Murray Holdaway

Co-founder, Executive Director with BSc and BCom qualifications, holds 2.86% of shares

Murray Holdaway BSc, BCom Executive Director. Murray Holdaway, co-founder of Vista Group, holds 2.86% of Vista Group's ordinary shares, and was Vista Group's Chief Product Officer until he resigned in 2022. Considering all relevant factors including his previous executive roles, the Board has determined that Murray Holdaway is not an Independent Director. Murray Holdaway retired as Vista Group's Chief Product Officer in June 2022. However, as a participant in Vista Group's Gold Class Alumni Scheme, Murray remains an executive as defined in the NZX Listing Rules.