CDI APPOINTS JULIAN SMITH AS INDEPENDENT DIRECTOR

Level 7, 23 Customs Street East, Auckland
P. O. Box 3248, Auckland 1140, New Zealand
Ph (09) 353 5077 Email: admin@cdli.co,nz
STOCK EXCHANGE ANNOUNCEMENT
Date 9 December 2025
CDI APPOINTS JULIAN SMITH AS INDEPENDENT NON-EXECUTIVE DIRECTOR TO THE BOARD
CDL Investments New Zealand Limited (“CDI”) has appointed Julian Smith – an experienced governance
leader to its Board as an Independent Non-Executive Director, effective from 9 December 2025.
This appointment follows a rigorous search and selection process undertaken by the Board. Mr. Smith has
been confirmed as meeting the independence requirements under NZX Listing Rule 2.6.2.
CDI Chair Desleigh Jameson commented “The Board is
thrilled to welcome Julian, his governance
experience and strategic insight will strengthen CDI’s focus on growth and long-term shareholder value.”
Mr. Smith confirms
he is looking forward to joining CDI and remarks “CDI’s reputation for quality and
value is exceptional. I’m excited to contribute my experience in governance, transformation, and digital
strategy to support its next phase of growth.”
Mr. Smith brings over 15 years of governance experience, and a track recorded of driving major capital
projects and digital transformation. He recently led New Zealand’s largest capital raise ($3.4b) to fund
Auckland’s $13b water infrastructure plan. He is a Chartered Member of the Institute of Directors, where he
chairs the Te Tai Tokerau committee and currently serves on the boards of Watercare, Northport Group,
MetService, and the Look Good Feel Better Trust.
Mr. Smith’s expertise spans business transformation and capital project delivery, with a strong
commitment to building regional New Zealand prosperity. With over a decade of leadership
experience in New Zealand’s technology sector and having worked extensively across international
markets in Asia, Australasia, the Middle East, and the UK, Mr. Smith's background includes digital
governance (AI, cybers
ecurity) and corporate affairs, complemented by deep marketing and
c
ustomer experience credentials. He holds an LLB and BCom from the University of Auckland and a
certificate in cybersecurity from Harvard University.
CDI is pleased to provide this update and looks forward to the contribution Mr. Smith will make to the
company’s future success
ENDS
Issued by CDL Investments New Zealand Limited
About
CDL Investments New Zealand Limited:
CDL Investments New Zealand Limited (NZX:CDI) has a proud track record of acquiring and developing
residential sections in New Zealand for over two decades. With a focus on creating and developing a
range of high-quality residential sections to New Zealanders, CDI has successfully completed numerous
subdivision projects in Auckland, Hamilton, Tauranga, Hastings, Havelock North, Taupo, Nelson,
Christchurch, Rolleston (Canterbury) and Queenstown. More recently, CDI has successfully completed
commercial property projects including industrial warehouses in Wiri, South Auckland and neighbourhood
centres at Prestons Park, Christchurch and Stonebrook in Rolleston. CDI is a majority-owned subsidiary of
NZX-listed Millennium & Copthorne Hotels New Zealand Limited.