3 June 2025

CEO Resignation and Chairman Appointment

Frontier Digital Ventures Limited (ASX: FDV) (“FDV” or “the Company”) advises that Mr. Shaun Di

Gregorio has tendered his resignation as Chief Executive Officer and Managing Director of the

Company, effective 30 November 2025. The Board extends its sincere appreciation to Mr. Di Gregorio

for his leadership and contribution since the Company’s inception.

As founder and CEO of FDV, Mr. Di Gregorio has built FDV’s global portfolio of online marketplaces

and guided the Company through multiple stages of growth. He has taken the business from an idea

to a digital marketplace group operating across 17 countries, with positive free cashflows and a

powerful platform for growth.

The Board will immediately commence a process to identify a new Chief Executive Officer.

Separately, the Company advises that Mr. Anthony Klok will step down as Chairman of the Board, and

Mr. Patrick Grove has been appointed as the new Chairman, effective immediately.

Mr. Grove is a co-founder of FDV and was appointed as a Non-Executive Director on 10 April 2025. He

brings extensive experience in building and scaling digital businesses across emerging markets and will

provide strategic leadership as the Company enters its next phase of growth.

In accordance with the announcement made by the Company on 10 April 2025 in relation to Board

renewal, Mr. Klok will remain a Non-Executive Director until such time as a new independent director

is appointed.

The Board thanks Mr. Klok for his leadership as Chairman.

The Company will provide further updates to the market as appropriate.

Authorised for release by the Board of Directors of Frontier Digital Ventures Limited.