Inside Ownership                   Ordinary Shares    % NCK Issued         Net Value at $15.83

Anthony Scali                          6,439,474                    7.95%              $101.936m

John Ingram                            200,000                       0.25%              $3.166m

Carole Molyneux                    0                                  0                      0

William (Bill) Koeck                 16,300                         0.02%              $258,029

Kathy Parsons                         13,500                         0.02%              $213,705

Total                                        6,669,274                    8.23%              $105.574m

*Note figure pre capital raise April 2024, Note have not included Anthony Scali A$4.0m conditional placement. https://announcements.asx.com.au/asxpdf/20240424/pdf/062tmqwhyzb0sq.pdf

Board Selling

Carole Molyneux

27 March 2024

·      Sells 25,000 shares at average $15.26 per share ($381,500)

John Ingram

8-12 February 2024

·      Sells 156,551 shares at average $14.88 per share ($2,330,201)

Anthony Scali

27 November 2023

·      Sells 4,600,000 shares at average $11.00 per share ($50,600,000)

https://announcements.asx.com.au/asxpdf/20231123/pdf/05xptg4rl0fbjz.pdf

Bio Board of Directors

John Ingram – Independent Non-Executive Chair

 John was appointed to the Board as non-executive Chair in April 2004, and was formerly Managing Director of Crane Group Limited. 

Carole Molyneux – Independent Non-Executive Director

Carole was appointed to the Board in June 2014. Carole has extensive experience in retail and was the Chief Executive Officer of Suzanne Grae, (part of the Sussan Retail Group), for eighteen years until 2013.

William (Bill) Koeck - Independent Non-Executive Director

Bill was appointed to the Board in August 2020. Bill is an experienced legal adviser with over 40 years of experience in mergers and acquisitions, equity capital markets, private equity, restructuring and corporate governance. For over 20 years, Bill has been a part time lecturer in corporate and securities law in the Masters of Law course at the University of Sydney. Bill is a Member of the Federal Governments Takeovers Panel.

Kathy Parsons – Independent Non-Executive Director

Kathy was appointed to the Board on 1 January 2023 and brings a wealth of experience in accounting, finance, governance and risk management. Formerly she was an assurance partner at Ernst & Young with deep international experience working in Australia, the USA and the UK in a broad range of industries including retail and real estate. She was also part of the Oceania assurance leadership team responsible for quality assurance and risk management. Kathy was the signing partner on the audit of Nick Scali Limited from 2012 to 2018. 

Anthony Scali – Managing Director

Anthony is Managing Director of Nick Scali Limited. Anthony joined the Company in 1982 after completing a Bachelor of Commerce degree at the University of New South Wales and has almost 40 years’ experience in furniture retailing.