 2005, where he served as Chief Executive Officer from 2000. Mr Hay has also had significant involvement in advising governments and government-owned enterprises.

Mr Hay is Chairman of the Nominations Committee.

Current Directorships, Executive Positions and Advisory Roles
Chairman: Newcrest Mining Limited.
Director: Australian Institute of Company Directors.
Member: AICD Corporate Governance Committee.

Past Non-executive Directorships (past three years)
GUD Holdings Limited, Alumina Limited, Australia and New Zealand Banking Group Limited, NBN Co Limited and Myer Holdings Limited.

GRANT KELLEY
LLB, MSc Econ, MBA
CEO and Managing Director
Appointed CEO January 2018 and appointed Managing Director January 2018

Background and Experience
Grant Kelley has over 25 years of global experience in real estate investment, corporate strategy, funds management and private equity.

Previously, Mr Kelley was CEO at City Developments Limited, a Singapore-based global real estate company with operations in over 20 countries. Prior to this, Mr Kelley was the Co-Head of Asia Pacific for Apollo Global Management, and also led their real estate investment activities in the region. In 2008, Mr Kelley founded Holdfast Capital Limited, an Asian-based real estate investment firm, which was acquired by Apollo in 2010. From 2004 to 2008, Mr Kelley was the CEO of Colony Capital Asia where he guided acquisition and asset management activities in Asia. From 2002 to 2004, he was based in New York, where he was a Principal at Colony with responsibility for the identification of US and European investment opportunities. Mr Kelley commenced his career in 1989 at Booz Allen & Hamilton, advising CEOs of major listed companies in the financial services, natural resources and healthcare industries.

Mr Kelley holds a Bachelor of Laws degree from the University of Adelaide, a Masters in Economic Sciences from the London School of Economics, and an MBA from the Harvard Business School.

Current Directorships, Executive Positions and Advisory Roles
Chairman: Adelaide Basketball and Holdfast Assets.
Director: Shopping Centre Council of Australia and Property Council of Australia.
Council Member: Asia Society Policy Institute.

Past Non-executive Directorships (past three years)
None.